They’re wealthy, brash and eating the banks’ lunch. Meet the millionaire mortgage brokers taking on the major lenders – and, for now – winning.
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If you were about to buy a million-dollar home, would you be prepared to pay about $14,000 to a mortgage broker for help tracking down the best deal?
Many people would baulk at the prospect of forking out such a large amount for the dubious pleasure of an $800,000 home loan.
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Original URL: https://www.afr.com/companies/financial-services/inside-the-unstoppable-rise-of-australia-s-mortgage-brokers-20240524-p5jg8b
