If mortgage brokers don't want the biggest purchase/investment in a person life not be called a financial product then they should stop people ringing me up all hours trying to sell me the purchase of an investment property funded by a loan. Why is it that they can breach the anti hawking legislation and flog a loan ?? Bring it on I say and turn it into a financial product to provide consumer protections. Commission paid to mortgage brokers like financial planners according to Union Super funds have the ability to distort the relationship. I would maybe say the mortgage broking industry should be involved in self regulation quick smart.
In order to give you the best site experience, we need to know what kind of investor you are. Please select the title that best describes you below.
Financial Advisers - Investment
Financial Advisers - SMSFs
Individual Investors with SMSFs
Financial Advisers - Insurance
Accountants and Solicitors
Financial Services Professional