viciouskillersquirrel
Member
So AUS Gaf, who is the best bank to get a home loan through? At least a cheap % home loan?
Been looking around but they all see to vary in terms of % with the big banks being pretty high.
Fred stole my answer. A good broker will steer you in the right direction and take into account your circumstances. For instance, you can get better deals on interest rate if you've got a big deposit or if you're willing to swallow higher lender fees, which, depending on the size of your loan, may make you better or worse off.Brokers are better I think, but go to a few before committing because some are arseholes, and some will prefer you to go with a particular product for their own bonuses rather than for reasons that are good for you. They will be up to date on which products are the best for your situation, and a good one will understand what you need and know what to suggest. Brokers aren't perfect, but I think you will learn more by going to four different brokers than you will by going to four different banks.
I do hate that the deals get better as you need them less (on account of having more money), but that's the system we operate under.