Eighty-two per cent of mortgage brokers think non-banks present a competitive alternative to the banking majors.
A survey of over 500 mortgage brokers conducted by non-bank lender Homeloans shows that confidence in Australia's non-bank sector is continuing to grow, in a market where the major banks continue to dominate.
The survey also found 80% of mortgage brokers believe a recognised and reputable brand is important in a provider, with 33% saying they would find it difficult to recommend a credit provider that a client was not familiar with.
The findings reflect that the "flight to brand" and stability that took place during the financial crisis may start to help non-bank lenders with a strong brand presence among Australian consumers.
Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker
Top Suburbs :
tweed heads south
Get help with your investment property
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.
We value your privacy and treat all your information seriously - you can check out