All Topics / Finance / powerloan… is it legit?

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  • Profile photo of 8cubed8cubed
    Participant
    @8cubed
    Join Date: 2006
    Post Count: 4

    We are looking into our 1st homeloan and have applied with powerloan… upon doing some initial reseach, they seem not so reputable… any feedback would be great… only interested in the loan, not their investment options. We are in a low loc with income situation… not really too sure who the best lenders are for us… suggestions?

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    What was it about Powerloan that seemed attractive to you in the first place?

    I think you should get some comparison products. You might well find that a reputable lender might offer you the same or a better product.

    The easiest way to compare loans is to use a broker. Alternatively you can try http://www.cannex.com.au

    I think you should believe your gut but I am probably not unbiased …

    All the best,

    Simon Macks
    Residential and Commercial Finance Broker
    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

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