Broker V's Bank

As Lenders become more aggressive in gaining business, customers are looking at self education now, more than ever. The question then becomes, is it better to seek the services of a Mortgage Broker or just go straight to the bank?

A recent article by Credit Mediation Service, covers just this point. The full article is available by clicking this link.

Just to further follow up, I remember back to my first loan some 20 years ago. I needed to make an appointment with the actual Bank Manager and he worked with me on education regarding paying the mortgage off and creating a savings plan. It seems now the banks lenders work more for Shareholders and the current Mortgage Broker is now the Bank Manager of old. This may be why in increasing numbers clients are seeking the services of a trusted mortgage broker.