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 variable interest rates again in October
  • 95% loans readily available for borrowers with solid income, employment and savings record
  • some lenders have further reduced their 3 year fixed rates. 16% of new loans now fixed rate
  • more lenders offering lower variable rates for loans below 80% of property value
  • stamp duty savings and lower prices encourage First Home Buyers
  • several lenders offering cash incentives to encourage refinance from other banks
  • second tier banks and non-bank lenders offering excellent deals


This table shows SOME of the better residential mortgage products currently available for a $300,000 loan from well-known lenders. Initial set-up fees, maximum loan-to-valuation ratios (LVRs) and 3 year fixed rates are shown.

Lender Loan
$ Setup

max %

3 Year
Fixed %
Suncorp Money Manager<80% 6.80 300 80 6.45
PLAN Lending/nab Performance Plus<75% 6.85 nil 75 6.49
Aust First Mortgage Complete ProPack<75% 6.85 435 75 6.72
Bankwest Premium Select<75% 6.85 nil 75 6.59
Heritage Bldg Soc Discount Variable 6.85 600 95 6.35
Homeside/nab HomePlus<75% 6.85 162 75 6.44
Police&Nurses C U Easy Pay Plus<75% 6.89 1042 75 6.35
Adelaide Bank SmartSaver 6.89 495 95+LMI 6.49
Macquarie Classic<80% 6.89 nil 80 6.69
Bankwest Super Start 6.90 nil 95+LMI 6.59
ANZ Breakfree<80% 6.90 nil 80 6.34
CBA MAV Variable<80% 6.91 500 80 6.43
PLAN Lending/nab Performance Plus 75-90% 6.95 nil 90+LMI 6.59
Bank of Melbourne Advantage<80% 6.95 495 80 6.39
Aust First Mortgage Complete ProPack 6.95 435 90+LMI 6.72
Bankwest Premium Select 6.95 nil 95+LMI 6.59
Citibank Basic <70% 6.95 600 70 6.34
Homeside/nab HomePlus 75-90% 6.95 162 90+LMI 6.44
ING Simplifier Smartpack 6.96 719 95+LMI 6.29
CBA MAV Variable 80-90% 6.96 500 90+LMI 6.43
AMP Variable Propack 6.97 645 90+LMI 6.39
CBA 3 year Rate Saver 6.99 750 95+LMI 6.74
Adelaide Bank Variable SmartFit 6.99 495 95+LMI 6.49
Macquarie Classic 6.99 nil 90 6.69
Police&Nurses C U Dream Home Loan 6.99 1342 95+LMI 6.35
Rock Bldg Soc Rock Star Special 6.99 200 90+LMI 6.29


Simplicity Plus Special 7.00 nil 92 6.49
Bank of Melbourne Advantage 7.00 495 95+LMI 6.39
AMP Basic 7.02 545 90+LMI 6.39
Citibank Basic 70-80% 7.02 649 80 6.34
Heritage Bldg Soc Basic 7.03 600 95 6.35
Police&Nurses C U Easy Pay Plus 7.04 1042 95+LMI 6.35
Aust First Mortgage Complete Variable 7.05 275 90+LMI 6.72
CBA MAV Variable>90% 7.06 500 95+LMI 6.43
Westpac Flexi First Option 7.06 nil 95+LMI 6.64
Bank of Melbourne Basic 7.08 600 95+LMI 6.54
Citibank Basic 80-90% 7.09 649 90 6.34
ANZ Simplicity Plus 7.10 nil 92 6.49
Bankwest Premium 7.10 nil 95+LMI 6.59
Homeside/nab HomePlus>90% 7.10 162 95 6.44
Suncorp Back to Basics 7.10 nil 95+LMI 6.45
CBA No Fees 7.11 nil 95+LMI 6.74
ING Simplifier 7.12 220 95+LMI 6.29
PLAN Lending/nab Performance Plus>90% 7.13 nil 95+LMI 6.74
Phoenix Circle C U Standard 7.15 nil 95
Westpac Rocket Premier 7.16 395 95+LMI 6.44
Notes : maximum LVR for purchases 95%, and 90% for refinances
: +LMI indicates lenders willing to add the Lender’s Mortgage Insurance Premium to base loan amount
: “low doc” loans are available up to 80% at higher rates than the “full doc” rates shown above
: monthly or annual fees may apply on some loans
: fixed rates shown may be subject to specific conditions


  • The security property still must be acceptable to the lender, even if a “pre-approval” has been obtained. Unusual titles such as Company Share or Stratum titles as well as High Density/Inner City units may not be accepted
  • a VEDA credit check review is essential prior to lodging a loan application
  • look at loans offered by other lenders, not just your current bank
  • attractive refinance/debt consolidation packages may result in substantial monthly cashflow benefits

Barry LeBrocq

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

Disclaimer: The above information is intended as general information only and does not address specific personal situations. Loan products, interest rates and fees change frequently without notice. Please call Melbourne Mortgage Finance to verify details and discuss your 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