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  1. RumpledElf

    What does a Mortgage Broker do...(not facetious question)

    I'd happily pay $1000 if some mortgage broker could hook me up with a lo or no doc bridging construction loan, just to save us the pain of moving twice. I'd imagine there's virtually no point in getting an ongoing commission for a loan that has a life of less than 3 months. The alternative is...
  2. RumpledElf

    What does a Mortgage Broker do...(not facetious question)

    Ours vetted everything, even did some fiddling. Nothing was passed directly on. She screwed up one thing - didn't set the new loan to IO but she realised that was a mistake and organised and paid the switch fee from P&I to IO. I'd recommend her.
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