Ur assumptions are correct, i went via a broker that worked for a bank.
Luckily she set up my loans correctly (not x-coll)
In the near future, the next broker will definitely be in this forum!!!
Haha my experience with bank brokers are a bit hit and miss. Sounds like your one did you a great job. The bad ones seemed more focussed on selling me insurance when I wanted a home loan.
I guess the same goes for actual brokers too. I've spoken to many of the brokers on here and by my limited evidence, the majority are in the hit category!
Goodluck.