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Talk to Mortgage broker or go to bank first?

#Post
1

Hi guys, anyone know if its best to find a mortgage broker to talk to about conditions of getting a loan for a house or go to a bank first?
Also would it be best i go to a bank i bank with already ?
Or a broker, how do i choose, are some good and some bad?

any help greatly appreciated, thanks

perfumeandchis - 2021-01-25 19:15:00
2

"blows own trumpet" read reviews and then make a decision.

jeffqv - 2021-01-26 16:39:00
3

Just go to the bank that you use, easy as, I would leave a broker for last option. Each to their own.

msigg - 2021-01-26 17:19:00
4
jeffqv wrote:

"blows own trumpet" read reviews and then make a decision.


This. Jeffqv knows it

orphic1 - 2021-01-26 17:54:00
5

Ok sounds good thanks

perfumeandchis - 2021-01-26 17:55:00
6
jeffqv wrote:

"blows own trumpet" read reviews and then make a decision.

So il go to bank and if no good il come to you yeah :)

perfumeandchis - 2021-01-26 17:58:00
7
msigg wrote:

Just go to the bank that you use, easy as, I would leave a broker for last option. Each to their own.

Why? Banks have very little loyalty to even long term customers nowadays. A broker will tailor the application to the appropriate lenders.

johnston - 2021-01-26 18:07:00
8
johnston wrote:

Why? Banks have very little loyalty to even long term customers nowadays. A broker will tailor the application to the appropriate lenders.

Brokers are so much easier to deal with and help you with the best way to put your applicatiooon forward. Also you don't get a different dodo to deal with like everytime at the bank

familiadude1 - 2021-01-26 19:12:00
9
msigg wrote:

Just go to the bank that you use, easy as, I would leave a broker for last option. Each to their own.

Just wondering how your 'each to their own' in the other thread is going for you msigg? You didn't answer re; insurance etc ???

desi1969 - 2021-01-26 19:14:00
10

Daughter went to the bank and they wouldn’t look at her so went through broker and had no problem and guess who the mortgage is with, yes her own bank.

camper18 - 2021-01-26 20:00:00
11
camper18 wrote:

Daughter went to the bank and they wouldn’t look at her so went through broker and had no problem and guess who the mortgage is with, yes her own bank.

Just love it when that happens, which is a lot!

jeffqv - 2021-01-26 21:47:00
12
camper18 wrote:

Daughter went to the bank and they wouldn’t look at her so went through broker and had no problem and guess who the mortgage is with, yes her own bank.

that is pretty much how it happened for us

cathi - 2021-01-26 22:33:00
13

Hit and miss really. I’ve had good and bad with both. A good broker is worth their weight in gold. So is a good loans manager. As others have said. Ask your bank and see what they can do. Then ask a broker.

macman26 - 2021-01-26 23:41:00
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