A mortgage broker is the right person to ask advice about home loans. Their loans are not ‘off the shelf’. They have access to a wide variety of loans.
Their skill set is to recommend the most suitable loan, based on the buyer’s personal circumstances, particularly income.
Loan suitability is particularly important to deciding between an interest only loan or a principal and interest loan.
First home buyers have special circumstances. The best loan is one that suits their current situation and future income potential.
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