FairBroker® is free to use and will remain free to use forever to borrowers. This is a conscious decision to ensure an already burdened borrower with conflicted mortgage advice does not have to spend money to receive fair and unbiased mortgage offers.
FairBroker® is a marketplace for Mortgages. On FairBroker®, a borrower creates a deal request and receives multiple mortgage offers from Mortgage Brokers and Lenders. Mortgage Brokers and Lenders go through borrower’s self-declared information in deal request before finding the most suitable mortgage offer to match the borrower’s situation and criteria.
FairBroker® is not only free for borrowers but also for Mortgage Brokers and Lenders to use. We figured we should not have any conflict of interest with Mortgage Brokers and Lenders to ensure borrowers can trust the offers they receive on the platform. The only way to assure FairBroker® is unbiased to borrowers is to give free access to Mortgage Brokers and Lenders. This also ensures there is equal opportunity for every Mortgage Broker and Lender to win business from the borrower by providing the best offer.
How does FairBroker® make money?
FairBroker® intends to make money by providing value-added services that do not compromise FairBroker® being unbiased. At FairBroker® we believe in the following:
- The Borrower should always get the best mortgage product offered in the market
- Getting a mortgage should always be simple and not time-consuming
- The Mortgage should be personalised and match the personal situation of a borrower
It is our mission to ensure transparency and the best outcome for the borrower and hard-working mortgage broker. Looking for a mortgage or looking to refinance your existing mortgage? Create a deal request on FairBroker® and get unbiased mortgage advice and assured commission share from mortgage brokers.