Find a Mortgage Broker in Melbourne

Get the money you need to buy your dream home in Melbourne with help from a local mortgage broker.Mortgage broker melbourne

Melbourne, the coastal capital of Victoria, is a city known around the world. Famous for everything from its coffee and fine dining to its obsession with sport, Melbourne regularly features on lists of the world’s most liveable cities.

More than 4.3 million people call the broader Melbourne area home. If you’d like to buy property in the region and you need to take out a home loan to do so, ask an experienced local mortgage broker to help. There are hundreds of brokers to choose from across Melbourne, so here’s how to find the right broker for you.

Which brokers have offices in Melbourne?

Rates last updated September 22nd, 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 in Melbourne

  • Smartline Personal Mortgage Advisers
  • Proper Finance
  • Citiwide Mortgage Services
  • Assertive Financial Group
  • Oak Laurel

What will a typical mortgage cost in Melbourne?

If you buy a property in Melbourne at the median dwelling price of $665,000, a 20% deposit would be $133,000. If you then borrowed the remaining purchase price of $532,000 at an interest rate of 4.50% p.a. on a 30-year loan, your monthly repayments would be $2,695.57. The total cost of the loan would be $970,403.71.

How is a mortgage broker paid?

Instead of receiving payments from borrowers, mortgage brokers are paid commissions from lenders when they attract new business for a lender. They receive an upfront commission when you take out a loan and a trailing commission every year that you still owe money on your mortgage.

Learn how mortgage brokers are paid

How does a mortgage broker work?

A mortgage broker can help you secure the financing you need to buy the property you want. After assessing your financial situation, a broker will present you with a choice of suitable loans from their panel of lenders. As part of this process, they have a duty of care to ensure that they match you with a loan that meets your borrowing needs.

Learn more about the mortgage broking process

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