Mortgage Broker Donvale

A mortgage broker serves as a bridge between you, the borrower, and the lending institution. Using their skillset and software tools, they work to find you the most favourable interest rates and ensure that the mortgage process runs seamlessly.

There are many different mortgage products on the market, and it can be overwhelming to compare them all. A Mortgage Broker will assist the borrower in navigating the many options. He or she will explain the differences between the products and help you choose the right loan. Once a product is selected, the mortgage broker will help ensure everything runs smoothly and the borrower is kept informed at all times. Beyond helping you at the time of purchase, mortgage brokers in Donvale can provide ongoing support. With this expert guidance from your broker, you can be sure you’re getting the best business or home loan options available to you.

When you’re looking for a home loan, working with a mortgage broker (either for residential or commercial property) is one of the best ways to save money on your monthly repayments. Lender fees can be expensive, and with rising interest rates, it’s important to have a professional find you the best loan available. A good mortgage broker will be able to provide expert advice for your financial situation, and give you access to deals that the banks may not offer you alone. So when purchasing property, always work with an experienced team of mortgage brokers, like Mel Finance, to get competitive rates and the right loan for you!

You might think that directly approaching a bank for your first loan would eliminate the need for a mortgage broker. However, our role is to evaluate your individual requirements and broaden your horizons by comparing various lenders, not just the major four banks. We look at factors like LMI and interest rates and run the numbers to find the most cost-effective options for you. In doing so, we help reduce both your monthly payments and the total interest accrued over the loan term.

For over a decade, Mel Finance has been serving Donvale and the surrounding areas, continually refining our mortgage strategies to offer optimal solutions to our clients, no matter their financial situation. Our client testimonials attest to our high level of service. If you’re in search of trustworthy mortgage brokers in Donvale, your search ends with Mel Finance.

There are no fees for our service. The lender you opt for pays us a commission, and we’re open about this from the outset. Any other costs you may encounter would come from the government or the lenders themselves. Your loan repayments won’t be higher as a result of using our services; in reality, you’ll likely save money.

The relationship doesn’t end once your loan is settled. Mel Finance continues to support you, funded by a trailing commission from the lender you pick. This allows us to remain available for queries or to help you make changes to your loan structure, such as switching products. We also annually evaluate your loan’s suitability and negotiate better terms with your lender when possible.

Mel Finance is available to clients in the Melbourne CBD and nearby suburbs such as Donvale.
View our service locations here.