A Mortgage Broker acts as the middle man between you and the bank/lender. Their job is to find you the most suitable loan for your situation while offering expert advice. Using a Mortgage Broker can take the stress away from the entire loan application process as they work on your behalf.

Unlike the banks, a Mortgage Broker is able to offer you more lending options.

Rather than dealing with a bank who may only have 3 or 4 different products, a Mortgage Broker has over 200 products across 20 different banks who will have their own packages and niches.  A Mortgage Broker can also negotiate with the banks on your behalf to find you the best possible rate.

During the application, settlement and life of the loan it is not essential to meet with the bank you are lending from. A Mortgage Broker is a one stop shop.

Nothing! From the initial discussions through to the settlement of a loan, you do not need to pay a Mortgage Broker for their services.

Mortgage Brokers receive commission from the bank/lender. This will vary from lender to lender as well as depend on the size of the loan. Your Mortgage Broker should disclose this information to you

A variable rate changes in turn with the Reserve Bank of Australia (RBA) or when the bank sees fit. Usually a variable rate is slightly lower than a fixed rate. A fixed rate is a rate that you can lock in for anywhere between 1-10 years. Choosing a fixed rate will give you the sureness of what your repayments will be each month.

LVR means Loan to Value Ratio. LVR is the percentage of the loan compared to the property value. For example, a property valued at $500,000 with a loan of $400,000 would have an LVR of 80%. A property worth $800,000 with a loan of $400,000 would have an LVR of 50%.

LMI stands for Lenders Mortgage Insurance. This insurance covers the bank if for any reason you default on the loan. If your LVR is greater than 80% you are required to pay LMI. The cost of LMI varies depending on your LVR. The higher your LVR, the higher the premium will be.

One of the benefits of being a mobile Mortgage Broker is having the flexibility to be able to meet our clients inside and outside normal business hours. This also means we can meet with clients in different areas such as a local café, your home or our office.

Yes, we are a credit representative of the largest aggregator in Australia, Australian Finance Group (AFG). We are also a member of Finance Brokers Association of Australia (FBAA) and the Credit Ombudsman Service Limited (COSL).