I went with Westpac for the first 2 homes because that’s where my loyalty lied for 20 years. I will never use a bank ever again. It’s way too expensive to be loyal these days.
Hi @nq6417! Thanks for sharing your experience. Loyalty in banking can definitely be a tricky subject, especially when it comes to costs. It’s always good to shop around and find what works best for your financial situation. We appreciate your insights!
Diversity is good and brokers are great but there are ways to separate the securities for properties even when staying with the same bank. But misleading or general information here.
You can avoid cross security with the bank however bankers want to do it more than brokers do as it’s a simpler structure. However the point of bank vs broker was much deeper than that alone. It’s choice of lenders, borrowing capacity policies, interest rates, loan terms.
I went with Westpac for the first 2 homes because that’s where my loyalty lied for 20 years. I will never use a bank ever again. It’s way too expensive to be loyal these days.
Hi @nq6417! Thanks for sharing your experience. Loyalty in banking can definitely be a tricky subject, especially when it comes to costs. It’s always good to shop around and find what works best for your financial situation. We appreciate your insights!
Which bank did you use
@@paulinezheng2224 WBC
Diversity is good and brokers are great but there are ways to separate the securities for properties even when staying with the same bank. But misleading or general information here.
You can avoid cross security with the bank however bankers want to do it more than brokers do as it’s a simpler structure. However the point of bank vs broker was much deeper than that alone. It’s choice of lenders, borrowing capacity policies, interest rates, loan terms.