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Mortgage Broker Melbourne

We are a Mortgage Broker based in Melbourne CBD offering financial services in home loans, commercial, asset and motor vehicle finance. We provide years of experience dealing with all types of circumstances and have access to products to assist with any situation.

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Mortgage Broker Melbourne

We are a Mortgage Broker based in Melbourne CBD offering financial services in home loans, commercial, asset and motor vehicle finance. We provide years of experience dealing with all types of circumstances and have access to products to assist with any situation.

Today's Most Competitive Interest Rates

Interest Rates Starting from

3.59%*

Comparison Rates from

4.47%*

WHAT DO MORTGAGE BROKERS DO?

Our mortgage brokers have years of experience dealing with many different scenarios and circumstances and understand that every application is different. On many occasions, we have clients come to us advising that they have been turned away from lenders thinking that they have no hope of fulfilling their dreams. Having access to over 30 different lenders, provides the ability to assist with any type of circumstances.

A good mortgage broker will sit down with you and get a good understanding of your situation. We will then research the lenders that we have available and provide several options to you. We will then go through the available options and assist you to decide which product best suits your needs.

Once a lender has been chosen, we will then complete the application paperwork with you, submit it to your lender and keep you updated with the progress. Once approved, we will contact your conveyancer and assist you with completing the loan documents and finalise everything ready for settlement.

A good mortgage broker should complete the entire process for you and make sure that it is a flawless experience that you will tell your friends and family about.

Mortgage Broker Melbourne CBD

Christopher Berry - Founder of Find A Better Rate

Free Mortgage Broker

OUR SERVICES ARE FREE

We do not charge any fees for our services. We receive a commission from the lender you proceed with, which is fully disclosed to you before proceeding with any of our available home loan products. Our aim is to save you money, time and negotiate with our available lenders to find the most competitive rate rather than simply accepting the standard rate on offer.

OUR SERVICES ARE FREE

We do not charge any fees for our services. We receive a commission from the lender you proceed with, which is fully disclosed to you before proceeding with any of our available home loan products. Our aim is to save you money, time and negotiate with our available lenders to find the most competitive rate rather than simply accepting the standard rate on offer.

MORTGAGE BROKER MELBOURNE

Take the hassle out of getting a home loan that is right for you with the most trustworthy mortgage brokers in Melbourne! We can break down the best mortgage and home loans around Melbourne that are catered towards your individual needs and circumstances, ensuring that you find the best deal on the market and have less stress during the process. Whether you want to refinance your home, refinance your mortgage or even just finding a mortgage advisor, we at Find A Better Rate pride ourselves on being with our clients through every step of the home loan application process. We are not just a home loan broker, but we are your trusted advisors who genuinely care about your needs, which is why we pride ourselves on being one of the best boutique Melbourne based brokers.

Mortgage Broker Melbourne

HOW TO REFINANCE YOUR HOME LOAN

If you are looking to refinance your home loan and have no idea where to start, we take all of the hard work out of the process by completing the end to end process and providing the most competitive options available in the market.

FIRST HOME BUYER LOANS

Are you a first home buyer that needs answers and a plan on buying your first home. Buying your first home can be a very daunting process but our Melbourne mortgage brokers can hold your hand and make it a much easier process.

LOW DOC HOME LOANS

Low Doc Home Loans offer self employed applicants the ability to provide less financial information and borrow money to purchase property. There are also options that give low doc applicants the ability to borrow on full doc guidelines and rates.

Frequently Asked Questions

HOW ARE MORTGAGE BROKERS PAID?

Mortgage brokers get paid an upfront commission by the bank as a one off payment for the research and sourcing of the loan. The upfront commission is a pre-determined percentage of the loan amount and each bank will pay slightly differently. The broker is also paid a trail commission. This is an ongoing percentage of the remaining balance of the loan (less any amount in an offset account).

WHY SHOULD I USE A BROKER FOR MY INVESTMENT PROPERTY?

A broker will have access to a number of different banks. They will be able to do all the research and leg work to obtain the best deal for the client and a home loan that adequately services the client’s needs. The broker will deal with the bank on behalf of the customer saving them both time and money.

SHOULD I CHOOSE FIXED OR VARIABLE INTEREST RATES?

This will depend on individual circumstances. If a client wants certainty of repayment then a fixed rate is a good option as they will be able to lock their repayments at a certain rate for a certain time frame. This can give comfort in knowing what the commitment will be and can be good in a rising interest rate market. Fixed rates are generally an inflexible product and will have restrictions on things like extra repayments on a home loan , ability to redraw or have an offset account against the fixed rate loan.

Variable rates will move with the fluctuations of the interest rate market, but you tend to have greater flexibility with these products, with the ability to have an offset account, make unlimited extra repayments and then redraw those extra repayments.

IS THE BROKER WILLING TO DISCLOSE HOW THEY GET PAID?

The broker needs to disclose the amount that they are being paid for arranging a loan for the client. They should also be forth coming with a list of the all of the selected banks commission rates.

DOES YOUR BROKER HAVE PROPERTY INVESTING EXPERIENCE?

If the brokers are an investor themselves they can have a better understanding of the structure that may suit the client and their future plans or goals in an investing sense. They will also know which banks have the best policy for certain situations and have an understanding of the different borrowing capacities with the different lenders and how to use this for the client’s best advantage.

IS THE PRODUCT WITH THE CHEAPEST INTEREST RATE THE BEST ONE?

Not necessarily. The first consideration should be how appropriate each product is for the client’s situation now as well as in the future. Flexibility of the product to change with the changing circumstances in a client’s life need to be taken into consideration. The upfront, ongoing and discharge fees also need to the considered. This will give a well-rounded product and will serve the client’s best needs for the current position as well as the future.

HOW CAN I AFFORD TO KEEP MY CURRENT PROPERTY AND PURCHASE ANOTHER?

This all comes down to cash flows and having an understanding of the events that will have an effect on cash flow into the future.

WHAT IS THE BEST INTEREST RATE I CAN BORROW MONEY AT?

Loans come in all shapes and sizes, with different costs and different features.  Choosing a Loan on the basis of Interest Rate alone means passing up the opportunity to consider all the other aspects of a Loan product which may be important to your ability to use the loan, not just for the immediate purchase, but as a tool to assist with your long term wealth building strategy.  When looked at from the broader perspective, Interest Rate becomes far less important when compared to other features and benefits, and how they contribute to helping you to manage your money and achieve your goal.

Address

Melbourne, VIC 3000

Phone

1300 992 260

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Christopher Berry -  Find A Better Rate is a credit representative (389328) of Find A Better Rate Home Loans ABN 32 170 846 529 (Australian Credit Licence 389328)

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