Best Mortgage Brokers in Melbourne

Word of Mouth Mortgage Brokers in Melbourne receive an average rating of 5.0 based off 2455 reviews.
star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 43 102 271 778
Licence image Credit Licence No. 520262
star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 43 102 271 778
Licence image Credit Licence No. 520262
5.0 244 reviews ·    1300 765... Click to show ·     (Saturday:  8.30AM to 1PM)  
shield icon 25 years of experience in the financial sector
shield icon Mortgage and Finance Association Australia member
shield icon Diploma in Financial Services (Mortgage Broking)

“Big thanks to the team, your support and assistance in every step of our first home project was amazing! A very dedicated, professional and passioned”…

star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 88 120 513 537
Licence image Credit Licence No. 389328
star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 88 120 513 537
Licence image Credit Licence No. 389328
5.0 210 reviews ·    (03)9118... Click to show ·     (Saturday:  Closed)  
shield icon Extensive network of 100+ lenders
shield icon Complimentary strategy sessions
shield icon 20+ years industry experience

“Best mortgage broker around, will be recommending Michael from Zanda Wealth Mortgage Brokers to all my friends & family”…

star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 72 911 794 625
Licence image Credit Licence No. 389609
5.0 209 reviews ·    Melbourne VIC ·    03 8804 ... Click to show ·     (Saturday:  8:30am to 9:30pm)  
shield icon Access to 40+ lenders and 2000+ loans
shield icon 20+ years of expericence
shield icon 100% independent

Special Offer Icon Special Offer - $350 for you when you choose us!…

Refer a friend to What If We Finance and when they take out their home loan receive $250 cash. If you successfully take out your home loan with What If We Finance we will give you $350. So, for the .... See details

“Highly recommend spiro, he made the process so quick and easy, thank you for assisting us in buying our first home you truly are a gem! ”…

star icon Featured
award badge icon 2023 Award Winner
check icon ABN: 31 628 111 106
Licence image Credit Representative No. 511410
star icon Featured
award badge icon 2023 Award Winner
check icon ABN: 31 628 111 106
Licence image Credit Representative No. 511410
5.0 117 reviews ·    Melbourne VIC ·    0435 916... Click to show ·     (Saturday:  9:00am to 1:00pm)  
shield icon MFAA member
shield icon 30+ lender panel
shield icon Zoom consultations available

Special Offer Icon Special Offer - Up to $4000 cashback …

Up to $4000 cashback .... See details

“Nojan has been an absolute lifesaver throughout our home buying adventure. From guiding us through the difficulties of securing our home loan to”…

star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 89 105 230 019
Licence image Credit Licence No. 390222
5.0 298 reviews ·    Melbourne VIC ·    0408 206... Click to show ·     (Saturday:  10am - 3pm)  
shield icon Service Award winner for 10 years in a row
shield icon Access to over 60 lenders to get the best deal
shield icon Over 24 years of financial experience

“Highly recommend Sandra.. she went above and beyond to secure me my dream. Thank you ”…

shield icon Featured expert on ABC24 news channel
shield icon Word of Mouth Service Award winner (2012-2023)
shield icon Fixed cost pricing (no hourly rates)

Special Offer Icon Special Offer - Comprehensive Financial Planning Strategy Session (V…

Fortune Wealth Creation Group is an award-winning boutique financial planning firm. We aim to build long-term relationships with clients who are serious about their financial future. Call: 03 8648 .... See details

“We met Rashesh many years ago and found him to be very professional and knowledgeable. We met recently again and were once again very pleased with”…

star icon Featured
award badge icon 2023 Award Winner
check icon ABN: 96 094 883 235
Licence image Credit Representative No. 495859
star icon Featured
award badge icon 2023 Award Winner
check icon ABN: 96 094 883 235
Licence image Credit Representative No. 495859
5.0 77 reviews ·    Melbourne VIC ·    1800 111... Click to show ·     (Saturday:  Not Provided)  

“Smooth and hustle-free re-finance process. Will go to Maurizio and his team again. Thank you!”…

star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 89 105 230 019
Licence image Credit Licence No. 390222
star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 89 105 230 019
Licence image Credit Licence No. 390222
5.0 227 reviews ·    Melbourne VIC ·    0423 522... Click to show ·     (Saturday:  Not Provided)  
shield icon 60+ lender panel
shield icon 10+ years industry experience
shield icon 4 support staff

“Thank you very much to Jarryd and the team for guiding us through our home buying journey and for getting us a great loan, we appreciate all your help”…

shield icon CPA qualified accountants
shield icon 30+ years combined industry experience
shield icon 2 convenient office locations within Melbourne

“I'd highly recommend Honest & Young to any small business who are not just looking for an accountant, but a partner to join them on their business”…

star icon Featured
check icon ABN: 71 264 348 757
Licence image Credit Representative No. 435124
5.0 63 reviews ·    Clifton Hill VIC ·    9000... Click to show ·     (Saturday:  Not Provided)  
shield icon 18 years of finance industry experience
shield icon FBAA member (M-324628)
shield icon AFCA member (member number 47207)

“We were so glad that someone recommended Ian to us because he made a very complicated process very easy. Ian was really thorough, friendly and”…

star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 95 168 135 564
5.0 252 reviews ·    South Morang VIC ·    03 9404 ... Click to show ·     (Saturday:  9:00am to 7:30pm)  
shield icon Access to over 30 financial institutions
shield icon Basic tax preparation fee only $110
shield icon Prioritising integrity, honesty and transparency

Special Offer Icon Special Offer - Tax Return Fees 50% off Normal Price $125.00…

Offer ends 31/10/2020 .... See details

“There staff are very friendly and efficient, great accountants!! Also Julius Mather is the best.”…

star icon Featured
award badge icon 2023 Award Winner
check icon ABN: 20 025 132 319
Licence image Credit Representative No. 549041
4.9 170 reviews ·    1300 363... Click to show ·     (Saturday:  Not Provided)  
shield icon Access to 30+ lenders
shield icon Winner - Better Business Awards 2022
shield icon Finalist - Australian Broking Awards 2022

“I have worked with Katrina and the team for multiple loans over the last 10+ years and they are always professional and have found me a better deal”…

star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 55 489 761 621
Licence image Credit Licence No. 389087
star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 55 489 761 621
Licence image Credit Licence No. 389087
5.0 124 reviews ·    Cranbourne VIC ·    1300 480... Click to show ·     (Saturday:  9.00am to 9.00p...)  
shield icon Free guides on investing and refinancing
shield icon Free online calculators for borrowing power
shield icon Free guide on using a Mortgage Broker

“The mortgage Forum provide an excellent service and offer lots of advice to help you make informed decisions . Would definitely recommend them.”…

star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 30 853 744 642
Licence image Credit Licence No. 384704
5.0 106 reviews ·    Clayton VIC ·    0412 110... Click to show ·     (Saturday:  9:00am to 5:00pm)  
shield icon Access to 40+ lenders
shield icon FBAA member
shield icon Featured in The Australian Business Journal

Special Offer Icon Special Offer - Up to $2,000 Cashback for refinances…

Earn $2,000 cashback with a home loan of $250,000 for refinance applications. .... See details

“Steve has been an amazing resource throughout our search for a first home. His guidance has been excellent and insight into the market has been second”…

star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 18 605 724 785
Licence image Credit Licence No. 390222
star icon Featured
award badge icon 2024 Award Winner
check icon ABN: 18 605 724 785
Licence image Credit Licence No. 390222
shield icon 60+ banks & lenders to help you get the best rates
shield icon Fast turnaround times
shield icon Ongoing support & guidance

“From start to end - the Loan Market team have been great. For a first time home owner they have answered my “dumb” questions in a way I’ve been able”…

star icon Featured
check icon ABN: 12 616 894 243
Licence image Credit Licence No. 246786
5.0 55 reviews ·    Sunshine VIC ·    03 9364 ... Click to show ·     (Saturday:  10:00am to 4:00pm)  
shield icon Mortgage Finance Association of Australia member
shield icon 35+ years combined industry experience
shield icon Free property report from Corelogic

Special Offer Icon Special Offer - $500 settlement gift and discharge fee coverage for …

Simply settle a loan with Aussie Sunshine and upon settlement we'll send out a $500 Coles Myer gift card furthermore we'll cover your discharge cost for the life of the loan if the loan is refinance w .... See details

“Vu at Aussie Home Loans in Sunshine provided the best customer service. Walked us through every little step. No question was ever a hassle. Would”…

star icon Featured
check icon ABN: 75 602 640 086
Licence image Credit Representative No. 470235
star icon Featured
check icon ABN: 75 602 640 086
Licence image Credit Representative No. 470235
5.0 40 reviews ·    Caroline Springs VIC ·    0403 226... Click to show ·     (Saturday:  Not Provided)  
shield icon Over 20 lenders on our panel
shield icon National Mortgage Broker Medallion Club member
shield icon MFAA member

“Robert organised the finance for the purchase of my new home. From the beginning he was always friendly, professional and knowledgable. He was also”…

shield icon CPA qualified
shield icon FBAA member
shield icon Over ten years of experience

“Michael is fast, friendly and knowledgeable. A pleasure to deal with”…

shield icon 50+ banks and lenders
shield icon We treat you like royalty
shield icon MFAA member

“John has been with us on our Journey as first home owners for over 14 months now! Keeps us up to date and responds in a timely fashion. Personable”…

star icon Featured
check icon ABN: 69 642 207 387
Licence image Credit Representative No. 521770
star icon Featured
check icon ABN: 69 642 207 387
Licence image Credit Representative No. 521770
5.0 18 reviews ·    Chadstone VIC ·    1300 709... Click to show ·     (Saturday:  8:00am to 8:00pm)  
shield icon Member of FBAA and AFCA
shield icon 40+ lenders on our panel
shield icon 98% loan approval rate

“100% reliable, great customer service. Passionate to help get you the best deal. My experience is beyond excellent. I am already telling friends about”…

star icon Featured
check icon ABN: 53 179 089 330
star icon Featured
check icon ABN: 53 179 089 330
0.0 0 reviews ·    Greensborough VIC ·    1300 366... Click to show ·     (Saturday:  9.30am to 12.30pm)  

Tips when choosing a mortgage broker

Purchasing a property involves several costs.


For example, if you're looking to buy an established home in Melbourne for $1,000,000 as your principal place of residence with a 20% deposit, you can anticipate the following costs:


Stamp Duty: $55,000

Conveyancing Cost: $1,500

Lender Fees: $0 to $800 (depending on the lender)

Total: $56,500 to $57,300


In the case of a refinance, you would primarily need to consider lender fees and mortgage registration costs. We estimate the "switching costs" to be around $800 to $1300. It's worth noting that certain lenders may offer cashback incentives of up to $4,000 to cover these expenses.


Lenders mortgage insurance


If your deposit is less than 20% or you have less than 20% equity in your home available to refinance, you'll also need to factor in Lenders Mortgage Insurance (LMI).


LMI costs can vary depending on factors such as the loan amount, lender, and purpose of the funds. However, it's important to be aware that LMI waivers are possible in certain circumstances (for example if a guarantee is provided on the mortgage).


Optimising your current mortgage


Refinancing your mortgage can offer numerous benefits and an experienced mortgage broker can play a vital role in assisting clients navigate this process. The primary reason to refinance your loan is for a lower interest rate and associated fees, which will in turn reduce your monthly repayment.  


Refinancing also gives you the ability to access your home equity by borrowing additional funds for home improvements, debt consolidation or other financial needs.  


Part of the refinance process includes determining how quickly you can repay your mortgage. A Mortgage broker should be able to assist you with a budget as well as determine the realistic timeframe in which your mortgage can be repaid. A good broker will have access to all the big lenders as well as other smaller lenders. 


Keep in mind that some mortgage brokers have access to other professionals who can add value to your mortgage pathway. These include financial planners, accountants and solicitors.


Planning for home ownership


Planning for homeownership can be challenging but also very exciting! Mortgage brokers play a crucial role in helping you plan and budget and facilitate a smooth journey towards owning a home. 


A very important part of planning for home ownership is your deposit. Speak to your broker who can determine the required deposit for a home. They can also provide you with information on government grants, 100% mortgages etc. Mortgage brokers should also be able to provide you with free property reports on prospective properties you are considering. 


Choosing the right mortgage broker


We recommend reading Word of Mouth reviews to find out what actual clients think of a particular Mortgage Broker. You can easily post a job in minutes and receive free quotes from vetted experts. It’s always easier to deal with a broker you feel comfortable with, who communicates clearly and who understands your needs. 


Do they have a wide range of lenders to choose from? A larger pool of lenders is a good signal that you’ll be able to get a more competitive rate. How long have they been in business? The more established they are, the more experience and knowledge they bring to the table when it comes to choosing the right loan products to suit your circumstances. 


All mortgage brokers are required to act in your best interest. It can be an exciting experience buying or refinancing property when you have received good advice and amazing support along the way.


Author DP

Written by:

Will Rademeyer linkedin-icon

Will founded Mortgage Box in 2004. Since then, he has built an award-winning team that is passionate about assisting people with financial solutions. Mortgage Box assists clients country-wide.


Disclaimer: The information provided is general in nature and intended for informational purposes. It is highly advisable to consult with a mortgage professional or financial advisor who knows your individual circumstances.

Top mortgage broker related questions

First and foremost, check if they're licensed with ASIC. Other professions qualifications you can look for include the Finance Brokers Association of Australia (FBAA) or the Mortgage and Finance Association of Australia (MFAA). A good place to see these would be on the brokers website.