In the final quarter of 2023, an unprecedented 71.8% of all new residential home loans in Australia were facilitated by mortgage brokers, marking the highest percentage on record. This surge in popularity isn’t without merit. Mortgage brokers consistently go above and beyond to ensure clients receive optimal outcomes. At Kredi Home Loans, we take immense pride in being part of this pivotal shift in the lending landscape.
The rise of mortgage brokers as the preferred avenue for obtaining home loans can be attributed to several factors. Notably, as banks increasingly prioritise online services and branch closures, customers are seeking a superior level of service and a wider array of options. Unlike banks, which typically offer a limited selection of products, brokers have access to solutions from over 40 different lenders, enabling them to tailor offerings to suit individual needs effectively.