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Broker in Melbourne

Discussion in 'Property Finance' started by AMelbZ, 13th Jul, 2016.

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  1. AMelbZ

    AMelbZ Member

    Joined:
    13th Jul, 2016
    Posts:
    13
    Location:
    Melbourne
    Hi Everyone,

    I'v just joined this forum. I want to buy an IP and want to use the equity that I have on my ppor for the down payment. I want to contact my bank via a broker to facilitate this process. Then once I have the funds in the offset account then I am gonna buy an IP.

    Is there any broker from Melbourne here? Or do you know anyone?
    Using broker does not have any cost for me and potentially I am gonna get a better deal ,am I right?

    Thanks
     
  2. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,159
    Location:
    Canberra and Sydney
    Brokers generally don't charge a fee for service - we're paid a commission from the bank.

    Can we get better deals? Possibly.

    Focus more on using a broker that will give excellent advice on loan structure and longer term planning to grow your portfolio.

    Plenty of brokers on here to choose from.

    Cheers

    Jamie
     
  3. Hodge

    Hodge Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    514
    Location:
    Melbourne
    Definitely use a broker. I'd be calling Jamie- he's on the ball and will help you out. Done wonders for me.
     
  4. Coota9

    Coota9 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    970
    Location:
    Melbourne
    I have used @Peter_Tersteeg and recommend him highly.

    Do a search on his posts and you will get a feel for his level of experience which is first rate.
     
  5. TaylorChang

    TaylorChang Well-Known Member

    Joined:
    2nd Jul, 2015
    Posts:
    167
    Location:
    Sydney