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Homebuyers are looking for alternative lenders

26/07/2012

Research from RAMS reveals alternative lenders are on the shopping list for home buyers seeking a better deal.

The RAMS First Home Buyers’ Pulse Check survey, asked both ‘home seekers’, who are currently looking to buy their first home, and ‘home owners’, who have purchased their first home in the past 12 months, for their views on the home buying process in the current market.

RAMS Chief Executive, Melos Sulicich said: “62% of home seekers would prefer an alternative lender such as a credit union or non-bank lender. Only 28% of home owners told us that the major banks generally offer the best mortgage deals. By comparison, 44% felt that the various alternative lenders provide a better deal.”

Source: RAMS



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