Mortgage brokers are qualified finance professionals who work with you to assess your borrowing needs and goals, helping you determine how much you can borrow. They ensure that you don’t take on a loan that isn’t suited to your financial situation.

Just like your solicitor, accountant, or financial planner, we are specialists in our field, providing tailored finance solutions to help you achieve your objectives. With a mortgage broker, you can expect a more personalized level of service than you would typically receive directly from a lender.

Our brokers also have access to a broad range of finance products from various lenders. This allows us to compare options across multiple providers and find the loan that’s the perfect fit for you.

Lenders typically offer only their own loan products, which can include a range of options such as low-doc loans, package loans, loans with redraw facilities, plant and equipment loans, fixed-rate loans, interest-only loans, and variable-rate loans, among others. As a consumer, the challenge is determining which loan is the best fit for your needs. This is where your mortgage broker becomes an invaluable resource. If you go directly to a bank, you'll only be presented with the loan options from that specific lender. However, as your mortgage broker, we do the heavy lifting to find the loan that aligns with your financial situation and goals. We work with multiple lenders and their diverse product offerings, ensuring we match you with the most suitable loan for your circumstances.

Some mortgage brokers charge a fee for their services, while others do not. At JAS Finance, we almost never charge a fee to residential clients. If a situation arises where a fee may be applicable, we will inform you upfront. Using a mortgage broker to secure a loan does not result in higher loan repayments. Brokers are paid a commission by the lender for bringing in new business, but this does not affect your interest rate.

If a broker does charge a fee, they are required to disclose it upfront, so you are fully aware of the cost before engaging their services.

Mortgage brokers do not set interest rates. The Reserve Bank of Australia meets on the first Tuesday of each month to determine the official cash rate for the country. Lenders use this rate as a benchmark to set their own rates, which they may adjust based on their operational costs and other economic factors.

As Connective Brokers, we have access to a wide range of lenders. This allows us to source loan options from multiple providers, ensuring we find the best solution tailored to your unique situation.

Several factors are considered when determining how much a customer can borrow, including income, employment status, saved deposit, current living expenses, and any existing liabilities. Using online borrowing calculators can provide a rough estimate of your borrowing capacity. For a more accurate assessment, give us a call, and we can discuss your options and financial circumstances in more detail.

Using a finance broker won’t cost you more. The interest rates and fees on your loan are set by the lender, not the broker, meaning you’ll pay the same whether you apply directly or through a broker. Brokers simply help you compare options and find a loan that suits your needs—often saving you time and helping you access deals that may not be widely advertised. At JAS Finance, we make sure you get competitive loan options without any added cost.

Definitely not. First, there is very little difference in the commissions paid by various lenders. Additionally, the National Consumer Credit Protection Act (NCCP) is in place to protect consumers and uphold ethical and professional standards in the finance industry. We are transparent about the commission we receive from the lender, which we disclose upfront. Our sole focus is to find the most competitive loan that aligns with your needs and financial goals.