Buying guide

Do I need a mortgage broker to refinance my home loan?

To help you sort your mortgage out we’ve answered common questions around mortgage brokers.

Ben Tutty
Last updated: 27 August 2025 | 3 min read
AI

AI summary

While you don't need a mortgage broker to refinance, they offer impartial advice on home loans from multiple lenders.

Key benefits include:

- Simplifying applications and negotiating better rates.

- Assisting buyers with unique circumstances (e.g., self-employed).

- Services are often free, paid by lender commission.

However, brokers don't work with all banks, and potential fees may apply if you don't proceed. A broker is ideal if you want expert guidance and help comparing lenders.

No you don’t need a mortgage broker to refinance your home loan

Refinancing could save you money to spend on the things that really matter.

How can a mortgage broker help you?

The drawbacks of using a mortgage broker

When should you see a mortgage broker?

Could refinancing with a mortgage broker save you money?

Do mortgage brokers do credit checks?

So is a mortgage broker right for you?

Author

Ben Tutty Ben Tutty
Content Writer