😲 We honestly get shocked (and sad) when a bank sacks 400 staff in one day, like was announced yesterday. These are our colleagues.
🤝 Banks are Truly Finance's Suppliers, our Business Partners, and we truly love banks in this way.
Why did this happen? Simple.
📉 Because bank's profit margins have reduced.
📈 Because competition has increased.
It's excellent for customers.
Customers whom Truly Finance must put first.
"That’s great news for customers, whose adoption of mortgage broking means they’re generally getting better services at a lower cost."
"Mortgage brokers have reshaped the most important segment of Australia’s retail banking sector. Margins aren’t going to rebound. Competition will intensify."
If you go directly to banks, and want Truly Finance on your side, DM, Call, SMS, or email us ASAP. Competition will only intensify.
*Contact us for a copy of this AFR Article
Truly Finance's mortgage broker advice, financial services and property strategies are generally complimentary. We do this for the best interests of our clients and we strive to be the best mortgage brokers!
James Brett. Principal. Awarded Mortgage Broker ☎️ 0439 591 759
Victor Simone. Principal. Legend Mortgage Broker ☎️ 0449 659 029
Andrew O'Brien. Superstar Mortgage & Finance Broker ☎️ 0451 308 292
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Credit Representative Numbers 521733, 550284 & 550765 are authorised under Australian Credit Licence 389328