Brokers top choice for rural buyers
Regional investors and home buyers prefer to source their finance from mortgage brokers rather than going directly to a lender, a new survey has showed.
According to the eight Mortgage and Finance Association (MFAA)/Bankwest Home Finance Index, regional borrowers who source their home loans from brokers are generally 30 per cent more satisfied than those who don’t.
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The benefit of "getting the best deal" through a mortgage broker jumped 18 per cent from July last year with 67 per cent of respondents citing this as the key benefit of going to a broker.
Experience also ranked strongly, with 30 per cent of respondents stating that brokers are more experienced than lenders - up from 24 per cent in July 2010.
The Index polled more than 1,100 people across Australia.
