How to find the right mortgage broker in Bendigo

A good mortgage broker can help you find the right home loan to buy property in Bendigo.Mortgage Broker Bendigo Feature 2

The historic goldfields town of Bendigo has a lot to offer to homeowners and investors. As Australia’s fourth-largest inland city, it offers plenty of employment opportunities and access to shopping, dining and entertainment outlets. Bendigo also boasts a fascinating history, a thriving arts scene and easy access to large national parks.

If you’re looking to buy property in Bendigo, either to live in or as an investment, you’ll need to enlist the services of an experienced local mortgage broker to help you find the home loan that’s right for you.

Which brokers have offices in Bendigo?

Rates last updated June 28th, 2017
Details Features
Aussie Home Loans
Aussie Home Loans
Aussie is one of Australia's leading financial service providers, having won The Adviser’s Top Mortgage Broker award for the last 3 years. They charge no appointment fees and can meet at a time and place which suits you. Up to 20 lenders Enquire Now More info
Online Home Loans
Online Home Loans
Online Home Loans is a mortgage broker service designed to help Australian borrowers find the right home loan – and do it all online. Up to 24 lenders Enquire Now More info
eChoice Mortgage Brokers
eChoice Mortgage Brokers
When you do business with eChoice you will be given your own home loan manager to help you select a loan. 25 lenders Enquire Now More info
iConnect has hundreds of loans available through more than 40 lenders in Australia to choose from to find the home loan that is right for you. 40+ lenders Enquire Now More info
Pepper Money
Pepper Money
Pepper specialises in providing fair home loans to those who are credit impaired - from small defaults all the way up to discharged bankruptcies. Credit impaired home loans Enquire Now More info

Other brokers

  • Smartline Personal Mortgage Advisers
  • Gadsden Finance
  • Mainland Finance
  • Integrity Finance
  • Bendigo Leasing and Finance

What will a typical mortgage cost in Bendigo?

As the median house price in Bendigo is $385,000, many lenders will require you to have a 20% deposit of $77,000 in order to take out a loan. If you then borrowed the remaining $308,000 at an interest rate of 4.5% p.a. on a 30-year loan term, your monthly repayments would be $1,560.59. The total cost to you over the life of the loan would be $561,812.67.

How is a mortgage broker paid?

Brokers get paid in commissions from lenders when they generate new business. Brokers receive an initial commission when a loan is taken out, plus a trailing commission that is calculated based on how much money is still owing on your loan each year.

Find out more about how mortgage brokers are paid

How does a mortgage broker work?

Under the National Consumer Credit Protection Act (NCCP), mortgage brokers have a duty of care to match you with a home loan that you will be capable of repaying without enduring financial hardship.

After assessing your financial situation and your borrowing needs, a mortgage broker can then offer you a selection of loans from a panel of lenders.

Check out our page on the broking process

Picture: The tulips are back by s13n1, licensed under Creative Commons Attribution-NonCommercial-ShareAlike 2.0 Generic (image cropped)

Was this content helpful to you? No  Yes

Related Posts

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

Ask a question