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Mortgage Broker Melbourne

Mortgage Broker Melbourne Questions & Answers

4.9 from 143 reviews

23 questions from our users

Hi My name is anita I am working in Canberra in nursing home and my husband works in Melbourne I was also in Melbourne just moved last year .my land in Melbourne need a loan for land .went to bank they said it’s hard to get approval .is there any chance? Thankyou
1 answer
Hi Anita, Thanks for your enquiry! We'd be delighted to assist but would need to gather a bit more information if that's OK? Could you please email me at info@mortgagebrokermelbourne.net.au and I can send you our quick fact find questionnaire? Best Regards, Marc Barlow.

Hi Looking at buying a home within the next 6 months My husband and i would like to know how much we can borrow? Deposit needed ? Thanks Kathleen
1 answer
Hi Kathleen, Thanks for your enquiry, we'd be delighted to assist! Could you please email info@mortgagebrokermelbourne.net.au so we can help answer your questions and guide you through the process? Cheers! Marc

Hi there does your service also do refinancing services in Brisbane?
1 answer
Hi Tom, absolutely we can! Please call 1800 111 626 and we can start the ball rolling.

I'm wondering if its possible to still get a home loan if I don't have a job at the moment but have a deposit for 50%?
1 answer
Hi Rani, thanks for your enquiry! It is important you are able to afford repayments on the loan so an income will be required, otherwise you risk losing your deposit. We’d be happy to look into this further for you, please email info@mortgagebrokermelbourne.net.au and we can send you our responsible lending questionnaire. Merry Christmas!

Hi there I would like to purchase an apartment in docklands I have a property with my brother but he doesn't want to buy. Is this still possible I do work full time?
1 answer
Hi Sonya, Thanks for your enquiry, we'd be delighted to assist! To properly advise you though, we need to gather some more information if that's OK? Can I send you a link to our secure, online responsible lending questionnaire? (If so, please email me at info@mortgagebrokermelbourne.net.au and I'll reply with the link and we can get started)

HI, I need to obtain a loan for a soon to be completed apartment in West Brunswick. i am a non Resident and am based in Singapore. Kindly advise if I could obtain a loan? Thank you Jeffrey
1 answer
Hi Jeff, thanks for your enquiry, we'd be delighted to assist if we can. There are a number of factors that determine eligibility so we have put together a fact find questionnaire which helps us properly analyze your scenario. Can you please email me at marc@mortgagebrokermelbourne.net.au and I will reply with a secure link? Cheers! Marc

Hi, I've just hit my second year of self employment, am I able to book or receive some information in regards to what I need to apply for an investment prop or first home buyer loan? A rough estimate on what I would be looking for would be a 300k loan. Currently have 15k deposit saved, with a before tax of 80k earnings. Am I able to enter the field or should I come back once I have a larger deposit. Any help would be greatly appreciated as I've herd nothing but great things about you guys. Thanks.
2 answers
Hi Alan, thanks for your enquiry! We'd love to chat to you because there is a bit more info we would gather before we could properly advise. Could you give us a call on 1800 111 626? Grace would send you a link to our responsible lending questionnaire to get the ball rolling. Cheers! MarcHello Alan, Grace here from Mortgage Broker Melbourne. further to your query above, banks have two main criteria when assessing a loan. One being that you can afford the loan based on your income. I have done a very brief servicing with the information you have provided above, and borrowing capacity for a $300K purchase is evident, which is great news. The second criteria banks will look at is that you are not borrowing more than 95% of the value of the property your are purchasing. With a $15K deposit this barely scrapes through at 95%. the other thing to consider is that when you borrow more than 80% of the value of any property an Insurance is payable to lenders and this is called Lenders Mortgage Insurance. This unfortunately cannot be waived and is added to the loan in most cases, so once we add the mortgage insurance which is approximately $8500 this takes the overall lending to 98%. in this case you would need to save a further $8500 to cover the insurance cost. you are almost there which is great news! Alan, my number is 0434 266 411 please call me at any time, should you have further queries, and please feel free to contact me directly once you have the further funds saved and I will ensure one of your experienced brokers contact you to help guide you through the process. have a fantastic day regards. Grace Macca-Chiodo Mortgage Broker Melbourne 0434 266 411

Hi Marc I am looking for a propert in Morwell and was after a loan. Can you please help me get a good broker which can help me get a Lao. Around $150000. Regards Vicky
1 answer
Hi Vicky, thanks for your enquiry, we'd be delighted to assist. Could you please call 1800 111 626 and ask for Grace? She will be able to match you with one of our many experienced brokers. Cheers! Marc

Do you come out to clients homes?
1 answer
Hi Anne, yes we do visit clients at their convenience and we have several brokers so we cover most areas. Feel free to email me directly to tee up an appt, marc@mortgagebrokermelbourne.net.au

Hi Mark you seem to have a lot of good reviews. Would you be able to help me in buying my first home. I am self employed so on my tax return shows low income $40000 would you be able to add depreciation and expenses as income? I am living in Brisbane and it's very hard to find a reliable broker. Would be looking to buy a house around between $300000 and $340000. Cheers Anthony
1 answer
Hi Anthony, Thanks for your enquiry! I have responded to the email that you sent to me. Cheers! Marc

Hi I am looking to buy in Melbourne and we ave our house in Ballarat for sale which could sell anytime soon. We looking to put 60% deposit all up when sold but we already have cash for a 10% deposit for a house valued around 700K to put in now. I am looking at finance for the loan with a 60% deposit and the rest financed. Can you help me Marc? Tim
1 answer
Hi Tim, Thanks for your enquiry! Could you please email me so we can connect? marc@mortgagebrokermelbourne.net.au

Was looking at buying an apartment in Travancore to live in. Looking at $300,000 -$350,000 . Wanted to try and get a good mortgage deal and also want to find out how quickly I could get it?
1 answer
Hi Bill, Thanks for your enquiry! I'd be happy to assist. I'm sure you appreciate the need for me to gather some information from you, could you email me directly so I can send our quick responsible lending questionnaire? marc@mortgagebrokermelbourne.net.au

Hi there, I'm looking to buy an investment property which is only 48m2 . The price is expected around 320k . Can you help me get a loan at a good rate , with an offset account quick ? Cheers
1 answer
Hi Raf, Thanks for your enquiry! I'd be happy to assist, could you email me at marc@mortgagebrokermelbourne.net.au so we can get the ball rolling? Cheers! Marc

Gday I'm enquiring on two fronts..a contract to sell my property at 1494 Upper Esk Rd, Upper Esk .Tasmania,7214( ...the agreed price was $260,000.was signed..The purchaser,Elisha Bogey from Beaudesert in QLD,had her ANZ loan approved ,subject to valuation, The valuation came in at $210,000,so the bank agreed on principle, to lend her the $210000 if she stumped up the difference, which she did.The bank was willing to accept her parent's,1 million dollar property at Biddabbada.. as security. Elisha heard last week that the revised loan was not approved by the ANZ Melbourne Office.. I also have an existing ANZ mortgage on Upper Esk, with a balance of $88000..Ive had discussions with my local ANZ bank about a security swap,Upper Esk for the property I am committed to buy here in Penguin {28 Mission Hill Rd , Penguin,Tas.. 7316} for $250,000..I'm wanting to increase my mortgage to $113,000 OK ..my question..Can you find a loan for Elisha and or me? Regards Peter Kaye..
1 answer
Hi Peter, thanks for your enquiry but I am only able to assist clients in Melbourne. Have you tried to find someone local? Cheers! Marc

Hello, My name is Vanessa and I'm a first home buyer looking to occupy not invest. Currently looking to get a loan for a house I purchase back in April 2015 off the plan. Settlement due Oct-Dec 2016. Can you help? Thanks Vanessa.
1 answer
Hi Vanessa, I'd be happy to assist! I wonder if you could email me at marc@mortgagebrokermelbourne.net.au so we can tee up a time to have a chat? Have a great weekend! Marc

Hi! My partner and I currently reside in London but we're looking to move back to Melbourne next year. We are thinking we want to purchase our first investment, would you be able to help us with this request and walk us through the options? We are both very new to all of this and we are looking for someone to help us along the entire journey as we know it can be very daunting. Thanks, Rose
1 answer
Thanks for your enquiry Rose! I'd be happy to assist. Can I ask you to send me an email, so I can forward our responsible lending fact find questionnaire to you please? My email is marc@mortgagebrokermelbourne.net.au

We want to look at combining our credit cards car loans onto home mortgage. We want the best solution on offer. At moment home loan is $335000 other debt approx total $60000. We live in Williams landing owned home now 5 years approx value of home $550000. Is this possible? Home loan with Westpac. Bonnie 0417 511 359
1 answer
Hi Bonnie, Thanks for your enquiry. I will call you on your mobile today. Cheers! Marc Barlow, Mortgage Broker Melbourne

Hi there, I have an offset loan and have finished the interest only 5 year term and got quite a shock at the cost of my loan - I owe 170,000 and have 130,000 avalable - I'm not sure whether the repayments are based on the total available money or just the borrowed amount. My monthly repayments are around 1,677.00. this seems a lot considering I've only used 170,000. If it is based on the total available, then am I better off with a smaller loan?
1 answer
Hi Chris, Thanks for your question! Without having arranged the loan I can't be absolutely certain but it sounds to me like your loan repayments are based on the original loan amount rather than what is actually owing. To reduce your min repayment you would need pay the loan down with your offset funds and refinance a smaller loan balance. If you need to retain access to your offset funds you are stuck making higher repayments but you can take some solace in the fact more of your repayment is principal so you would be paying the loan off at an accelerated rate. Does that help? Best Regards, Marc Barlow, Principal, Mortgage Broker Melbourne.

Hi! I have a similar question to Harkeerat. I have a loan of $200,000 and wish to look for better rates to get out of the lender I am with and brokers costs and settlement with a new lender they have found is going to cost $2400.00 just to get better rates. Is there a better deal out there? Currently on slip loan variable at 5.03% and fixed on 5.29%. Mary
1 answer
Hi Mary, Thanks for your enquiry! Unfortunately fixed rate loans do often have hefty break costs, which are actually charged by the lender you would potentially be moving from. It is probably best to wait until your fixed term ends, then you're free to look elsewhere without penalty.

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