home loans

[Nicambhar]

definately go through a broker, waaaay easier to deal with than the banks themselves too. good luck

[Shades]

Janelle was recommended to us by the solicitor as a 'miracle worker' - she's been fantastic and we've only dealt with Westpac through her so it was like going through a broker.
The westpac recommendation was given to us only a month or two ago so I imagine they'd still have the best interest rate etc until someone else tries to one-up them.

[Danni]

Sorry but I have to agree that broker applications go to the bottom of the heap. Plus if you have any questions, the bank won't even talk to you. Very hard if you have a busy broker who doesn't answer or return calls! (thats another story!)

I would definitely approach the bank or institution directly. Check out some loan comparison sites and see which features and benefits are best for you, compare interest rates, fees etc

Then approach the bank/s of your choice.

[zanthia]

Hey Ladies! I?m kind of surprised by all the recommendations to go to brokers. It seems like if you are lucky they save you a bit of time and hassle but can?t really get you a better mortgage. And if you are unlucky? well an endless string of headaches! Imagine missing out on your dream home because your broker couldn?t get your loan! Shades hope you were just as happy with the home you ended up with!

Anyway? with the internet these days you can easily do all the loan comparison stuff on your own. Brokers and travel agents? seems like google almost does their job for them. I?m sure there are lots of great comparison sites out there, then you just pick your loan and talk directly to the bank! I?ve been doing a bit of loan research myself and used Mozo and found some great rates. Westpac was the best for me too!

Good luck everyone!