Responses
The home loan market is very broad with a lot of different sources of information. Sources can vary from online, lenders directly and mortgage professionals.
Each has its own positives and negatives but as most people tell me the positives far outweigh the negatives when dealing with a mortgage professional. They not only provide all information to consider in one spot but they should assist in finding the most suitable solution to a clients need with an unbiased fashion in a client centric manner - this would include getting the best rate for the situation at hand.
Also something to note is there are many lenders, many products and many types of loans with different features so a low rate loan might not be in the end what a client actually needs because usually the lowest rate loan does not have the features most clients want.
In summary find yourself a good mortgage professional and have a complimentary discussion about your situation.
Any questions let me know. Let me know if i can help with anything else.
Finding the right home loan to suit your situation should not be just determined by which lender has the lowest interest rate. There are many aspects that you need to consider when looking for home loan.
Traditionally home loans that have the least features tend to have lower interest rates.
There are many variables between lenders and products so I recommend that you talk to a professional mortgage broker who can show you how the lenders/loans compare and help you to decide which loan is the perfect fit for your situation.
Easiest way if to talk with a broker. The lowest rates that are advertised are not always available and many borrowers do not service such loans as the lenders use high minimum living expenses and other servicing criteria.
Talk with a broker, like myself! We will go through all our lenders and products to find the right home loan that suits your needs!
Happy to chat more about getting you a low rate home loan!
As a finance broker, I have a many banks on my panel and can run a comparison to find a low rate for you home loan!