Hobart’s #1
Mortgage Broking Team

Yes, our brokers are available after hours and on weekends for appointments. Clients have the option of meeting with a mortgage broker at our Hobart office or fully at a distance through a combination of phone, email, and video meetings.

Mortgage brokers receive a commission from the bank, which allows most brokers to offer their services to clients for free. Home loan brokers have a legal obligation to disclose how much they are receiving and to act in the best interests of the client.

We have multiple solutions for clients who are credit-impaired. Certain banks are willing to lend to these types of applicants, but usually at a higher interest rate and fees.

What separates us from other finance brokers in Hobart is that we have a potential way to get those with bad credit a standard home loan with normal rates and fees. If you’d like to find out more, book an appointment with one of our mortgage brokers to discuss.

If you’re looking to borrow more than 80% of a property’s value, then you may incur something called Lender’s Mortgage Insurance (LMI). LMI protects the lender in case you’re not able to meet your repayments and does not protect you as the borrower in any way. Many lenders will allow you to borrow additional funds to cover this cost. Our experienced mortgage brokers in Hobart will advise if this cost applies to you and how much you can expect to pay.

Equity in a property is the difference between its market value and the outstanding mortgage balance owed on it. For example, if a property is worth $800,000 with a $500,000 loan, then the equity amount is $300,000. Consult with Hobart’s best mortgage brokers to know the most suitable way to tap into your home equity.

Choosing between fixed and variable interest rates depends on your risk tolerance and future financial plans. Fixed rates offer stability as your repayments will remain the same but can restrict access to certain loan features and make it more difficult to refinance in the future.

Variable rates offer more flexibility and can potentially save you money but are more volatile as your repayments could increase or decrease depending on market conditions. Speak with a home loan broker about which choice is best suited for your situation.

An offset account is a bank account that is linked to a home loan. Any cash in the offset account can reduce the amount of interest you pay on a mortgage by offsetting the balance of the account against the mortgage balance.

Using an offset account can be beneficial if you want to reduce the amount of interest being charged on your mortgage and enable you to pay down the loan faster. However, having an offset account can often come with additional yearly fees or a higher interest rate. Depending on how much cash you’re planning on keeping in the offset account, will determine whether it’s worthwhile having.

Our team of mortgage brokers in Hobart specialise in assessing a wide range of mortgage options to potentially find more advantageous rates than those typically offered by banks. Our expertise and industry connections enable us to compare and negotiate rates effectively, often leading to more favourable refinancing, construction loan or home loan terms tailored to your financial situation.

Consulting with a mortgage broker in Hobart is beneficial at any stage of your property-buying process. Whether you're considering purchasing your first home, planning to apply for construction loans, or looking into refinancing options, a home loan broker can provide valuable insights and options. Hobart mortgage brokers' knowledge of the mortgage market can be a significant asset in your decision-making process.

As top mortgage brokers in Hobart, our team is committed to assisting first-time homebuyers with their home loan needs. We offer comprehensive home loan broker servicing that includes exploring multiple home loans to find the right product, negotiating with lenders, advising on first-home owner grants, and managing the loan application from start to finish. Our focus is on ensuring you have a smooth experience while securing a mortgage, allowing you to concentrate on selecting your ideal first home.