If you're looking for a good home loan but don't know where to start, an Aussie mortgage broker can help you find a competitive deal.
You probably know that when choosing a home loan, you when will need to compare and choose the lender as well as the loan. A choice you may not have known was open to you is using the services of a mortgage broker. A broker has the industry experience and the expert knowledge to help with your choices and comparisons.
Aussie mortgage brokers
Aussie can compare thousands of home loans to help find the right deal for you. You'll get a free appointment and will get to see all the features of a loan, like exit fees and penalties, as well as the rates.
Aussie has won The Advisor's Top Broker award every year since 2013. Aussie is a mortgage broker, not a bank. Credit for Aussie's own mortgage products is provided by Residential Mortgage Group Pty Ltd, Pepper Finance Corporation Limited and Bendigo and Adelaide Bank Limited.
Who do Aussie mortgage brokers work with?
When you go to an Aussie mortgage broker they will compare home loans from over 20 different brands to find which one is right for you (keep in mind that not every Aussie broker will have access to loans from all 20 lenders):
- AMP
- ANZ
- Aussie
- Bank of Melbourne
- BankSA
- Bankwest
- Commonwealth Bank
- Heritage Bank
- HomeStart
- HSBC
- ING
- Keystart
- Liberty Financial
- Macquarie Bank
- ME Bank
- MyState
- NAB
- P&N Bank
- Pepper Money
- St. George
- Suncorp Bank
- Virgin Money
- Westpac
What does a mortgage broker like Aussie do?
A mortgage broker will do all of the hard work and research in comparing loans and lenders based on your needs and eligibility. Your broker will also negotiate with your chosen lender on your behalf to make sure you are getting the right deal.
Aussie mortgage broker services will offer you:
- A fee-free appointment. Aussie mortgage brokers are able to offer you their time and knowledge for free, because they are paid a commission by the lender you choose once your mortgage is settled.
- Time-saving home loan comparison. The key to finding the right home loan and one which will see you through your home repayments as easily and affordably as possible is taking the time to make comparisons of each loan product. However, there are literally thousands of loans available in Australia at the moment and few people have the time to compare each one. That is where Aussie comes in because they do have the time and tools to help you.
- Easy to understand guidance. If you have a host of questions about your home loan and were to spend the time asking a lender for all this information, you might feel obligated to sign with that lender. However, when you deal with an Aussie mortgage broker they will explain the details of each loan and answer all of your questions so you're happy with your choice and can make an informed decision.
- Loan application assistance. Filling out the loan paperwork can be confusing and if you get it wrong, you could jeopardise your chances of loan approval. With Aussie making sure your eligibility criteria are satisfied and your application is completed correctly you have one less thing to worry about.
- An ongoing service and relationship. You can use an Aussie broker for your first home, your second, third or fourth home, or for an investment property loan. Aussie can also help you negotiate a refinance of your existing loan to help you get a better deal or free up the equity in your property.
What are the benefits of choosing an Aussie mortgage broker?
If you’re looking for a few more reasons to instil your trust in an Aussie mortgage broker to secure you the right home loan for you and your family, compare these exclusive Aussie benefits:
- Consecutively awarded ‘Australia's Top Mortgage Broker’. Aussie has won The Advisor's Top Broker award every year since 2013.
- Toolbox. The Aussie Toolbox software compares thousands of loans from a range of Australian lenders, including the big banks. The software is constantly updated and takes into account honeymoon interest rates and other discounted rates to give you an accurate picture of the true cost of a home loan.
- Assess your eligibility and needs in minutes. The Toolbox software can also tell you how much you may borrow and what your repayments will be.
- Organise preapproval. An expert Aussie mortgage broker can meet with you before you start your search for your dream home, so you can be sure of the budget you have available for repayments, and your borrowing capacity.
- Qualifications. All Aussie mortgage brokers are fully accredited by the Mortgage & Finance Association of Australia (MFAA) and have a Certificate IV (Financial Services) Mortgage Broking.
Aussie mortgage brokers can offer you a comprehensive service and personalised advice at a time when there is a lot of information coming at you, and very little time to digest it all.
Aussie is not currently available via Finder, but you can visit www.aussie.com.au for more information.
Disclaimer
Aussie is a trade mark of Lendi Group Distribution Pty Ltd. © 2023 Lendi Group Distribution Pty Ltd ABN 27 105 265 861 Australian Credit Licence 246786
Credit services for Aussie Select, Aussie Activate and Aussie Elevate products are provided by Lendi Group Distribution Pty Ltd ACN 105 265 861 ("Aussie") and its appointed credit representatives, Australian Credit Licence 246786.
Credit for Aussie Select products is provided by Residential Mortgage Group Pty Ltd ACN 152 378 133, Australian Credit Licence 414133 ("RMG"). RMG is a wholly-owned subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian Credit Licence 234945.
Credit for Aussie Activate products is provided by Pepper Finance Corporation Limited ACN 094 317 647 ("Pepper"). Pepper Group Limited ACN 094 317 665, Australian Credit Licence 286655 acts on behalf of Pepper.
Credit and any applicable offset accounts for Aussie Elevate are issued by Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL / Australian Credit Licence 237879
All applications are subject to lender assessment and approval, terms and conditions apply.
More resources on Finder
Ask a question
108 Responses
More guides on Finder
-
Finsure
Get professional help from the mortgage broker experts at Finsure. A mortgage broker can find a loan for you and help you apply.
-
Choice mortgage broker
ChoiceLend offers its loans through Choice Aggregation Services. It has a range of loans including variable, fixed and split rates, as well as equity loans.
-
Mortgage broker or bank: What’s the better option?
Check out our guide on the differences between mortgage brokers or applying directly via the bank. See which one will suit your needs.
-
Yellow Brick Road mortgage brokers
If you're interested in a particular loan, or want to learn more about your home loan options, just follow the Yellow Brick Road.
-
Mortgage Choice mortgage brokers
Choose the right home loan with free expert help from Mortgage Choice.
-
Loan Market
A mortgage broker from Loan Market can compare loans from 60+ lenders.
I want to refinance my investment loan of $450,000 @ fixed rate of 4.79% – 3 properties valued at approx. $750,000 in total.
I also want to know my maximum borrowing capacity for a new home if I have $1,100,000 to put towards it and I have a fully own rental worth $260,000 as security
Hi Emily,
Thanks for the question.
You can contact an Aussie Mortgage Broker directly to speak about your options by clicking on the ‘Enquire’ button on this page. They’ll be able to discuss potential home loans and lenders with you and take into account your personal situation. They’ll also be able to help work out what your potential borrowing power would be. You can also use our borrowing power calculator to give you an idea of how much you could afford.
I hope this helps,
Marc
I want to refinance my loan owe $370,000 fixed @ 5.21%. I have approval for extension worth $20,000, property has been valued at $420,000 without extension.
Hi Margaret,
Thanks for the question.
You can have a discussion with a broker from Aussie by clicking on the green ‘Go to site’ button at the top of this page. You can also compare other refinancing loans yourself here.
Cheers,
Marc.
I’m self employed and looking for a low doc loan of $50,000. I have a deposit of $340,000 and am aged 57 years. I would like to be able to take out the loan for the maximum period available, preferably more than 10 years if possible.
Hi Elliemcn,
Thanks for the question.
This is best suited to asking the Aussie Mortgage Brokers directly or consult with another mortgage broker. They will be able to answer your query and discuss your options. Alternatively, you can compare different low doc loans and contact the lender directly to discuss your options.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
I hope this helps,
Marc
my partner and i both on a dsp with 1 dependent and are looking to purchase our 1st home. we have a deposit of $9,000 and the property we are looking at is selling for $90,000 what are our chances?
Hi Andrew,
thanks for the question.
Because each lender has a different lending criteria it’s difficult to say which would approve this type of loan. I’d recommend comparing the different loans on the site until you find one you like and then contacting the lender directly to find out if you’d be eligible to apply, or try contacting a mortgage broker directly to discuss this.
I hope this helps,
Marc.
Im currently with a bank and I wish to refinance for the purpose of doing some work to my home. Currently on a Pension will that restrict the ability in getting a cheaper loan.
Hi Rick,
thanks for the question.
According to the Aussie website, pensions are still a valid form of income, but as usual this along with your debts, assets and credit history will dictate what sort of home loan you’re eligible for. If the rate terms are not to your liking, I suggest you ask for a better deal. Lenders have been known to discount rates and fees during the application stage.
I hope this helps,
Marc.