Our Pick Of The Best 8 Mortgage Brokers in Sydney

Are you looking to buy a home or an investment property? In this article we share with you our guide to the best mortgage brokers in Sydney.

The number of people buying homes in Australia is at an all-time high. Who can blame them? Australia is experiencing economic strength and prosperity, as well as an affordable housing market. Accordingly, finding a good broker to help you find a mortgage with a great rate should be a priority.

What’s a Mortgage Broker and Why Do I Need One?

A mortgage broker is essentially someone within the finance industry that acts as a middleman. He mediates between you, the borrower, and the lender. They can negotiate the best deal for the loan of your house- whether it’s an investment property loan, personal loan, or home equty loan- on your behalf and operate separately from banks and lenders. The right mortgage professional will walk you through the different suitable loans available in the market and suggest the best options based on your finances.

According to the Australian Bureau of Statistics, the average value of a recently purchased home in the Sydney property market with the help of a mortgage broker was $200,000 for first-time homebuyers and $280,000 for changeover buyers. Now that dream of owning a new home in Sydney doesn’t seem so far away, does it?

You, too, can be part of the hustle and bustle of one of the country’s most treasured cities. But in order to ensure you get the best properties and best outcome when shopping for loans with a low interest rate, you’ll need a mortgage broker with proven results and experience in mortgage broking and consulting on your side. They’ll help you get the best rate, walk you through the process of being a property investor, and provide other financial services to help you build up your property portfolio or buy your dream home. They can also help you with all the nitty-gritty that goes into home purchasing, such as lenders mortgage insurance and so on. So if you want to own your own property or pick up multiple properties for investment purposes, you might need to make a loan application to make that happen.

Owning a home is an incredible feeling, but the process of purchasing a home isn’t always quite as exciting. It can be complicated and frustrating, especially when it comes to finding a suitable home loan and mortgage for you. That’s why finding a good mortgage broker that has your best interests in mind can help you through the whole application process.

So with that said, here are the top Sydney mortgage brokers who can do a great job for you.

1. Atelier Wealth

If you are a new home buyer, Atelier Wealth offers the best deal of over 400 hundred mortgage products for you. They’ll help you get in touch with over 20 different lenders who have mortgages that are suitable for you. They’re open Mondays through Saturdays from 9 am -5 pm.

Atelier not only provides mortgage products for first-time home buyers, but they also offer a list of refinancing home loans or property loans if you are looking to invest in real estate. You can also talk with them about their commercial, vehicle, or equipment loans.

Address: Currency House, Suite 2, Level 15/23 Hunter St, Sydney NSW 2000, Australia

Phone Number: 1300 394 055

Website: atelierwealth.com.au

2. Bspoke Finance

Financial decisions are difficult to make at the best of times. These decisions are made even harder when you don’t know where and how to start the application process.

bspoke finance listen to understand your individual situation, so they can provide solutions and suitable loans tailored to you. They will educate, guide and support you to make the best financial decisions, not just today, but with your future financial goals in mind.

Specialising in not just mortgage broking services, but also asset finance, commercial lending and consolidation of any number of debts, bspoke finance believes there’s a solution for everyone and is always ready to offer you the right home loan you need.

The team has an extensive experience of lending from your traditional PAYG individuals to sole traders, company and trust entities, blemished credit history and even recently discharged bankrupts – bspoke finance are able to assist where other mortgage brokers may not be able to.

With over 20+ lenders on their panel, strong relationships with valued partners and a great understanding of the full lifecycle of the lending process, bspoke finance would love the opportunity to assist you with your home loan process and other financial needs.

Phone Number: 1300 386 630

Website: www.bspokefinance.com.au

Email: info@bspokefinance.com.au

3. Inovayt Finance

Inovayt is a financial services founded back in 2007. Created by Nick Reilly and Renee Kiley founded, the company has helped many clients with mortgage broking, wealth management, and an array of other financial services. Consequently, it has grown from a mortgage broking business to a leading financial services company around Australia.

Inovayt is also an award-winning mortgage broker and financial advisor business with honours such as the AFG Excellence Awards and The Advisor’s Top 25 Broker Awards for two years. The firm also holds the esteem of receiving The Advisor Australian Broking Awards and The Advisor Better Business Awards.

The firm can help you with all sorts of financing needs, including:

• A refinance home loan
• Purchasing as a first home buyer
• Buying your next home
• Paying your loan off sooner or property investment

The company holds a culture of creating relationships that last beyond a transaction. Inovayt values transparency, integrity, and honesty in all its dealings with clients. They also find ways to give back, partnering with organizations like Live for Lily Foundation, Trace and Carbon Landscapes.

If you’re looking for mortgage broker advice and services with a personalised touch, speak with Inovayts mortgage broker Sydney or mortgage broker Newcastle teams available to assist you servicing the entire state of New South Wales.

Address: 57 Kirby Rd, Aspley QLD 4034

Phone Number: 1300 354 355

Website: inovayt.com.au

4. Zanda Wealth

Zanda Wealth Mortgage Brokers had to feature on our list, and for good reason.

The business ranked extremely well in all our assessment categories. Their approval rates plus their customer services reviews and settlement timeframes all scored ten out of ten. From our interviews with the business, it was apparent they have genuine care for their clients, seeking to deliver the best mortgage broker services in the industry to the customer

Their unique team structure lets them to operate more efficiently and get the job done faster for their clients. Accordingly, they received the number one customer requirement rating in a recent broker satisfaction study. The company’s overarching theme is to deliver their clients to a better place than they were in before engaging with the business. Their care for their clients is apparent in every conversation and transaction.

If you want an outstanding mortgage broker with a down-to-earth, honest approach, look no further than Zanda Wealth Mortgage Brokers in Sydney.

Address: Level 13, 465 Victoria Avenue, Chatswood NSW 2067

Phone: (02) 7229 5610

Website: Zandawealth.com.au

5. Finspo

Finspo is an online mortgage broker helping people Australia-wide with all things home loans. Combining expert advice with a smooth digital experience, Finspo will help you feel good about your home loan moves.

Whether you’re buying or refinancing, it’s all about you. Your qualified (and friendly) broker will understand your unique situation, then help you choose ‘the one’ from 30+ lenders and 1000s of loans.

Plus, Finspo’s responsive team, application tracker and notifications will keep you in the loop – to settlement and beyond.

Address: Online & Australia-wide, located on Wurundjeri, Woi-wurrung Country (Abbotsford, Victoria)

Phone number: +61 3 9917 4238

Website: finspo.com.au

6. XIN Mortgage

XIN Mortgage is a top-tier mortgage brokering company that works with its clients to attain their dream homes. The company was recently awarded as one of the top twenty-five brokerages of 2021 by The Adviser and the gold winner award by the 2021 Australia Mortgage Awards.

What sets XIN Mortgage apart is its dedication and determination to helping its clients find the competitive rates on your home equity and instruments so they can get a home at the best deal possible. XIN covers a variety of services, including refinancing, debt consolidation, and many others. They work with NAB, ANZ, Commonwealth Bank, Bankwest, Suncorp, BOQ, Liberty, Resimac, Pepper Money, Firstmac, Liberty, and many more. All in all XIN Mortgage provides the highest level of customer service to its clients.

6. Sydney Brokers

Syndey Brokers gets a special nod for its expertise and exceptional customer service. They have access to over 2400 home loan products. Isn’t it great? They’re available to chat with you from Monday to Thursday, 8 am – 5 pm, and Fridays from 10 am – 3 pm.

When you meet with them, you’ll definitely want to ask about opening a self-managed, super-fund account. They offer investment loans if you are looking to buy properties, or if you need to increase the space of your home to accommodate your family, they can help you with that too.

Address: Level 24, Three International Towers 300 Barangaroo Ave, Barangaroo NSW 2000

Phone Number: 02 9160 7654

Website: sydneybrokers.net.au

7. SF Capital

SF Capital is another award-winning company that has bagged many honors. Among them are the Customer Service, Best Young Professional Award, and Loan Administrator Award by the Mortgage & Finance Association of Australia across multiple years.

SF Capital’s team of top-level mortgage brokers works tirelessly to make financing easy and simple for its clients, boasting a process that helps hundreds of clients across Sydney and the rest of New South Wales. Their team leverages its vast network of lenders to find the best available rate for your context.

If you need tools to calculate mortgage payments, rates, and so on, their website provides many free tools for you to use too!

Address: Suite 603, Level 6/350 Kent St, Sydney NSW 2000, Australia

Phone Number: 02 8004 1888

Website: sfcapital.com.au

Your Guide to Finding the Right Broker

Why should you use a mortgage broker to finance your business or buy your first home? A great question. Letting a broker go through the process of buying that home for you will save you time and energy. Doing all the research work yourself will wear you out. Allow a broker to handle all the legwork and paperwork for you. Brokers know all the lender policies. If you have unusual circumstances, they know which lender to pair you with.

Variable Interest Loans

There are thousands of home loan products out there today, and more are still being added to the portfolio. Aside from using a broker, how can you tell which one is a good fit for you? The Australian Mortgage Snapshot Study from 2013 found that 83 percent of Australians choose their home loan provider based on interest rates.

What You Need to Know

A Variable Interest loan repayment will change. It tends to be the top pick for most people who love its lower interest rates and mortgage payments. But you may want to consider a few things before jumping on it, though.

Your new interest rate is tied to common indexes like the Prime rate, MTA, and LIBOR financial indexes. You may want to calculate it yourself before discussing it with your broker. Adding up the indexes to your broker’s margin will give you your new interest rate. Also, the loan margin differs from broker to broker. Consider dealing with a mortgage broker that has a low margin and offers lower interest loans.

How the Loan Works

This loan allows you to pay a fixed, stable interest rate for one to five years. At the end of your repayment year, the interest will change. Your new interest rate depends on the market at the end of your repayment period. Most people don’t know this only to be shocked when their payment starts to change.

If you have your house put up for sale, then you may want to go for this loan. Or are you into the real estate business? You would get help from the variable interest loan. Maybe you are looking to get a loan to start a company with a stable interest rate and consistent monthly payment, then you may want to jump on this loan too.

Refinancing 

Are you feeling overwhelmed with your home mortgage? If you’re struggling financially, why not consider refinancing? Focus on the bigger picture as you make changes to your home loan. Refinancing will lower your monthly payment slightly. It could save you a lot of time, energy, and ballooning payments if you agreed on a short-term variable interest rate loan with your broker.

Refinancing can roll that amount back into the loan and get you a fixed interest rate. You should find out if fees, or any legal documents, as well as possible prepayments, are tied to your refinancing package. Charges can pile up fast over time into thousands, or you might even get the fees waived.

Conclusion

Don’t waste time and money you don’t need to. Use a broker to get you into your new home faster! And if you’ve decided to use a mortgage broker to buy that country farm you’ve always wanted, don’t forget to ask the right questions like low interest-rate payments and low loan margin!