Definition :: A consultant who normally has a panel of lenders from which he can offer all of their products. This is opposed to a bank that can generally only sell their own products. Mortgage brokers have become very popular in Australia over the last 5 years due to this fact. 35% of all loans written in Australia come from brokers; the figure in the UK and USA is much higher, with nearly 70% of loans written by a mortgage broker..
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DAIS Investments Suite 1.04, 339 Military Road Cremorne NSW 2090 Ph +612 9908 8875 Fax +612 9908 7061
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