Why More Aussies Are Choosing Brokers More Than Ever

By Josh Bartlett, Mynt Financial

When it comes to getting a home loan, more Australians are turning to brokers and it’s not hard to see why. With tighter budgets, rising living costs and hundreds of loan options on the market, people want clarity, choice and someone in their corner. That’s exactly what a good broker delivers.

Here’s why broker usage is at an all-time high:

1. More Choice, Better Outcomes

Walking into a bank means you’re getting one set of products. Working with a broker gives you access to dozens of lenders, hundreds of loan options and a much higher chance of finding the right structure, rate and policy for your situation.

2. Policy Matters (And It Changes Constantly)

What you’re “approved for” at one bank might not fly at another and policies shift weekly. A broker filters through all of that and matches you to a lender who will actually say yes, not just advertise it.

3. Brokers Work for You, Not a Bank

A broker’s job is to look after your best interests, not sell a single product. Whether it’s negotiating sharper rates, fixing complex scenarios, or reshuffling your structure to save you money, it’s all done with you in mind.

4. It Saves Time (And Usually a Lot of Money)

People are busy. No one wants to spend hours comparing loans or following up a bank that takes weeks to respond. Brokers handle the legwork, the paperwork and the negotiations often saving clients thousands over the life of their loan.

5. Support Before, During and After

A great broker isn’t just there for the application. They check your rate, track policy changes, flag opportunities to save, and support you as life evolves, something a bank simply doesn’t do.

Bottom line: A single bank can only ever give you a single option. A broker opens the whole market – checking who will give you the best rate, the strongest approval and the right structure for where you’re heading. You get strategy, support and service long after settlement… not just whatever one bank happens to offer.

“I haven’t heard too many stories where a bank calls an existing customer to say, ‘Hey, we’ve got a cheaper rate for you, want to take it?’ Banks are busy chasing new clients with sharp introductory offers, but existing borrowers can easily get forgotten. That’s where a good broker makes all the difference. We review your loan a couple of times a year, check your rate, look for better options and stay across policy changes, because our job isn’t just getting your loan approved. It’s being in your corner for the long run and helping you navigate your finances as life changes over the years.”

“With around 8 in 10 new home loans now going through a mortgage broker, it just makes sense to have one on your side, especially if you don’t already. I’d love to help.”