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When purchasing a property, you generally have two options. On the one hand, you can go directly to the various lenders to compare all their mortgage rates and options yourself. On the other,  you can enlist the advice and services of a mortgage broker. So, the question is, what is a mortgage broker, and what exactly do they do, and why you need a mortgage broker? This post addresses those questions as well as why you should use a mortgage broker when you're looking to buy a property. What is a mortgage broker? A mortgage broker is an individual or company..

So you’ve decided it’s time to have your own place, and are looking to buy a new house. At this stage, it’s important to figure out what your options are with regards to financing. For the uninitiated, this can be severely time-consuming and even after plenty of research, there’s a chance that your research simply isn’t enough to know the complexities.