What are you not understanding? I thought the scenario was pretty clear.
Hypothetically, let's say that YOU DID PUT YOUR CLIENT IN THIS SITUATION - mistakes happen. The bank screwed you over last minute. What would you do to save the day? Where are you as a broker providing value and expertise?
"My point is, just because you have shiny bank badge on your chest doesn't make you more qualified than a good broker. "
At this point, a "good broker" just sounds like a glorified agent for the bank and not an advocate for the borrower.
Do a quick sales pitch. I am a prospective borrower wanting a home loan. What can you do to help me?
Are you a professional serving me, or are you the affiliate marketing arm of the lender?
"One bedroom apartments in Melbourne sub 50 sqm are a terrible buy in the first place. in my opinion."
While I agree, this is irrelevant. Your job is to organise the finance, not give feedback on the quality of the purchase.
"No amount of "leverage" could get that deal done with NAB."
HAHA!
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