How to spot the best mortgage broker
An expert Melbourne mortgage broker will help you find suitable lenders and financing options for your specific needs because no loan scenario is the same. They guide clients through the entire process of obtaining loans and refinancing, ensuring a smooth and informed experience.
We’ve put a list together of Melbourne’s best mortgage brokers. Here’s our criteria:
- More than 5 years in business
- Their average rating score must be 4.5 or higher
- They need more than 50 online reviews
- They have a strong team and aren’t solo brokers
- They specialise in specific suburbs in Melbourne
Financial transparency is also crucial, ensuring that clients are fully aware of all costs and fees associated with their mortgage.
OurTop10
Melbourne brokers we recommend
Use this curated list to find a professional broker who’s right for you. They’ll guide you through every step of the loan process, assisting you in navigating the complexities of securing a home loan and helping you secure the best interest rates and competitive rates available.
1. Soren Financial
- 5.0
100% loan application pass rate
Soren Financial
5.0 Stars on Rate My Agent
20+ years of lender partnerships
Soren Financial also specialises in helping clients secure loans from first home buyers to investment properties and building a property portfolio.
100% loan application pass rate
100% satisfaction guarantee
About
Soren Financial is a finance brokerage that has offices in both Sydney and Melbourne and specialises in home loans and brokerage. They emphasise financial transparency by providing a credit proposal disclosure document, which outlines the lender’s compensation following the settlement of a loan. In the years Soren Financial has been in operation, they have done a fantastic job to build trusted connections with all major banks and lenders in Australia and have been accredited by over 45 lending institutions.
Mansour Soltani’s team has also been certified by the Mortgage and Finance Association of Australia and the Australian Financial Complaints Authority. As one of the best mortgage brokers in Melbourne, they have been assisting clients by planning appropriate mortgage products / home loans for specific financial needs and connecting clients with experienced advisors in multiple sectors who can ease the purchase process and get first home buyers the right loan and proper finance.
Client experience
Contact information
Phone: 1300 899 819
Website: www.sorenfinancial.com
Address: Level 1, 401 Collins Street, Melbourne Australia
Hours: Monday to Friday, 9 AM to 6 PM
Current OfferFree 48-Hour Home Loan Review
Soren Financial will conduct your full home loan review within 48 hours. Discover the best offers delivered straight to your inbox.
2. Zanda Wealth
- 5.0
Five-star client reviews
Zanda Wealth
Founded as a sister company in 2014
Access to a vast network of over 100 lenders
Exceptional 5-star client reviews
A high rate of satisfied repeat clients
About
Zanda Wealth, established in 2014 alongside its sibling company, Zanda Finance (founded in 2006), has been dedicated to helping numerous clients achieve their financial objectives. With a focus on property investment and mortgage solutions, they’ve aided hundreds of individuals in securing their financial futures. Zanda Wealth also specialises in helping clients secure loans for investment properties and building a property portfolio.
The core mission of Zanda Wealth remains centered on working with everyday people, empowering them to escape the rat race through property investment and mortgage debt reduction. Zanda Wealth Mortgage Brokers offers services in mortgage broking, long-term financial planning, and property investment.
Austin, with a career spanning 16 years in the mortgage broking industry, embarked on this journey at the young age of 24 and swiftly ascended to a prominent position within one of Australia’s most esteemed broking firms.
Nine years ago, Austin took the bold step of establishing his own venture, Zanda Wealth Mortgage Brokers. Under his leadership, Zanda’s broking presence has witnessed substantial growth, propelling Austin to a position among the top 5 brokers in the state, as recognised by Connective. This remarkable achievement is a testament to the quantifiable results and, more importantly, the high levels of client satisfaction achieved.
Operating under a no-nonsense approach, Austin and Zanda Wealth Mortgage Brokers embrace the company ethos that revolves around the straightforward motto, “we’re here to get the job done,” while securing competitive rates for their clients. Austin places great emphasis on providing clients with accurate information.
Services
- First Home Buyers
- Refinancing
- Investment Loans
- Constructions Loans
- Property Investing
- Future Planning
- Bridging Loans
- Home Renovation Loans
- Mortgage Insurance
Client experience
Contact information
Phone: 1300 000 919
Website: www.zandawealth.com.au
Address: Level 8, 350 Collins Street, Melbourne VIC 3000
Hours: Monday to Friday, from 9:00AM to 5:00PM
3. Roar Capital
- 5.0
100% loan application pass rate
Roar Capital
Why Choose Us
• 100% approval rates
• Rated 5 Stars on Google
• 45+ lenders to choose from
• One of the fastest turnaround times in industry
• Expert mortgage brokers to assist clients in finding suitable home and commercial property loans
We’re passionate about helping individuals and investors achieve financial growth, and our team of expert brokers is dedicated to delivering results and securing competitive rates every single day!
About
At Roar Capital, our aim is to help every Australian to confidently purchase their next property. We specialise in assisting clients to secure loans for investment properties and develop strategies for building a property portfolio. Whether you’re a first home buyer, ambitious first-time property investor or looking to expand your growing portfolio, we have the expertise to meet your unique needs. With access to an extensive network of over 40 banks and lenders, we focus on crafting tailored lending solutions, whether for your home or investment property. We’re passionate about helping individuals and investors achieve financial growth, and our team of expert brokers is dedicated to delivering results every single day!
Client experience
Contact information
Phone: 0407 345 330
Website: www.roarcapital.com.au
Address: 1/225 Pacific Highway, North Sydney, 2060
Hours: Mon-Fri 9am-6pm
Current Offer - Free Financial health check
Roar Capital will assess whether your home loan is in good health. We will diagnose and treat financial issues before they become costly – all within 48 hours!
4. Loanscope
- 5.0
Multi-award winning broker
Loanscope
(Our Top Pick)
Multiple awards
15+ years experience
About
Loanscope, a leading entity in Melbourne’s finance broking sector, distinguishes itself by providing tailored loans, expert guidance, and outstanding service at competitive rates. With a vast network of over 30 lenders, Loanscope streamlines the lending process, boasting a remarkable approval track record while consistently prioritising clients’ best interests. Loanscope also guides clients through the implications of lenders mortgage insurance and helps them navigate this aspect of the mortgage process. Situated conveniently in St Kilda Road, they offer flexible after-hours appointments and proudly hold membership in the Finance Brokers Association of Australia.
As a reputable finance brokerage, Loanscope cultivates robust alliances with major banks, non-bank lenders, and non-conforming lenders. They grant access to a diverse array of home loan packages, aligning their expertise with clients’ current and future financial requirements. Furthermore, Loanscope facilitates connections with trustworthy conveyancers, accountants, financial planners, and other professionals to augment their comprehensive service.
Emmanuel Guignard (MBA) – Director & Principal Mortgage Broker
Awards and achievements
- Founded Loanscope in 2015 with a focus on customer service and lasting client relationships.
- Over 5 years of experience as a relationship manager with CBA & Bank of Melbourne.
- Recognised the value of professional, customer-focused mortgage brokers in the Australian market. Entered the mortgage broking industry in 2012 and established Loanscope in 2015.
- Dedicated to delivering exceptional customer experiences for property investors.
- Takes a personalised approach, understanding each client’s unique situation.
- Loanscope assists clients in reducing monthly repayments by providing tailored financial guidance and accessing competitive loan rates.
- Collaboratively educates and guides clients through the lending process, offering expert recommendations.
- Leads the Loanscope broking team and works with clients, including first-time buyers and seasoned investors.
- Specialises in complex applications involving trusts, company structures, and self-managed super funds.
- Known for providing tailored lending solutions for medical and white-collar professionals.
- Boasts 15+ years of finance industry experience and holds an MBA in Financial Planning from Deakin University.
- Qualified mentor in the FBBA mentor program, supporting fellow mortgage brokers.
- Well-equipped to offer exceptional mortgage broking services.
Services
- Home Loan Brokers
- Investment Property Loans
- Home Loans for Doctors
- Home Loans for Lawyers
- Home Loan Refinancing
- Bridging Loans
- First Home Buyer Loans
- Renovation Home Loans
- Commercial loans
- Mortgage Insurance
Client experience
Contact information
Phone: 03 9988 1818
Website: www.loanscope.com.au
Address: Suite 721 (Lev7), St Kilda Rd Towers, 1 Queens Road, Melbourne Vic 3004
Hours: Monday to Friday: 10 AM–8 PM / Saturday: 10 AM–4 PM
5. Axton Finance
- 4.6
Award-winning mortgage advisor service
Axton Finance
About
Founded by Clinton Waters, Axton Finance has helped people in Melbourne find mortgages and finance for more than a decade. Axton Finance guides clients through the entire process of obtaining loans and refinancing, ensuring they feel informed and comfortable as they navigate crucial decisions with financial transparency. With an expert team of mortgage and credit experts who are ASIC-licensed credit agents and full members of the Mortgage & Finance Association of Australia (MFAA), Axton Finance has access to over 25 bank and non-bank lenders, including the four major banks. Even after a loan is settled, Axton Finance is available to support the home owner.
Their reputation as a good mortgage broker is proven also by having a network of trusted partner services, from accountants and financial planners to buyer’s advocates, and property pre purchase inspections, especially for first home buyers who may not have access to such networks required for a property purchase. Other than first home buyer loans, they also specialise in construction and renovation loans, and investment property and commercial lending.
Client experience
Contact information
Phone: 03 9939 7576
Fill in their enquiry form here
Website: www.axtonfinance.com.au
Address: 114 Auburn Rd Hawthorn VIC 3122
Hours: Monday to Thursday: 8:30 AM–8 PM / Friday: 8:30 AM–6 PM
6. Blutin Finance
- 4.6
Award-winning mortgage advisor service
Blutin Finance
About
A boutique mortgage broker based in Melbourne, Blutin Finance is dedicated to finding the most suitable loan solution for your needs, be it for your home loan, your investment property, commercial property, or your business. Blutin Finance guides clients through the entire process of obtaining loans and refinancing, ensuring a smooth and informed experience with financial transparency. Blutin Finance is authorised under their Australian Credit Licence.
Having expertise in financial services, Blutin Finance is able to provide you with an experience that is seamless and transparent. Their finance and mortgage broking team takes the time to understand your individual finance needs. They assist you to take advantage of the most competitive loan options and are with you along the entire selection process. Their experience is not relegated to just home loans, but they also specialise in assisting clients with business loan products for business owners and entrepreneurs.
Client experience
Contact information
Phone: 1300 188 808 or 0435 916 755
Website: www.blutin.com.au
Address:14/330 Collins St, Melbourne VIC 3000
Hours: Monday to Friday: 8:30 AM–6 PM
7. Mortgage Choice
- 4.6
Award-winning mortgage advisor service
Mortgage Choice
About
As one of the biggest mortgage brokers in Melbourne, Mortgage Choice has been helping people purchase homes or start businesses for 30 years. Their network of local mortgage brokers they partner with, impart their home loan expertise with customers and offer financing solutions that are tailored to their unique needs.
A wide variety of home loan products are available through Mortgage Choice brokers, including mortgages from the Big 4 banks, and boutique offerings tailored to specific needs. Other than personal loans, they also assist with commercial loans, asset finance and general insurance.
Client experience
Contact information
Phone: 13 77 62
Website: www.mortgagechoice.com.au
Address: Ground Floor, 469 La Trobe St, Melbourne VIC 3000
Hours: Monday to Friday, 9 AM to 5 PM
8. Proper Finance
- 4.6
Award-winning mortgage advisor service
Proper Finance
About
Specialising in investment loans, commercial loans, asset finance, and home loans for first home buyers, Proper Finance has expert knowledge of the constant changes in lending policies and interest rates from the Reserve Bank of Australia (RBA) and can help you compare mortgages from their network of lenders. They also have expertise in helping clients secure loans for investment properties and building a property portfolio.
They have a team of financial advisors who understand the lending industry and find suitable loans that are tailored to fit your current financial circumstances and needs.
With many years of experience in finance and professional mortgage broking, Proper Finance can find the best loan and make the process as simple and as transparent as possible, all while securing competitive rates.
Client experience
Contact information
Phone: 03 8620 9099
Fill in their contact form here
Website: www.properfinance.com.au
Address: Level 21, 567 Collins St, Melbourne, VIC 3000
Hours: Monday to Friday, 9 AM to 5 PM
9. What If We Finance
- 4.6
Award-winning mortgage advisor service
What If We Finance
About
As one of the best Melbourne mortgage brokers we vetted for this list, What If We Finance delivers customised financial solutions with a proven track record in helping clients acquire the property of their dreams, with a range of mortgage options with the best interest rates. They guide clients through the entire process of obtaining loans and refinancing, ensuring a smooth and informed experience.
As an independent mortgage broker, they help with all types of financial planning, be it first home buyers, property investment, existing mortgage, expert advice, or the whole loan application process. As a good mortgage broker with great online customer feedback, their expertise lies in finding a lender to finance a client’s purchase and help them with the whole process of the mortgage requirements. If you are looking for one of the best mortgage brokers in Melbourne, you can be sure to get access to the best interest rate, with a huge lender panel and competitive rates.
Client experience
Contact information
Phone: 03 8804 1354
Chat with an independent mortgage broker online or fill in the enquiry form
Website: www.melbournemortgage.com.au
Address: Level 14/333 Collins St, Melbourne VIC 3000
Hours: 7 days a week from 8.30 AM to 9.30 PM, including public holidays.
10. Mortgage Broker Melbourne
- 4.6
Award-winning mortgage advisor service
Mortgage Broker Melbourne
About
Since 1999, Mortgage Broker Melbourne has been operating in the Melbourne CBD and surrounding suburbs. They guide clients through the entire process of obtaining loans and refinancing, ensuring a smooth and informed experience. As one of the highest rated mortgage broker Melbourne has to offer, all their mortgage consultants are certified and are accredited members of the Mortgage and Finance Association of Australia (MFAA), ensuring competitive rates.
Mortgage Broker Melbourne is a flexible, boutique Melbourne business that can be reached via mobile phone or at a number of convenient CBD locations.
Client experience
Contact information
Phone: 1800 111 626
Website: www.mortgagebrokermelbourne.net.au
Address: 11/456 Lonsdale St Melbourne VIC 3000
Hours: Monday to Friday, 9 AM to 9 PM
Why Choose a Mortgage Broker in Melbourne?
Navigating the Melbourne property market and the complexities of the mortgage process can feel overwhelming for home buyers and property investors alike. A mortgage broker serves as your trusted partner, offering tailored mortgage solutions to meet your unique financial situation. Whether you’re a first-time buyer, seeking investment loans, or exploring options like SMSF lending, a finance broker in Melbourne provides access to the best deals across a diverse lender panel, ensuring competitive rates.
Benefits of Working with a
Melbourne Mortgage Broker
Choosing the right mortgage broker offers a wide range of benefits:
Access to a Broad Range of Loan Products: Melbourne mortgage brokers collaborate with numerous lenders, including major banks and boutique institutions, giving you access to a wide variety of home loan products, car loans, personal loans, and more.
Expert Guidance Throughout the Buying Process: A broker in Melbourne simplifies the entire home loan application process, helping you compare finance options and choose the right loan for your needs.
Time-Saving Convenience: Brokers handle everything, from finding competitive interest rates to managing the settlement process, so you can focus on your homeownership goals.
Competitive Rates and Flexible Terms: Thanks to their strong relationships with lenders, brokers often negotiate competitive rates and terms tailored to your specific mortgage needs.
Personalised Service for Client Satisfaction: Melbourne brokers pride themselves on delivering exceptional personalised service, ensuring you enjoy a seamless experience from start to finish.
Whether you’re purchasing a family home, expanding your investment portfolio, or seeking solutions as a self-employed individual, a mortgage broker in Melbourne can help you navigate the finance industry, secure a home loan deal, and achieve your financial goals.
The Mortgage Broker Process
The mortgage broker process involves several key steps designed to simplify your journey toward securing a home loan or other financing solutions:
1. Initial Consultation: Your mortgage broker will meet with you to understand your financial goals, current financial situation, and specific needs.
2. Exploring Loan Options: They will present a tailored range of loan options, including competitive interest rates, loan terms, and conditions, from a diverse lender panel, ensuring competitive rates.
3. Loan Application: Your broker will guide you through the loan application process, ensuring all necessary documentation is completed accurately and on time.
4. Loan Approval: They will liaise with the lender to achieve loan approval, keeping you informed throughout the process.
5. Settlement: Your mortgage broker will coordinate the final steps to ensure a smooth settlement process, helping you secure your property purchase.
Specialised Mortgage Services in Melbourne
Mortgage brokers in Melbourne offer a wide range of specialised services to suit different borrower needs. Whether you’re purchasing a family home, expanding your investment portfolio, or seeking solutions as a self-employed individual, a mortgage broker in Melbourne can help you navigate the finance industry, secure a home loan deal, and achieve your financial goals with competitive rates.
Investment Property Loans:
Tailored options for investors looking to purchase or refinance an investment property as part of their portfolio.
Home Loan Refinancing:
Assistance for homeowners aiming to refinance their existing home loan to secure a better deal or more favourable terms.
Business Loans:
Support for business owners seeking finance to purchase or refinance commercial properties or grow their enterprises.
SMSF Loans:
Solutions for self-managed super fund trustees looking to purchase or refinance an investment property using their SMSF.
Submit one inquiry to all of OurTop10 brokers
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5 FAQs for The Best Mortgage Brokers in Melbourne
1. What does a mortgage broker in Melbourne do?
A mortgage broker Melbourne specialist helps home buyers and property investors compare home loan options from different banks and lenders. They assess your financial situation, provide credit advice, and guide you through the loan application process to secure the best deal with competitive rates.
2. How do I choose a good mortgage broker in Melbourne?
A good mortgage broker should be accredited with the Mortgage and Finance Association, offer expert advice, and provide a personalised service tailored to your financial goals. Look for brokers who are independent mortgage brokers, meaning they work with multiple lenders to find the right loan for you.
3. Do mortgage brokers in Melbourne charge fees?
Most expert mortgage brokers offer a free consultation and their services are often completely free for borrowers. They are paid commissions by lenders, but under credit guide and credit proposal disclosure document regulations, they must act in your best interests and fully disclose any commissions.
4. Can a mortgage broker help with investment properties and refinancing?
Yes! A Melbourne mortgage broker can assist with property investment, including investment properties, commercial property, and refinancing. They compare mortgage options, help you secure lower interest rates, and provide ongoing support throughout the whole process.
5. What is Lenders Mortgage Insurance (LMI), and do I need it?
Lenders Mortgage Insurance (LMI) is required if your deposit is less than 20% of the property purchase price. A mortgage broker can advise on strategies to reduce or avoid LMI, such as using a particular lender that offers competitive mortgage solutions for first home buyers or boutique Melbourne business owners.
