What our customers say about us

Thanks for all your help and for making it so easy for me. Life will be so different now.

Jan Vincent
Montrose, VICTORIA

Thank you for your time on the phone yesterday and copying me into the below email.
I just wanted to take the time to say that I have never seen such a comprehensive email provided to clients by a Broker before. Very clear and detailed.
I hope it’s ok that I hold onto your details to refer to clients who may need assistance.
Kind Regards,

Shannon Oatley
Director & Licensed Conveyancer
Property Conveyancing Group, VICTORIA

We have found Barry Le Brocq of Melbourne Mortgage Finance to be very patient, caring and diligent in achieving a successful outcome to our refinancing requirement. We have no hesitation in recommending his services to others.

Don & Christine Perrett
Leongatha, VICTORIA

Many thanks Barry for the exceptional service that you have provided. We will most certainly be recommending you to our daughter (Bank of Melbourne branch manager) for any future customers who need a reverse mortgage loan.

Paul & Barb Spark
Somerville VICTORIA





All well-known lenders have now passed on the recent interest rate cut to new borrowers. Set out below is a simple table showing variable home loan rates and maximum LVRs (loan to valuation ratios) currently offered on a few of the more popular loan types for an amount of $300,000:

CBA MAV Standard Variable 5.04% 95%
RAMS Basic Variable 5.09% 100%
ING Mortgage Simplifier Smartpack 5.13% 95%
St George Basic Home Loan 5.17% 95%
Suncorp Standard Variable 5.20% 95%
ANZ Simplicity Plus 5.21% 90%
St George No Deposit Variable 5.21% 100%
Westpac Premier Advantage Premium 5.21% 95%
NAB HomePlus 5.27% 95%
AMP Basic Variable 5.34% 90%

Lenders who still offer 100% loans insist on squeaky clean credit records and ample income to service the loan. Applicants must still have sufficient funds to cover lender’s inhouse mortgage insurance and Victorian government stamp duty….a total of approximately $30,000 on a $400,000 purchase. FHOG can be included in this amount.

Lenders who offer 95% loans will generally allow the mortgage insurance premium to be added to the loan amount provided the total advance does not exceed 97%. Applicants must still have funds to cover the 5% deposit and Victorian government stamp duty….a total of approximately $40,000 on a $400,000 purchase. FHOG can be included in this amount.


With interest rates at a 40 year low, borrowers now have an excellent opportunity to qualify for loan amounts which would not have been available 12 months ago when rates were around 9%. However, quality of applicants, proof of genuine savings and clear proof of repayment capability are areas which have definitely been tightened up.
PRE-APPROVALS are strongly recommended. The earlier a pre-approval is arranged the better for everyone. Pre-approvals are not guarantees of subsequent approval but are still valuable, particularly if buyers are signing an unconditional Contract of Sale at auction.


Please be aware that lenders are under the pump with high levels of new applications, particularly the four major banks. Where contracts have finance clauses, a minimum of 10 WORKING DAYS should be allowed for unconditional finance approval. Some banks are taking 15 working days to unconditionally approve a loan. If a pre-approval has been arranged, unconditional approval may becomes easier as some of the application assessment work has already been done by the lender prior to purchase.

Melbourne Mortgage Finance is available 24/7 to assist clients who are keen to purchase or arrange loan pre-approval prior to purchase.

Melbourne Mortgage Finance offers an extensive range of mortgage products and services including

Home Loans, Investment Loans, Equity Access Loans, Low Doc Loans, 100% Loans, Refinance Loans, Commercial Loans, Deposit Bonds, Reverse Mortgages, Accommodation Bonds, Vehicle Finance, Plant and Equipment Finance, Financial Planning and Business Finance.

IMMEDIATE appointment can be made to meet at your home or office

  • NO CHARGE for assisting you. We receive a standard fee from the lender you select
  • reliable service, communication and follow-up. See “Testimonials
  • accreditation with 20 national lenders, allowing you to select from an excellent range of loans
  • we carefully listen to your needs, do our research, then present you with a short-list of three potential loan solutions. You choose the lender.
  • printouts of products, fees, interest rate and loan features are provided
  • arrange for your property insurance and personal insurance requirements to be assessed
  • ongoing availability to assist you after loan settlement
  • over 30 years experience in arranging finance and mortgage loans