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Mortgage Broker East Melbourne
Welcome to Mel Finance
With a well-earned standing as a premier mortgage broker in Melbourne, Mel Finance takes pride in presenting personalised loan and refinancing plans designed to save you both time and money. Our high number of five-star ratings from satisfied clients across Australia and partnerships with an extensive range of lenders solidify our position as the reliable choice for your East Melbourne mortgage needs.
Comprehensive Financial Broker Solutions
Catering to All Your Loan and Refinancing Requirements
With extensive experience and a diverse array of home loan options, our team is committed to helping you find a home loan that suits your individual needs, whether you’re buying your first home, investing in property, or you own multiple homes. By reviewing offers from various lenders, we’ll assist you in obtaining a great deal and a more favourable rate.
Mel Finance can help you make informed decisions when buying investment properties. We offer a range of investment loans, and our experienced property finance brokers will work with you to find the right one tailored to your specific needs. Our team can advise on the best way to structure your loan for tax purposes, whether you’re a first-time buyer or expanding your portfolio.
Buying your first home can be a thrilling but daunting journey. The Mel Finance crew assists aspiring homeowners in East Melbourne in understanding the property market, determining how much you can borrow, obtaining a home loan, familiarising yourself with various mortgage options and addressing lenders mortgage insurance (LMI). Realise your dream of homeownership with a loan tailored to your needs through our reliable mortgage brokers.
Is a more attractive deal within reach? Evaluate your refinancing options with our team of knowledgeable mortgage brokers. We’re here to assist you through the entire journey, from considering your choices to sealing the deal on your refinanced mortgage. Refinancing might open doors to a reduced interest rate, consolidating your various debts into one manageable loan, shortening your repayment schedule, and speeding up your route to being debt-free.
Going through a home loan application when you have a shaky credit history can be challenging. At Mel Finance, our seasoned team will steer you through the entire process, from optimising your application to pinpointing the lender that suits your circumstances.
For those in doctor or medical fields, there are exclusive perks you could enjoy when securing a home loan, like discounted interest rates, more substantial loan amounts and Lenders Mortgage Insurance (LMI) exemptions.
If you run your own business, securing a loan might be challenging due to lenders requiring evidence of stable income. Mel Finance is here to assist you in gathering the necessary financial documents and exploring various lending options, interest rates, and more.
Get in Touch With A Loan And Refinancing Specialist Today
In search of help or advice on your real estate or financial decisions?
Schedule a chat with our team today to explore your possibilities.We Work With Over 47 Lenders To Help You Get The Best Rates
Hear From Our Satisfied Clients
Partner With Our Award-Winning Home Loan Professionals
Home Loan Professionals You Can Rely On
Searching for the right home or commercial property loan? It’s crucial to have an informed team backing you. At Mel Finance, our expert mortgage brokers are rich in experience and committed to finding a loan that serves you best.
We invite you to book a complimentary discovery session, giving you an obligation-free opportunity to explore our services and understand how we can guide you to homeownership with a mortgage that meets your needs.
Secure your spot for a free consultation and discuss your needs with an experienced mortgage broker from East Melbourne today.
The Mel Finance Difference
MFAA APPROVED
We hold MFAA (Mortgage and Finance Association of Australia) approval as mortgage brokers serving the East Melbourne area.
AWARD WINNING
We've consistently been identified as a standout mortgage broker in Melbourne.
12 YEARS EXPERIENCE
For more than a decade, we've been partnering with clients to reach their financial aspirations.
FULLY QUALIFIED
With a Diploma in Mortgage Broking (MBA) from the University of Wales, complemented by a Cert IV and another Diploma in the same field, Lumbini is well-equipped to assist you.
FULLY LICENSED
With full licensing and ASIC registration, we're in tune with the specialised demands of the mortgage industry.
CLIENT-FOCUSED
When working with Mel Finance, you can trust your goals and needs will always be our priority.
Frequently Asked Questions
What's the function of a mortgage broker?
As a mortgage broker, Mel Finance operates as a liaison between you and the lender. Our know-how and software applications enable us to fetch competitive rates and streamline the mortgage settlement process. We’re committed to upholding your interests and handling all the intricacies of the mortgage operation.
Why is having a mortgage broker beneficial?
The range of available mortgage options can be staggering, making it difficult to choose the right one. This is where a Mortgage Broker steps in, providing clarity and direction in making the appropriate selection. Once a loan is chosen, the broker will manage the entire process, keeping you well-informed. If you’re from East Melbourne, know that the service doesn’t end with the purchase; you get ongoing support. With this level of personalised assistance, you can rest easy knowing you’re making wise financial choices.
How can a mortgage broker assist in lowering my monthly repayments?
When hunting for a home loan, engaging a mortgage broker can significantly reduce your monthly repayments. Given the potential for high lender fees and fluctuating interest rates, having a skilled intermediary is crucial. A proficient mortgage broker can tailor advice to your financial circumstances and can open doors to offers that might not be publicly available. By partnering with an experienced company like Mel Finance, you can secure a loan with competitive rates that meet your needs.
How does a mortgage broker save me money long-term?
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.
What's the difference between Mel Finance and other mortgage brokers?
Mel Finance has been a pillar in the East Melbourne community for more than 12 years, perfecting our mortgage procedures to provide unmatched financing options to our diverse clientele. Our customer testimonials speak volumes about our commitment to excellence. For the premier mortgage brokers in East Melbourne, consider Mel Finance as your go-to choice.
Are there any charges for using Mel Finance's services?
We offer our services at no direct cost to you. The chosen lender compensates us through a commission, which is disclosed upfront. Apart from this, any fees are those imposed by government bodies and the lender themselves. Engaging us won’t make your loan more expensive; on the contrary, you’re likely to save money.
Do mortgage brokers offer an ongoing service?
After your loan is settled, Mel Finance remains your trusted support provider. Funded by a trailing commission from the lender you’ve chosen, we continue to offer assistance, be it answering questions or making necessary adjustments to your loan package. We conduct yearly reviews of your loan, ensuring its suitability and renegotiating terms with your lender as required.
Where can I utilise Mel Finance's services?
Mel Finance is available to clients in the Melbourne CBD and nearby suburbs such as East Melbourne.
View our service locations here.
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Realise Your Financial Objectives With Mel Finance - Get in Touch With Your Local Mortgage Brokers Now!
Reach out today to begin your relationship with a knowledgeable finance or mortgage broker in East Melbourne.