BROKER V BANK – TIP 1Tom Uhlich
Make lenders compete for your loan
Even if you have never used a broker, loans today are cheaper because of brokers.
Smaller lenders don’t have the big budgets of the big four, so they need to offer their loans via brokers. This forces the big 4 to drop their rates to stay competitive.
When you go straight to your bank you lose the power of other banks offering you a better deal.