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






Key lending issues

  • No change to official RBA interest rates in July
  • First Home Owners Grant continues until 30.06.2012. Refer details.
  • New stamp duty concessions effective from 01.07.2011. Refer details.
  • Excellent variable rate loans below 7%pa are still available
  • New legislation banning early repayment fees now effective on loans approved from 01.07.2011
  • Several lenders have reduced their 3 year fixed rates


This table shows some of the residential mortgage products currently available for a $300,000 loan. Current 3 year fixed rates, initial setup fees and maximum loan-to-valuation ratios (LVRs) are also shown:

Lender Loan
$ Setup

max %

3 Year
Fixed %
Aust First Mortgage Complete ProPack<65% 6.85 435 65 7.63
Bankwest Premium Select<75% 6.85 nil 75 7.44
PLAN Lending/nab Performance Plus<65% 6.88 nil 65 7.25
Bankwest 3 year Super Start 6.90 nil 95+LMI 7.44
Homeside/nab HomePlus<75% 6.90 162 75 7.29
Aust First Mortgage Complete ProPack 6.95 435 90 7.78
Citibank Mortgage Plus <70% 6.95 600 70 7.32
ING Simplifier Smartpack 6.96 719 95+LMI 7.19
PLAN Lending/nab Performance Plus 65-90% 6.98 nil 90 7.35
Adelaide Bank SmartSaver 6.99 895 95+LMI 7.59
CBA Rate Saver 3 year Special 6.99 750 95+LMI 7.39
Macquarie Classic 6.99 nil 95+LMI 7.59
Police&Nurses CU Dream Home Loan 6.99 1342 95+LMI 6.99
Rock Bldg Soc Rock Star Special 6.99 200 90+LMI 7.14
Homeside/nab HomePlus 75-90% 7.00 162 90 7.29
ANZ Simplicity Plus Special 7.00 nil 92 7.24
St George Advantage Special 7.00 495 95+LMI 7.29
CBA MAV Variable<75% 7.01 500 75 7.24
Citibank Basic Special 7.02 600 80 7.32
AMP Basic Variable 7.02 545 90+LMI 7.29
Heritage Bldg Soc Basic 7.03 600 90 7.15
CBA MAV Variable 7.06 500 95+LMI 7.24
Westpac Flexi First 7.06 nil 95+LMI 7.29
AMP Pro Pack 7.07 644 90+LMI 7.19
St George Basic 7.08 100 95+LMI 7.44
Adelaide Bank Variable Smartfit 7.09 895 95+LMI 7.59
Bankwest Premium 7.10 nil 95+LMI 7.44
CBA No Fee 7.11 nil 95+LMI 7.39
ING Simplifier 7.12 220 95+LMI 7.19
PLAN Lending Mortgage Plus >90% 7.13 nil 95+LMI 7.50
Suncorp Money Manager 7.13 300 95+LMI 7.39
Phoenix Circle CU Standard 7.15 nil 95
Westpac Rocket Premier 7.16 395 95+LMI 7.09
Notes : maximum LVR for purchases is 95%, but 90% for refinances
: +LMI indicates lenders who are willing to add Lender’s Mortgage Insurance to the base loan amount
: “low doc” loans are available up to 80% LVR, but at higher rates than shown


$7000 for established properties priced up to $750,000
$20,000 for newly -built homes in Melbourne area: Building Agreement construction price cannot exceed $600,000
$26,500 for newly -built homes in Regional areas: Building Agreement construction price cannot exceed $600,000
First home buyers must occupy the home within 12 months and live there for at least 6 months


There are 2 stamp duty concessions currently available in Victoria (use Vic. State Revenue Office form 53B)

  • Principal Place of Residence: for any owner-occupier who will live in the property for 12 months. The maximum price is $550,000. Maximum stamp duty discount is $3,100
  • 20% First Home Buyer stamp duty discount: Buyers must be eligible for the FHOG and be settling a purchase after 01.07.2011. Purchase price must not exceed $600,000.

First home buyers can receive BOTH the duty discounts if buying for less than $550,000 in Victoria

Example: Purchase price $500,000 (owner occupied residence) Normal stamp duty $25,070
PPR discount 3,100
= Net duty 21,970
20% FHB discount 4,394
= Balance payable 17,576

Please call Melbourne Mortgage Finance for FREE and IMMEDIATE assistance in arranging your loan.

Barry LeBrocq

Melbourne Mortgage Finance
Patterson Lakes, VIC 3197
Mob 0437417042
Web www.mmfinance.com.au

Disclaimer: The above information is intended as general information only and is not intended to address specific personal situations. While every effort has been made to ensure accurate content, it should be understood that loan products, interest rates and fees change frequently without notice. Potential borrowers should contact Melbourne Mortgage Finance to verify details and discuss their specific needs and loan eligibility.

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