More Lenders. More Possibilities.

One bank can show you what it offers. We can compare options from multiple lenders. Brokers may have access to lender offers or may be able to discuss pricing with a lender depending on the loan and circumstances. But we wouldn't promise that a broker will always secure a lower rate than you could obtain directly. And rate isn't the only consideration: fees, loan features, lending policy and the overall cost of the loan can all matter.

You absolutely can. The difference is that your bank can only offer you its own products and assess you against its own lending policies. A mortgage broker can consider options from multiple lenders and help compare rates, fees, features and lending criteria. Sometimes another lender may offer a lower rate or a product that's better suited to your circumstances; other times, your existing bank may still be a strong option. Our job is to help you work through the choices.

That doesn't necessarily mean we can't help. Morris Home Loans has access to a broad panel of lenders, but no mortgage broker has access to every lender or every home loan in the market. If you have a particular bank or lender in mind, tell us. We can let you know whether they're available through our panel and, importantly, whether there may be other options worth considering.

Mortgage brokers are generally paid a commission by the lender when a loan settles, which can include an upfront commission and an ongoing trail commission. Commission arrangements can vary between lenders. We'll disclose the commissions and other relevant remuneration associated with your loan as part of the process. Most importantly, our recommendation isn't based on which lender pays us the most. Mortgage brokers are required to act in your best interests when providing credit assistance.

No. Morris Home Loans does not charge clients a fee for our mortgage broking service. If your loan proceeds, we are generally paid a commission by the lender. This does not mean you pay an additional broker fee to Morris Home Loans.

We'll clearly disclose the commission we may receive as part of the loan process, so you understand how we're paid before you proceed.

Not automatically. Interest rate is important, but it's only one part of a home loan. We also consider things such as fees, loan features, borrowing capacity, lending policy and your individual requirements and objectives. A loan with the lowest advertised rate isn't necessarily the lowest-cost or most appropriate loan for every borrower.

Not necessarily. A large lender panel creates more possibilities, but the number of lenders isn't what determines whether a loan is right for you. What's more important is identifying lenders whose policies, products and pricing suit your circumstances, then comparing the appropriate options carefully.

Every lender has its own credit policies, servicing calculations and appetite for different types of borrowers and properties. Your income structure, deposit, existing debts, employment, property type and other factors may be assessed differently from one lender to another. That's one reason having access to multiple lenders can be valuable.

Where appropriate, we'll compare suitable options and explain why a particular loan or lender may suit your circumstances. We want you to understand the recommendation, including the rate, fees, relevant features and why we've recommended it, rather than simply being told which lender to choose.