Brokers: Are They Replacing The Bank Manager?

In the past, customers were able to walk into their local bank and the bank manager would know their name and their story. However as the role of the bank manager is being made redundant, people are looking for a more personalised experience when it comes to the lending process. Enter the mortgage broker. Ā Mortgage brokers provide excellent value as they are a reliable and well informed way for consumers to obtain a great deal on their home loan from a large selection of banks and other lende...
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The Rise And Rise Of Mortgage Brokers: How They Are Replacing The Bank Manager

Recent figures from the ABS show that mortgage brokers process 52% of all mortgage and home loans and this figure is rapidly growing. This preference has largely been brought about by the many benefits associated with the personalisation that comes with dealing with a broker. Mortgage brokers obviously provide excellent value, as they are a reliable and well informed way for consumers to obtain a great deal on their home loan from a large selection of banks and other lenders, however the m...
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