As mortgage advisers we often get asked how do I find the best mortgage lender?
It’s one of those obvious questions to ask, but an impossible one to answer.
The best mortgage lender for one person may not be the best for someone else – everyone has different ideas of what makes a good mortgage lender.
What lots of people really mean is what is the best home loan.
But again this is a hard question to answer.
A lot of people will focus on the lowest home loan rates being offered and select a bank solely on the basis of rate.
Other people will be focused on the features of a home loan that may make it easier to pay the loan off faster. Some banks do have loans with features that really do make them better than others and we have researched the home loans on this website – read more about paying off your mortgage faster here.
There is never one answer that will suit everyone but a mortgage adviser can help you decide on the best loan and the best mortgage lender.