Mortgage Broking
Did You Know We Also Do Mortgage Broking?
This is something I tell clients fairly often and it still surprises most of them. People come to us for tax returns, for BAS, for business advice — and they have no idea we also do mortgage broking. I want to fix that, because for a lot of you it is genuinely worth five minutes of your time.
Why a Broker, Not Just Your Bank
A mortgage broker is not tied to one lender. We work across a panel of banks and lenders, which means we can compare your current loan against what is actually available in the market right now, rather than just what your existing bank wants to offer you to keep you.
Banks are not necessarily transparant about this, but the rate offered to a brand new customer is often meaningfully better than the rate a loyal long-term customer is sitting on. There is a name for this in the industry — the loyalty tax. It is real, and it is one of the most common things we find when we run a rate check for an existing client.
What We Actually Look At
A rate check is straightforward. We look at your current loan — the rate, the lender, the loan type — and compare it against current market offers across our panel of lenders. We also look at your broader financial position, because as your accountant we already have visibility most brokers would have to build from scratch. That means a faster, more accurate assessment of what you could actually qualify for.
If a better deal exists, we walk you through what moving would involve — any break costs, the actual savings over time, and whether it is worth the switch. If your current loan is genuinely competitive, we tell you that too. This is not about selling you something. It is about knowing where you stand.
The Advantage of Having It All in One Place
There is a real benefit to having your accountant and your mortgage broker be the same person. When we already understand your income, your business structure, your tax position, and your overall financial picture, the mortgage conversation is faster and more accurate than starting from scratch with someone who has never seen your numbers.
Self-employed income can look different to a lender than it does to you. We know how to present your financial position in the way lenders need to see it, because we are the ones who prepared it in the first place.
Who This Is Worth It For
If you have not reviewed your home loan in the last two to three years, it is worth a check. If interest rates have moved since you last looked at your loan, it is worth a check. If you are self-employed and assume getting a competitive loan will be difficult because of how your income looks on paper, it is worth a check — this is exactly the situation where having your accountant involved makes the biggest difference.
And if you are simply someone who has never actually compared your rate to what else is out there, it is worth a check. Most people genuinely do not know whether they are on a good deal or an average one, because comparing takes time most people do not have. We can do that comparison for you in a fraction of the time.
What It Costs You
Nothing, to find out. A rate check is a five-minute conversation about your current loan and your situation. If we find an opportunity worth pursuing, we will tell you exactly what is involved and what it could save you. If we do not find anything better, you have lost nothing but five minutes — and you now know your current rate is genuinely competitive, which is its own kind of peace of mind.
It costs nothing to find out which one you are.
Get a free rate check — takes five minutes
No obligation. No pressure. If your current loan is the best available, we’ll tell you that too.
Frequently Asked Questions
Yes. 123 Financial Group offers both accounting and mortgage broking services. Having your accountant also act as your mortgage broker means they already understand your income, business structure, tax position and financial picture — making the process faster and more accurate than starting from scratch with a broker who has never seen your numbers.
Yes, particularly if you haven’t reviewed your loan in the last two to three years. The rate offered to loyal existing customers is often higher than the rate available to new customers at the same bank — a practice known as the loyalty tax. A rate check costs nothing and takes about five minutes.
The honest answer is that most people don’t — because comparing takes time most people don’t have. A mortgage broker can compare your current rate against what’s available across a panel of lenders in a fraction of the time. At 123 Financial Group, a rate check is a free, no-obligation conversation.
A mortgage broker is not tied to one lender. They can compare your current loan against offers from multiple banks and lenders, giving you an objective view of whether you’re on a competitive rate. Your existing bank will only ever offer you their products. A broker works in your interest, not the bank’s.