MELBOURNE MORTGAGE BROKERS
Recommended Mortgage Brokers for Home Loans in Melbourne

Melbourne Home Loan



The best place to start your home loan search

Using a Mortgage Broker to help find the best housing loan is infinitely more helpful than approaching a Bank.

Banks are biased toward their own limited range of finance products while Mortgage Brokers can offer a much greater selection due to the large number of lenders they represent.

Because of the fall in interest rates, households have been able to afford to service much more debt, and this has greatly increased their purchasing power.

This, in turn, has enabled them to compete with other households for more expensive houses. But this additional purchasing power is not confined to first-home buyers; indeed, existing home owners, with accumulated equity in their houses, have been in a much stronger position to compete than first-time buyers.

Due to historically low and stable interest rates, it is still a good time to buy a home in Melbourne.


MORTGAGE BROKERS FOR HOME LOANS
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The best place to start your home loan search

Mortgage Brokers in Melbourne

Mortgage Brokers generally specialise in finance for the various types of home loans but some can arrange personal loans too.

According to the Australian Bureau of Statistics, Victorian home-buyers are almost $20,000 further into debt than a year ago. The average new home loan in Victoria grew from $223,000 to $241,000 in the 12 months to April 2010.

We recommend Tomorrow Finance to anyone in the capital cities or large regional cities in Australia seeking a Home Loan.

Tomorrow Finance - for Melbourne Home Loans

is an emerging online exchange that connects interested consumers to various Lenders and financial services companies in its network. Currently, there are over 900 participants in their continually expanding national network. FSO was developed to empower consumers with a choice in evaluating the right financial program for their needs. The FSO system takes the stress out of finding the right financial service institutions.

The advantage for borrowers is that loan applications submitted through FSO can be submitted to more than one mortgage broker in order to access the largest possible range of lenders and loans. This is a unique service that benefits the borrower, especially those who may have been rejected by other lenders.

Most of the loan application process takes place on the Internet and over the phone. There is no cost to the borrower and most areas of Australia are serviced.

To apply for a Free no-obligation quote from FSO, CLICK HERE FOR FREE QUOTE






The best place to start your home loan search

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Thank you for visiting our Melbourne Home Loan web-page. We hope the information has proved useful.

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