You have been to your bank, and they have advised you that you can borrow an amount and offer you their best interest rate. Most people won’t speak to another bank, in fact, won’t even compare their rate to the market.
Occasionally, It’s due to not wanting to go through the process of another application with another lender, sometimes it’s due to not knowing what options there are.
Most people grew up with a dolomite account opened automatically for them in their schooling years and have just continued to go back to CBA for all their banking needs, including home loans.
60% of mortgages are organised by mortgage brokers and for good reason. Not only do mortgage brokers find you the best deal without you having to shop around, but they also manage the process of organising the loan.
Here are 3 benefits of using a mortgage broker