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
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AI summary

While not essential for refinancing, a mortgage broker offers impartial advice on loans from multiple lenders, unlike a bank that only promotes its own products. They can simplify the application process and may negotiate better rates.

Brokers are especially helpful for those who are self-employed or have a low credit score. Their service is typically free.

Potential drawbacks include a limited selection of lenders and commission-based incentives. Always clarify any potential fees before proceeding.

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