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Personal loan brokers

Utilise the time and the expertise of a professional broker to take the hassle and stress out of finding your next personal loan.

Elizabeth Barry
Elizabeth Barry

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Finding a personal loan can take a lot of time, effort and stress. By using a personal loan broker, you needn’t waste time searching around for a loan. A broker can help you find the option that is best suited to your situation and requirements and you’ll also have the benefit of a single contact for the total term of your loan.

Personal loan brokers can also be of significant help for those with complicated situations or poor credit scores, who are typically rejected by traditional lenders.

What's in this guide?

  1. How do personal loan brokers work?
  2. Are personal loan brokers worth considering?
  3. How can you find a good broker
  4. What to avoid with personal loan brokers
  5. Alternatives to personal loan brokers
  6. Have more questions about personal loan brokers?

How do personal loan brokers work?

Personal loan brokers work in a similar way to mortgage brokers: they help you find a good deal on your loan.

Personal loan brokers can help you with the full range of personal loan products offered by lenders. Whether you are planning a holiday or buying a new car, a personal loan broker can assist you with finding a suitable product.

Personal loan brokers search for a loan within their lending panel, which is simply the group of lenders that they deal with. Once you sign up for their services they will find a product from one of these lenders. Most personal loan brokers offer online applications and loan management, so there is no need to book an appointment or sign and post documents, which can save you time.

Are personal loan brokers worth considering?

Why should I opt for a broker?

Personal loan brokers offer you convenience. They can find you the best loan option for your unique circumstances. They may be particularly useful if you have a bad credit score or trouble meeting the standard lending requirements at larger financial institutions.

Using a broker can help you maintain a good credit score by preventing unnecessary applications and potential rejections from multiple lenders. Brokers have a better understanding of different lending requirements of various lenders, so they won’t recommend products that you are likely to be rejected for.

Loan brokers often have different minimum loan amount requirements to the lenders themselves. Some credit unions and smaller banks will lend as little as $2,000 unsecured, whereas brokers typically won’t deal with less than $5,000. If you only need a small amount to avoid using a credit card then a broker isn’t suitable for you.

How can you find a good broker

  • Loans offered. Make sure the broker you are considering offers the type of loan that you require.
  • Type of interest. Most brokers offer fixed interest loans only.
  • Loan conditions. Can you pay the loan out sooner, make additional repayments or redraw on overpaid amounts? Make sure you can access these services without having to pay a fee.
  • Lending panel. This is the group of lenders from which your broker will choose a loan. The bigger the panel, the greater the chance of you getting the best deal available.
  • How they work. Some brokers operate almost entirely online, whereas others use the more traditional phone, fax and mail. Make sure you’re comfortable with whichever system your broker uses.
  • Funding time. Brokers have different speeds at which they are able to approve and fund your loan. If you are in a hurry, an online-based broker should be able to approve your loan faster than a paper-based one.
  • Customer service. You will be dealing with the broker for the term of your loan, so make sure you are happy with the level of service they provide. Call them to see how long it takes to get an answer and find out what kind of support they offer.

What to avoid with personal loan brokers

  • A small lending panel. The more lenders your broker has access to, the better your chance of getting the best loan available. Make sure your broker compares a large range of options, otherwise you might as well just do it yourself.
  • Commissions. There isn’t anything wrong with a broker being paid a commission, just be sure of what the commissions are and how they affect the broker’s recommendations. Less honest brokers might push lenders that pay them higher, rather than the ones that offer the best option for you.
  • Fees and charges. Understand the fees and charges that you will have to pay. Ensure that they are all clearly explained to you before you commit to your broker and the loan. It may be worth doing a quick comparison with your current bank, just to get an idea of what you could get without assistance.

Alternatives to personal loan brokers

There are other ways to get a personal loan. You can contact the lender directly.

You can do that by comparing the options below. When you're ready, hit 'Go to site' to be securely routed to the lender's website to check your options and begin your application process or click on 'View details' to read our full review of the lender.

Data indicated here is updated regularly
$
Name Product Interest rate (p.a.) Comparison Rate (p.a.) Monthly Repayment Rates View details CTA
Symple Loans Personal Loan
Symple Loans Personal Loan
From
5.75%
(variable)
6.47%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
5.75%
6.47%
(variable)
You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
Go to site
View details
Plenti Fixed Rate Personal Loan
Plenti Fixed Rate Personal Loan
From
5.99%
(fixed)
6.27%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
5.99%
6.27%
(fixed)
You'll receive a fixed rate between 5.99% p.a. and 15.89% p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 3 years. Interest and comparison rates calculated for a loan term of 5 years.
You'll receive a fixed rate between 5.99% p.a. and 15.89% p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 3 years. Interest and comparison rates calculated for a loan term of 5 years.
Go to site
View details
SocietyOne Unsecured Personal Loan (2-3 years)
SocietyOne Unsecured Personal Loan (2-3 years)
From
6.99%
(fixed)
6.99%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
6.99%
6.99%
(fixed)
You'll receive a fixed rate between 6.99% p.a. and 17.99% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
You'll receive a fixed rate between 6.99% p.a. and 17.99% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
Go to site
View details
SocietyOne Unsecured Personal Loan (5 years)
SocietyOne Unsecured Personal Loan (5 years)
From
7.99%
(fixed)
7.99%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
7.99%
7.99%
(fixed)
You'll receive a fixed rate between 7.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
You'll receive a fixed rate between 7.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
Go to site
View details
Alex Personal Loan
Alex Personal Loan
From
6.95%
(fixed)
6.95%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
6.95%
6.95%
(fixed)
You'll receive a fixed interest rate from 6.95% p.a. to 19.99% p.a. based on your risk profile
Borrow between $2,100 and $30,000 from 6 months to 5 years. Benefit from no ongoing fees. Note: Waived $295 establishment fee for all applications submitted before 15 February 2021.
You'll receive a fixed interest rate from 6.95% p.a. to 19.99% p.a. based on your risk profile
Borrow between $2,100 and $30,000 from 6 months to 5 years. Benefit from no ongoing fees. Note: Waived $295 establishment fee for all applications submitted before 15 February 2021.
Go to site
View details
ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan
10.50%
(fixed)
11.38%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
10.50%
11.38%
(fixed)
You'll receive a fixed rate of 10.50% p.a. ( comparison rate 11.38% p.a. )
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants. Note: These rates are available until 31 March 2021. Credit, eligibility criteria and terms & conditions apply.
You'll receive a fixed rate of 10.50% p.a. ( comparison rate 11.38% p.a. )
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants. Note: These rates are available until 31 March 2021. Credit, eligibility criteria and terms & conditions apply.
Go to site
View details
Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan
From
6.99%
(fixed)
7.79%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
6.99%
7.79%
(fixed)
You'll receive a fixed rate between 6.99% p.a. and 25.69% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.
You'll receive a fixed rate between 6.99% p.a. and 25.69% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.
Go to site
View details
CUA Unsecured Fixed Rate Personal Loan
CUA Unsecured Fixed Rate Personal Loan
9.39%
(fixed)
9.64%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
9.39%
9.64%
(fixed)
You'll receive a fixed rate of 9.39% p.a.
An unsecured loan from $5,000 with flexible repayments and no monthly fee.
You'll receive a fixed rate of 9.39% p.a.
An unsecured loan from $5,000 with flexible repayments and no monthly fee.
Go to site
View details
Latitude Personal Loan (Unsecured)
Latitude Personal Loan (Unsecured)
From
7.99%
(fixed)
9.24%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
7.99%
9.24%
(fixed)
You'll receive a fixed rate between 7.99% p.a. and 22.99% p.a. based on your risk profile
Apply for what you need from $3,000 and use it for a range of purposes. Repay weekly, fortnightly or monthly. You can check your interest rate before applying with no impact to your credit score.
You'll receive a fixed rate between 7.99% p.a. and 22.99% p.a. based on your risk profile
Apply for what you need from $3,000 and use it for a range of purposes. Repay weekly, fortnightly or monthly. You can check your interest rate before applying with no impact to your credit score.
Go to site
View details
NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed
From
9.99%
(fixed)
10.88%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
9.99%
10.88%
(fixed)
You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.
You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.
Go to site
View details
OurMoneyMarket Personal Loan
OurMoneyMarket Personal Loan
From
6.75%
(fixed)
6.96%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
6.75%
6.96%
(fixed)
You'll receive a fixed rate from 6.75% p.a. to 20.99% p.a. based on your risk profile
A personalised loan from $2,001 to $75,000 that varies based on your credit history and financial situation.
You'll receive a fixed rate from 6.75% p.a. to 20.99% p.a. based on your risk profile
A personalised loan from $2,001 to $75,000 that varies based on your credit history and financial situation.
Go to site
View details
ANZ Variable Rate Personal Loan
ANZ Variable Rate Personal Loan
12.99%
(variable)
13.86%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
12.99%
13.86%
(variable)
You'll receive a variable rate of 12.99% p.a. ( comparison rate 13.86% p.a. )
A flexible loan with amounts starting $5,000 that offers flexible repayments and a redraw facility. Note: These rates are available until 31 March 2021. Credit, eligibility criteria and terms & conditions apply.
You'll receive a variable rate of 12.99% p.a. ( comparison rate 13.86% p.a. )
A flexible loan with amounts starting $5,000 that offers flexible repayments and a redraw facility. Note: These rates are available until 31 March 2021. Credit, eligibility criteria and terms & conditions apply.
Go to site
View details
Wisr Personal Loan
Wisr Personal Loan
From
7.95%
(fixed)
8.22%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
7.95%
8.22%
(fixed)
You'll receive a fixed rate between 7.95% p.a. and 19.95% p.a. based on your risk profile
A loan from $5,000 that charges no fees for extra or early repayments. Keep in mind security is required in some cases.
You'll receive a fixed rate between 7.95% p.a. and 19.95% p.a. based on your risk profile
A loan from $5,000 that charges no fees for extra or early repayments. Keep in mind security is required in some cases.
Go to site
View details
Plenti Variable Rate Personal Loan
Plenti Variable Rate Personal Loan
From
5.59%
(variable)
6.25%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
5.59%
6.25%
(variable)
You'll receive a variable rate from 5.59% p.a and 12.89% p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 12 months. Benefit from transparent costs and a rate estimate before you apply.
You'll receive a variable rate from 5.59% p.a and 12.89% p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 12 months. Benefit from transparent costs and a rate estimate before you apply.
Go to site
View details
CUA Unsecured Variable Personal Loan
CUA Unsecured Variable Personal Loan
11.89%
(variable)
12.15%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
11.89%
12.15%
(variable)
You'll receive a variable rate of 11.89% p.a.
Borrow from $5,000 with the option for flexible repayments and no monthly fees.
You'll receive a variable rate of 11.89% p.a.
Borrow from $5,000 with the option for flexible repayments and no monthly fees.
Go to site
View details
NAB Personal Loan Unsecured Variable Rate
NAB Personal Loan Unsecured Variable Rate
From
9.99%
(variable)
10.88%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
9.99%
10.88%
(variable)
You'll receive a variable rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes. Benefit from fee-free additional repayments and a redraw facility. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.
You'll receive a variable rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes. Benefit from fee-free additional repayments and a redraw facility. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.
Go to site
View details
NOW Finance No Fee Unsecured Personal Loan
NOW Finance No Fee Unsecured Personal Loan
From
6.95%
(fixed)
6.95%
Interest Rate (p.a.)
Comparison Rate (p.a.)
Monthly Repayment
From
6.95%
6.95%
(fixed)
You'll receive a fixed rate between 6.95% p.a. and 17.95% p.a. based on your risk profile
Apply for loans from $5,000 and get a dedicated loan advisor. No security required.
You'll receive a fixed rate between 6.95% p.a. and 17.95% p.a. based on your risk profile
Apply for loans from $5,000 and get a dedicated loan advisor. No security required.
Go to site
View details
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Have more questions about personal loan brokers?

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Personal Loan Offers

Important Information*
Logo for Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 25.69% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.

More info
Logo for ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan

You'll receive a fixed rate of 10.5% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants. Note: These rates are available until 2 February 2021. Credit, eligibility criteria and terms & conditions apply.

More info
Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.

More info
Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

More info

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24 Responses

    Default Gravatar
    JamesFebruary 13, 2019

    I’m looking for a $15,000 personal loan, can you please show me all the options I have?

    Reply
      Default Gravatar
      NikkiFebruary 14, 2019

      Hi James,

      Thanks for getting in touch! You can check our list of personal loans on this page.
      Hope this was helpful. Don’t hesitate to message us back if you have more questions.

      Best,
      Nikki

      Reply
    Default Gravatar
    HughJanuary 19, 2019

    Please send me a list of personal loan brokers

    Reply
      Avatarfinder Customer Care
      ValJanuary 24, 2019Staff

      Hi Hugh,

      Thank you for leaving a question. Please check this PAGE to see a list of loan brokers. On the page provided you will be able to compare lenders through our comparison table.
      You can click on the Go To Site for more information. Please check eligibility requirements and the T&C prior to applying.

      Hope this helps.

      Cheers,
      Val

      Reply
    Default Gravatar
    ParvizDecember 6, 2018

    I am a PhD international student would like to apply for a personal loan up to $10,000 to $20,000, if possible.

    Reply
      Avatarfinder Customer Care
      JoshuaDecember 13, 2018Staff

      Hi Parviz,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      Yes, it is possible for you to take out a loan provided that you meet the eligibility requirements of the lenders. The most important factor that lenders consider is your source of income. If you don’t have a stable source of income, then your options might be limited. Moreover, if you are a non-resident, your options may narrow down even further.

      What I can suggest is for you to speak to a personal loan broker to help you explore your available options. Next, you might want to start your search by checking out this list of personal loans. You can directly get in touch with these lenders and check if they have products that might fit your needs.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

      Reply
    Default Gravatar
    DougOctober 22, 2018

    Lenders who accept Disability Pension &/or guarantor

    Reply
      Avatarfinder Customer Care
      JohnOctober 22, 2018Staff

      Hi Doug,

      Thank you for leaving a question.

      On your question about lenders who provide loans to users on pension, you may click on this link to be routed to the panel of lenders who you could contact and take out a personal loan. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!

      Cheers,
      Reggie

      Reply
    Default Gravatar
    Sonya VillerJuly 31, 2018

    I’m a pensioner who wants to buy a mobile caravan worth 40,000

    Reply
      Default Gravatar
      JoelJuly 31, 2018

      Hi Sonya,

      Thanks for leaving a question on finder.

      The guide HERE will take you through everything you need to know to help you find the right type of caravan loan for you as a pensioner.

      Caravan loans are available to people in various financial situations, including pensioners. However, lenders differ on their eligibility criteria. Lenders usually have minimum income requirements and consider certain forms of income, so lenders offering caravan loans to pensioners may consider the age pension or super payments as income, or even consider income from rental payments. More specific information is provided in the table at the bottom of the page.

      To get your application across the line, provide as much detail and documentation on your income streams and finances as possible.

      Cheers,
      Joel

      Reply
    Default Gravatar
    FatimeJune 20, 2018

    I need loan about $30000,please

    Reply
      Default Gravatar
      Ash MunozJune 20, 2018

      Hi Fatime,

      Thank you for visiting finder.

      You may check this page for Personal Loans that has competitive rates and lower fees. The minimum loanable amount is $3,000 though the approval will still depend on the Lender’s assessment of your financial situation and repayment capability.

      I hope this helps.

      Let us know if there is anything else that we may assist you with.

      Cheers,
      Ash

      Reply
    Default Gravatar
    davidJune 7, 2018

    hi just like to know can i get $ 75o

    Reply
      Default Gravatar
      NikkiJune 8, 2018

      Hi David!

      Thanks for getting in touch!

      I understand you want to get $75. Please know that there is a minimum amount to borrow for all lenders/brokers. On the page you are in, you can find more information about loans.

      Hope this clarifies!

      Cheers,
      Nikki

      Reply
    Default Gravatar
    CZApril 12, 2018

    Hello, I have been in a small car accident and my insurance is void. I am looking to borrow around 14k to repair both their car and my own.

    I own a house worth around 800k with a 140k morgange and returning a rent of $800 per week. the problem is that I have started my own business which generates me around $1000 a week currently, but I have only been a sole trader for 6 months and my work income is not recognized yet by the bank. I have just launched my 2017 tax return which was delayed for particular reasons. is there a lender out there who I would be able to borrow off?
    thanks

    Reply
      Avatarfinder Customer Care
      MayApril 12, 2018Staff

      Hi CZ,

      Thanks for reaching out.

      Sorry to hear about the accident. Whilst I cannot 100% say you’ll be approved for a loan, you may want to speak to a lender to discuss your options on this page. You’d be best to review the page first and get helpful information on how to secure a loan with your current situation.

      Hope this helps.

      Cheers,
      May

      Reply
    Default Gravatar
    SarahMarch 28, 2018

    i am after a personal loan of $50,000 can i brow personal loans of this amount from 3 lenders

    Reply
      Avatarfinder Customer Care
      MayMarch 29, 2018Staff

      Hi Sarah,

      Thanks for your inquiry.

      A $50,000 loan is already a big amount and could be risky for the lender especially if it’s an unsecured loan. If you like to borrow that amount, you may like to check the lenders on this page. For unsecured, the lenders you can contact are listed here.

      As for getting a loan from 3 different lenders, I’m afraid that may not be ideal as applying for several loans in just a short period of time can affect your credit history and may impact your future approval.

      Cheers,
      May

      Reply
    Default Gravatar
    LukeMarch 23, 2018

    Hello, I have been bankrupt since 01/06/2017. I need to borrow $5000 to purchase a car. Can you recommend a broker to assist me. I’ve tried and have found the interest rate to be over 50%. Why do I have to be punished further do to unforeseen circumstances

    Reply
      Avatarfinder Customer Care
      JeniMarch 23, 2018Staff

      Hi Luke,

      Thank you for getting in touch with finder.

      While we are not allowed to provide specific recommendations, let me give you general information to help you borrow $5,000 for a car loan. I suggest that you compare first which lender or bank you’re taking a loan with. You may check out this link to compare and find a broker within your area. Brokers offer products from lenders that are within their lending panel, that is, lenders that they have a relationship with. If your current bank is within the broker’s lending panel and it offers a competitive product, then yes, you might end up borrowing from your current bank. However, your broker should be looking for the best value option for you.

      I hope this helps.

      Have a great day!

      Cheers,
      Jeni

      Reply
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