Save with balance transfers, 0% deals & platinum perks exclusive to finder
Compare cards

How to find a mortgage broker in Parramatta

Find an experienced mortgage broker who can help you find the right home loan to buy a property in Parramatta.Mortgage Broker Parramatta Feature 2

Located in western Sydney, approximately 23km from the Sydney CBD, Parramatta boasts a busy business and retail district. As one of four cities in the Sydney metropolitan area, Parramatta has a population of almost 20,000 people.

If you’d like to live or invest in this area of Sydney and you need a home loan to help you do so, an experienced mortgage broker can help.

Which brokers have offices in Parramatta?

Rates last updated July 26th, 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
Finsure
Finsure
Finsure has loan offers from over 35 lenders, including major brands, and will work to find a home loan that suits your property needs. Over 35 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
iConnect
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
  • 1300 Home Loan
  • eChoice
  • Assured Lending Mortgage Brokers
  • ARMI Finance
  • Mortgage and Asset Management Group
  • Two Red Shoes Mortgage Broker
  • Citywide Lending Parramatta
  • Sydney Home Loans

What will a typical mortgage cost in Parramatta?

If you wanted to purchase a house in Parramatta at the median price of $1,120,000, a 20% deposit would be $224,000. If you then borrowed the remaining $896,000 at 4.5% p.a. on a 30-year loan term, your monthly repayment amount will be $4,539.90 and the total cost of the loan would be $1,634,364.14.

How is a mortgage broker paid?

Mortgage brokers are paid commissions by lenders for generating new business. They receive an upfront commission when you take out a loan and a trailing commission each year based on the amount you still owe.

Our guide to how mortgage brokers are paid

How does a mortgage broker work?

The first thing a mortgage broker will do is assess your income, your overall financial situation and how much money you want to borrow. They can then offer you a selection of suitable loans from their panel of lenders and help you choose the one that’s right for you.

Get detailed explanation of how the broking process works


Picture: Parramatta June 2014 by Mertie, licensed under Creative Commons Attribution 2.0 Generic (image cropped)

Was this content helpful to you? No  Yes

Related Posts

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
feedback