A trusted and experienced mortgage broker can help you find the home loan you need to buy a property in Brisbane.
As the capital of the "sunshine state", Brisbane offers a relaxed lifestyle and a warm climate that make it a wonderful place to live. Founded on the banks of the Brisbane River, the city has a population of 2.3 million people, making it the third most populous city in Australia.
If you need financing to help you buy a property in Brisbane, an experienced local mortgage broker can help you find a home loan that matches all your borrowing requirements.
Which brokers have offices in Brisbane?
- Mortgage Choice
- Loan Market
- North Brisbane Home Loans
- Blackk Finance
- Mortgage Broker Alliance
- Smartline Personal Mortgage Advisers
- Zar Mortgage Brokers
- 1300 Home Loan
What will a typical mortgage cost in Brisbane?
The median dwelling price in Brisbane is $490,000. If you saved a 20% deposit of $98,000 and borrowed the remaining $392,000 at 4.50% interest for 30 years, your monthly home loan repayment would be $1,986.21. The total cost of the loan over the 30-year term would be $715,034.31.
How is a mortgage broker paid?
Mortgage brokers are usually paid in commissions from lenders. They receive an upfront commission when you take out a loan and a recurring commission each year you are still repaying the loan.
How does a mortgage broker work?
A mortgage broker has a duty of care to help you find a loan that is suitable for your financial needs. After assessing your financial situation and how much you can reasonably afford to borrow, a broker will present you with a selection of suitable loans from their panel of lenders.