A simple way to find a mortgage broker in Townsville

Find an experienced mortgage broker to help you find the right home loan to buy property in Townsville.Mortgage Broker Townsville Feature Image

As a gateway to the World Heritage-listed Great Barrier Reef and located on the north-eastern coast of Queensland, Townsville attracts tourists from across Australia and the world.

Townsville is Australia’s largest urban centre north of the Sunshine Coast and with a tropical climate and an increasing cosmopolitan lifestyle, it’s a great place to live for many.

If you need a home loan to purchase a house, apartment or unit in Townsville, the best thing you can do is find an experienced mortgage broker.

Which brokers have offices in Townsville?

Rates last updated May 24th, 2018
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 22 lenders Enquire Now More info
Yellow Brick Road
Yellow Brick Road
Yellow Brick Road has over 40 lenders on their panel, as well as their own competitive home loans. 40+ lenders Enquire Now More info
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

Other Townsville brokers

  • Mortgage Choice Townsville
  • Townsville Finance Brokers
  • Loan Market
  • All Finanz Solutions
  • Heart Financial
  • AAA+ Financial Solutions
  • Green Light Home Loans
  • Huggable Home Loans
  • Money Stuff

How much will a mortgage cost in Townsville?

If you bought a house in Townsville at the median price of $337,000, a 20% deposit would be $67,400. If you borrowed the remaining $269,600 at 4.50% interest for a loan term of 30 years, your monthly repayments would be $1,366.02 and the total cost of the loan would be $491,768.49.

How is a mortgage broker paid?

Generally brokers receive an upfront commission when the loan is taken out and a recurring commission based on the outstanding loan amount each year.

Brokers also have to pay a clawback commission fee to the lender if you opt to refinance your home loan with another financial institution.

Find out about how mortgage brokers are paid

How does a mortgage broker work?

The first thing a mortgage broker will do is assess your financial situation and your home loan requirements. After taking these factors into account, a broker can then present you with a range of suitable mortgage choices, which they are able to access from a panel of lenders through an aggregator.

Read more about the mortgage broking process

Picture: Riverway lagoons and Ross River View by jojo, licensed under Creative Commons Attribution-NonCommercial-ShareAlike 2.0 Generic (image cropped)

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