Without a doubt. Brokers provide access to exclusive loan options, expert advice, and tailored guidance, making the entire mortgage process faster, easier, and often more affordable.

Brokerage fees can vary depending on the type of mortgage you’re applying for and any specific requirements you might have. More intricate deals, such as those involving larger loan amounts or requiring greater negotiation, generally demand more expertise to arrange.

On average, fees typically range from 0.4% of the loan amount, and in some cases, they may be included in the deal, meaning you won’t have to manage separate costs.

That said, the deals you’ll get through Revolution are often more favorable than those from traditional banks, which can result in significantly lower monthly payments—think of it like securing a wholesale price rather than paying retail.

While mortgage brokers often offer free advice, it’s important to know that this is usually commission-based. Lenders compensate brokers for recommending certain products, which could influence the advice you receive. It’s worth considering that “free” advice might end up costing you more in the long run, so always weigh your options carefully.

There’s a common misconception that mortgage brokers make loans more expensive due to brokerage fees, but in reality, working with a broker can save you a lot of money over time!

While you may pay a small commission, the benefits often far outweigh the cost:

Exclusive access to better deals: Brokers often have access to loans with more favorable rates that aren’t available on the open market.

Insight into niche lenders and specialists: Brokers know which lenders offer the best terms for your specific needs and can connect you with them directly.

Independent guidance: A broker provides unbiased advice to help you choose the right lender and suggests ways to strengthen your application for the best possible rates.

Help with paperwork: Brokers assist with organizing and submitting your application and supporting documents, ensuring everything is in order.

Leverage for better terms: With established relationships with lenders, brokers can negotiate better rates or terms, sometimes even securing approval for loans that banks may have rejected on minor technicalities.

In the end, working with a mortgage broker can make the process quicker, less stressful, and more cost-effective—saving you thousands over time, sometimes in just the first couple of years, compared to applying directly to a bank.

If you prefer to use your regular bank for a mortgage, there's no reason why you can't apply directly.

However, you'll need to ensure you meet all the eligibility criteria and do your research to make sure your bank offers the most competitive interest rates available.

That being said, mortgage brokers can save you considerable time, effort, and money. They can connect you with niche lenders who are better equipped to offer the funding you need.

Revolution Mortgage Brokers also provide independent advice on a wide range of factors, including insurance options, alternative borrowing products, and support schemes that may be beneficial for your financial situation.

As an independent broker, Revolution Mortgage Brokers has access to the full range of mortgages available on the market, offering a wide variety of costs, interest rates, and terms.

Choosing a mortgage broker over a bank ensures you receive unbiased advice. Brokers can help you evaluate whether the interest rates offered are competitive, point out any hidden terms (like exit charges), and provide clear comparisons between similar products, making it easier to understand the total cost of each option.