Luotonvälittäjän

Luotonvälittäjä, often translated as loan broker or mortgage broker, is an individual or company that acts as an intermediary between a borrower and a lender. Their primary role is to help clients secure loans, most commonly mortgages, but also other types of credit. Luotonvälittäjät do not typically lend money themselves; instead, they leverage their network of financial institutions to find suitable loan products for their clients.

The services offered by a luotonvälittäjä can include assessing a borrower's financial situation, advising on loan options, helping with the application process, and negotiating terms with lenders. They may earn a commission from the lender upon successful loan origination, or they may charge a fee directly to the borrower, depending on the specific arrangement and local regulations.

The benefit of using a luotonvälittäjä for a borrower can be access to a wider range of loan products than they might find on their own, potentially saving time and effort in the search process. They can also assist individuals who may have less-than-perfect credit histories by identifying lenders willing to work with them. However, borrowers should be aware of the fees involved and ensure they understand the terms of the loan facilitated by the intermediary. In Finland, the activities of luotonvälittäjät are regulated to ensure consumer protection.