BROKER V BANK – TIP 5Tom Uhlich
Choice – Probably the most important
The biggest advantage of a broker over a bank is simply choice.
When you sit in front of a broker you are really sitting in front of 30+ banks and thousands of products, whereas a bank only has access to one banks products.
Also, the broker will most likely have your own bank as one of its lenders so they can compare their products anyway.
As the quotes goes ‘would your bank tell you if another bank had a better deal’ – fat chance.