Budding home owners are not confident when it comes to non-banks: lenders who act as suppliers of loans but cannot take deposits. So how do they measure up?
Getting a home loan was harder after the global financial crisis as many lenders tightened the purse strings. Slowly lenders are relaxing their criteria.
When it comes to paying off your mortgage fast there really is little difference between the two features - redraw and offset can both save you interest.
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