Does anyone have experience of using an internet bank for their home mortgage?
I’ve got a pre-approval from both MUFG, where I have an account, and also one internet bank (au jibun bank), that tbh I had never heard of until recently; they only caught my eye for their rock-bottom interest rates.
Anyhow, I haven’t gone through the full application with either of them yet, so I’m sure it will all depend on what actual rates they offer me in the end. However, my preference is to go with MUFG (and maybe try my best to negotiate a good rate) because it would be a pain to open another account and move my my salary and all expenses there. However, if the accumulated savings in interest turns out to be significant, I’m wondering if there is really any other drawback with going with an internet bank. I have a savings account with an internet bank back in my home country and I’ve been happy with that for several years.
Does anyone have a loan currently with au jibun bank or a similar type of internet bank? How has your experience been with it?
Appreciate any insight. Thanks!
by irishtwinsons
