Three different banks.....but OK.
I bow to your inside info and I agree to disagree, but it was well documented during one of the banking inquiries we had to have that some banks were paying staff 40K a year and they were making another 20K through commissions.
You have to ask yourself why bank staff would recommend clients take out interest only loans which happened to a relative (who didn't listen to us) and also a concrete contractor I used to use.
The answer of course, commission.
Same reason the service advisor at the dealership will upsell you a few extra service items to get commission.
Relatives loan was for their own home and the concrete contractor was for investment property.
When the contractors wife told me I simply asked if they were selling soon (which is usually why an interest only loan is used) to which the answer was no, it was long term, and I asked why they were paying interest only, the answer was, recommended by the bank.
I told her they had been screwed.
Some years later her husband told me they had been screwed by the bank to which I replied yep, mentioned it to your wife some years ago.
Anyway as I said let's agree to disagree and at the end of the day, you may have worked for the 3 good ? banks that paid a decent salary while all the others didn't, so commissions were needed.