Immolytics
Financing

Mortgage broker

Independent intermediary comparing mortgage offers from multiple banks for the borrower.

Full definition

A mortgage broker is an intermediary registered with the FSMA who compares loan offers from multiple banks to find the best conditions for the borrower. In Belgium, they are remunerated by a commission from the lending bank (typically 0.5 to 1% of the borrowed amount), making the service free for the borrower.

Related terms

Mortgage loan

Bank loan secured by a mortgage on the property.

Fixed rate

Interest rate that remains constant throughout the mortgage term.

Loan-to-value ratio

Ratio between the borrowed amount and the property value.

Useful links

Property pricesNotary feesEstimation

FAQ

Independent intermediary comparing mortgage offers from multiple banks for the borrower.