Melbourne’s Best Independent Mortgage Broker – available 7 days a week

Best Mortgage Broker Melbourne

Best mortgage broker Melbourne

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One of the biggest commitments you will make in your working life is securing a mortgage, and with over 1,000 different mortgage products, there is a lot of detail and complexity to understand.

Choosing the best mortgage broker Melbourne is one of the most challenging tasks. A good mortgage broker or home loan broker is worth its weight in gold. So how do you find the best mortgage broker Melbourne?

1. Research the mortgage broker

While many mortgage brokers claim they can help look at their reviews, how long they have been in operation, and what services they offer. Google reviews and Word of Mouth Online are great sources due to their independent reviews and the controls they have in place.

When you meet the mortgage broker, ask them what makes them a great mortgage broker and how long they have been in business or their industry. Understand their qualifications, experience and also availability.

A mortgage broker should be available when you need them to answer questions and guide you through the finance process.

2. Engage an Independent Mortgage Broker

An independent mortgage broker is not affiliated with a bank, real estate agent, lawyer, accountant or any other 3rd party. This means they do not pay a 3rd party to receive your business and are not conflicted.

Conflicted means they feel obliged to look after the interest of a 3rd party. For example, if a builder, real estate agent or property developer refers you to a mortgage broker, be wary as there may be a relationship and payments made for the referral.

In this instance, how do you know they are finding you the right loan and not also looking after the interests of their referrer.

Also, many large mortgage groups are owned by banks. How independent is that arrangement?

3. Ask about their lender panel

Ask the broker to explain their lender panel. That is how many lenders they have access to who are relevant to your needs.

You need to get suckered into comments who see around their top 4 lenders accounting for a large percentage of the broker’s business.

Who the broker sends their business to depends on the type of client. For example, if a mortgage broker specializes in clients with low deposits or medical professionals, then a small number of lenders are relevant to those clients’ needs.

Mortgage broker talking with the couples

4. Ask your broker to explain their recommendations

Ask your mortgage broker to explain why they recommend a home loan. An explanation as simple as a low rate is not sufficient. Your mortgage broker should be able to explain, given your circumstances, why the lender is suitable.

If a broker is recommending purely on rate, then you may find finance may not be approved, or the lender would be hard to deal with.

For example, if you are self-employed with limited financials, this would be a factor that needs to be considered and would heavily influence the recommendation.

If you are looking for the best mortgage broker in Melbourne What If We Finance your choice. What If We Finance is an independent mortgage broker that has been operating since 2008.

We are an independent mortgage broker available 7 days a week and are here to support you find your dream home. We take the stress out of finance and let you concentrate on the essential thongs.

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176 reviews on
Matthew B
Matthew B
2022-06-05
Looking at the reviews for What If We Finance, it comes at no surprise to see so many 5-stars. Spiro handled the mortgage part of my girlfriend and I purchasing our first home. He made himself available to us around the clock and ensured that we were across the entire process and felt as comfortable as possible. We're very fortunate to have gone about buying our first home with Sprio and we'd be more than happy to use him for future purchases and to refer on to family and friends. A big shout out to Agnes also who busily works away in the background and also does an incredible job. You guys are the best!
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hari gowtham
hari gowtham
2022-06-03
Very happy with the results from Spiro from start to finish. Spiro and his team are very knowledgeable and have a very quick turnaround time. Couldn't be more happier with the service. Definitely my go-to person for upcoming purchase.
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Gary Shekhter
Gary Shekhter
2022-06-02
Great broker and trustworthy. Honestly had seen 5 brokers and fund this wonderful guy. Who helped from start to finish fast and had our loan in no time at all. Thank you again champ you did an amazing job
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Leonie Kemp
Leonie Kemp
2022-05-29
Thank you Spiro and Agnes for helping with the purchase of my first home. I needed to arrange finance quickly and Spiro did a fantastic job letting me know the best options for me and pushing to get the pre-approval so I didn't miss out on purchasing my home. Everything went very smoothly, thanks for helping make my first property purchase straightforward.
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S S
S S
2022-05-28
Thank you Spiro and team for your help in financing the mortgage for the recent property purchase. Spiro provided timely advise, guided me on the process and was swift in processing the documents. His friendly attitude makes the process even better. Thank you once again.
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Anita Naughton
Anita Naughton
2022-05-27
As a first home buyer I had very limited knowledge on what I needed to do. I searched for a broker and What if we finance stood out due to reviews. I had my first session with Spiro and never looked back! The whole process was seamless, I felt supported and could always connect with Spiro when needed. Spiro and Agnes are experts in what they do and I would highly recommended anyone looking for finance to choose What if we finance. I will be a lifelong customer and look forward to buying our next house with their support.
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Mahmoud Al Kilzi
Mahmoud Al Kilzi
2022-05-25
Spiro & his team did a great job by getting my loan sorted in time. I would recommend them to family & friend. Great work guys much appreciated.
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Rebecca Zeeman
Rebecca Zeeman
2022-05-20
Spiro and Agnes provided great help and advocacy in getting us our home loan. We felt they were always available and were super efficient in getting it all done on time! The process was so simple and without stress thanks them both.
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Irish Azcuna
Irish Azcuna
2022-05-09
I can’t thank Spiro and Agnes enough for making my first home purchase so efficient, stress-free and seamless! If I could give more than 5 stars I would. As a first home buyer applying for one or the government’s schemes, my situation would have been so complicated that I never imagined being able to complete the process in such a short time. Spiro’s in-depth knowledge, invaluable and always-available support, and genuine willingness to help get me the right mortgage for my situation, made everything possible. His pragmatic advice even helped me decide on the right property for us, which would help us achieve our long-term goals. I highly recommend Spiro and his team. We will definitely engage their service again for our next property. They are the best!
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Renee Briggs
Renee Briggs
2022-05-02
Spiro is reliable, has your best interest as his top priority and is fast to get great results. We wouldn't ask anyone else for their professional opinion- Spiro is the best in the business.
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