Hi Henry,

Some other good questions would be:

What is the best suited type of loan with features such as offsets, redraws, etc
What the best rates are and what are the restrictions the lender enforces for those lower rates (no self employed applicants etc)
How much the broker is being paid for your home loan and for how long they get paid

Did you know that you are actually able to collect trailing commissions from your Mortgage every year (around 0.2% of your loan, every year)
It's a great way to get back from additional cash every year – considering you are a property investor, it's obviously all about the money.
Example: A mortgage through of $400,000 could be generating around $800 a year in fees and commissions, that you could be getting back (pay for rates or water bill or some additional mortgage repayments)

Cheers,

Yes, you are right. If you love your broker or banker that much, then it’s all about choice….keep paying them for the next 30 years for signing you up to that loan. Or, on the other hand you would like some of that money back in your pocket – then you can get the same loan, from the same lenders and collect money every single year through YourShare.com.au Home Loans team.
Commissions paid to brokers for Home Loans are around $1000 a year for $500,000 loan..that broker would be getting the same 0.2% every year of the balance of your loan for the next 30 years.