Looking for a Mortgage Broker Melbourne

Discussion in 'Loans & Mortgage Brokers' started by LookingforGreenerGrass, 3rd Feb, 2017.

Join Australia's most dynamic and respected property investment community
Tags:
  1. LookingforGreenerGrass

    LookingforGreenerGrass New Member

    Joined:
    10th Nov, 2016
    Posts:
    1
    Location:
    Victoria
    Hey there guys,

    Looking to purchase my first IP. Have a fair bit of capital behind me and have slowly built up my knowledge to gain a good idea + strategy.

    Recently I have met with 2 mortgage brokers, both nice gave me some useful information but I am really looking for a broker with a decent property portfolio who can help me and and also educate me further. Last two I spoke to were very held back when discussing their properties, one would not even discuss it after I asked a few times making believe he didn't have any at all.

    Just wondering if anyone can recommend a savvy broker in Melbourne who has been of great service to to you?

    Thanks in advance!
     
    LookingforGreenerGrass, 3rd Feb, 2017
    #1
    Mitesh Dedhia likes this.
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

    Joined:
    18th Jun, 2015
    Posts:
    41,996
    Location:
    Australia wide
    This same question came up here about a week ago.
     
    Terry_w, 3rd Feb, 2017
    #2
  3. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

    Joined:
    18th Jun, 2015
    Posts:
    6,685
    Location:
    Perth WA + Buderim Qld
    Pete Tersteeg is Melbourne based, but otherwise have a read of the forums and see which brokers you connect with - all the forum brokers are happy to work Australia wide and I'm sure would be happy to chat property with you.
     
    Jess Peletier, 3rd Feb, 2017
    #3
  4. Redom

    Redom Mortgage Broker Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    4,658
    Location:
    Sydney (Australia Wide)
    Pete's more than able to do the job I'm sure. @Mitesh Dedhia - pretty sure his got runs on the board in portfolio accumulation.

    Often its about who you've worked with, rather than what they own. I.e. a broker whose worked with people who've done what you want to do is pretty valuable.
     
    Redom, 3rd Feb, 2017
    #4
    Mitesh Dedhia likes this.
  5. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    10,653
    Location:
    Gold Coast (Australia Wide)
    + 1 and 1

    ta
    rolf
     
    Rolf Latham, 3rd Feb, 2017
    #5
    Mitesh Dedhia and Jess Peletier like this.
  6. Wukong

    Wukong Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    415
    Location:
    NSW
    Essentially, you're looking for a broker who would share his financial situation with you.

    Figured it was always the other way around :) Your information in exchange for their loan structuring expertise.

    What does that achieve other than the fact that's he/she is a property investor. If his/her accumulation started 20 years ago, it'll be very different to how you would do it today.
     
    Wukong, 3rd Feb, 2017
    #6
    Jess Peletier likes this.
  7. JacM

    JacM VIC Buyer's Agent - Melbourne, Geelong, Ballarat Business Member

    Joined:
    12th Jul, 2015
    Posts:
    2,219
    Location:
    Melbourne, Australia
    JacM, 3rd Feb, 2017
    #7
    Mitesh Dedhia likes this.
  8. KateAshmor

    KateAshmor Victorian Conveyancing Lawyer Business Member

    Joined:
    25th Jun, 2015
    Posts:
    711
    Location:
    Melbourne
    KateAshmor, 6th Feb, 2017
    #8
  9. MD90

    MD90 Member

    Joined:
    1st Aug, 2017
    Posts:
    12
    Location:
    Melbourne
    Who did you end up going with?
     
    MD90, 23rd Aug, 2017
    #9
  10. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
    3,980
    Location:
    Canberra, Brisbane and Sunshine Coast
    Agreed.

    You might find an amazing broker who doesn't own any property - it does't mean that they don't understand the fundamentals of IP loan structuring.

    Conversely - you might find a broker who has a sizeable portfolio but has only been in the game for a few months.

    Cheers

    Jamie
     
    Jamie Moore, 23rd Aug, 2017
    #10
    Jess Peletier likes this.
  11. Brady

    Brady Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,570
    Location:
    Adelaide, SA
    Just incase you didn't feel for the other recommendations....

    @Peter_Tersteeg
     
    Brady, 23rd Aug, 2017
    #11
  12. ross100

    ross100 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    231
    Location:
    Melbourne
    ross100, 23rd Aug, 2017
    #12
    Mitesh Dedhia likes this.