Help guide
Mortgage broker fees: who pays in Australia?
How broker commissions from lenders work, what “no borrower fee” commonly means, clawbacks, and disclosure documents you should see — general industry picture.
Lender-paid trail and upfront
Many residential brokers are paid by lenders via commission for settlement — you still receive mandated credit documents explaining conflict handling.
You can ask how your broker compares options across multiple lenders rather than a single panel anecdote.
When you might pay fees
Complex commercial or specialist work sometimes carries separate professional fees—always get these in writing before proceeding.
Clawback periods mean early discharge can affect broker economics—transparency helps you understand service sustainability.