Frequently Asked Questions

Q: Why should I use a Mortgage Broker?

We save you time, money and stress.We are able to compare thousands of loans from over 30 of Australia's leading lenders, giving you a greater chance of obtaining a loan and interest rate that best suits your financial situation. We also manage your loan from application through to settlement.

Got questions? Find quick answers about mortgage brokers, our process, fees, and why OGMA Finance is the smarter choice over going directly to a bank.

What is a Mortgage Broker?

A Mortgage Broker is a qualified financial professional that works between a borrower and the lender. We use their expertise and tools to compare thousands of loans to find one that best suits your needs. We also facilitate the loan process from application through to settlement and advocate on behalf of the borrower.

Why should I use a Mortgage Broker?

We save you time, money and stress.

We are able to compare thousands of loans from over 30 of Australia's leading lenders, giving you a greater chance of obtaining a loan and interest rate that best suits your financial situation. We also manage your loan from application through to settlement.

Why not just go to the bank?

A bank will only be able to recommend their loans. This means you have limited options and may be missing out on a better deal from another lender. Additionally, if you are self-employed or have a poor credit history, your chances of getting a home loan approved by the bank drops dramatically. In this instance, a Mortgage Broker would be your best option as they have access to thousands of loans and know the lenders that will best suit your circumstances.

Are you an accredited Mortgage Broker?

Yes, we are part of the Finance Brokers Association of Australia Limited (FBAA) and licensed to give you credit advice.

We are also regulated by the Australian Securities and Investments Commission (ASIC), which issues and enforces rules on how brokers operate. Authorised Credit Representative number 462964. Australian Credit License number 384704.

How many lenders to you deal with?

We work with over 30 of Australia's leading lenders, including the Big 4 banks. That means we have access to thousands of loans and offers.

What are your fees?

We do not charge a fee for our service. We are paid commission by the lender.

Trusted Financial Experts with a Personal Touch

"Patrick and his team recently delivered outstanding results on a project that was both time-sensitive and strategically important to my portfolio. From the outset, they demonstrated a clear understanding of my objectives and worked diligently to meet every requirement within a tight deadline. Their professionalism stood out—friendly, courteous, and consistently helpful throughout the process. I was kept informed at every stage, which gave me great confidence in their work. I highly recommend Patrick and his team to anyone seeking reliable, high-quality financial brokerage with a personal touch."

~ Sjolke B.