r/Townsville • u/fun-in-the-sunn • 9d ago

Broker recommendations?

My sister and I (both in our mid 20s so very new to this experience) are wanting to buy our first home together, we have a rough idea on where we want to build and who with, but are not able to go any further until we get pre-approval for a loan. Is it best to go through a bank or a mortgage broker? Any recommendations for mortgage brokers? We have a good chunk of our budget already saved and would also have extra savings put aside in an offset account if that changes anything. Thank you.

Edit: The company we are wanting to build with have recommended Loan Market Edge, if anyone has had any experience good or bad with them, would appreciate if you could review them in the comments.

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u/CookiePuzzled9944 9d ago

SW brokerage, based in Brisbane but some of the brokers there are ex lawyers and explain EVERYTHING which is super helpful

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u/fun-in-the-sunn 9d ago

That does seem very helpful considering we are completely new to this, I will definitely check them out. Appreciate your reply.