Mortgage Brokers Geraldton

Take the guesswork out of finding the best mortgage brokers in Geraldton. Access top-rated home loan professionals online.
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, updated on August 8th, 2023       

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If you’ve been thinking about using a mortgage broker to help with your new home, you've come to the right place. Savvy partners with the top home loan specialists in Australia to give home buyers more access to cheaper products, features, and lower interest rates.

The town is situated about 414km further north, up the coast from Perth and through Lancelin and Dongara. It's a hidden gem, and one of the most attractive coastal settlements in Australia, popular with tourist fishermen and surfers who visit both for the natural attributes and friendly hospitality. If you’re looking to put down more permanent roots there, amazingly, you can still pick up a house for the median price of just $330,000, with apartments selling for $185,000 on average.

How will a Savvy broker go about finding me a cheaper owner-occupier mortgage?

As effective as the internet is, there’s often no substitute for sitting down and talking with a mortgage broker. Homebuyers are afforded more scope to discuss their goals and finances with their Savvy mortgage broker, who can ask pertinent questions based on their experience within the industry. The effect is just as worthwhile over the phone and can lead to significant home loan savings.

Apart from their expertise, where our brokers have the edge compared to going to your bank is how they're connected with choice and competition. They partner with a wide range of lenders, occupying different parts of the lender landscape, like banks, non-banks, and independent financiers. That opens up more products and features for home buyers – and just as important – creates competition, which can lead to lower home loan interest rates.

Comparing standard owner-occupier home loans is where brokers begin tailoring a home loan to most buyers. After that, they’ll look more broadly at your financial situation and your aims, considering a broad range of add-ons and options like fixed or variable-rate repayments, offset accounts, redraw facilities, and even split-rate home loan repayments in order to maximise your savings and minimise your mortgage outgoings.

Can a mortgage broker help me build a new home?

With so much development taking place in Geraldton, local mortgage brokers are used to finding cost-effective ways to finance new builds, and they’ll work tirelessly to find you the right house and land package loan or a vacant land loan that meets your specific needs.

Depending on whether you’re ready to start construction or if you’re going to use a developer to build your home, a local broker can find you the right loan option with a low interest rate.

Can a Savvy mortgage broker help investors save money?

They absolutely can, and they’ll save you a whole heap of time too. Mortgage brokers perform a start-to-finish service for property investors, sourcing the best solution from a range of the most cost-effective investor home loans out there and then assisting with your application.

Geraldton isn’t a bad spot to consider a second home. Of its 38,000 residents, around 25% are tenants, which means an active rental market. Couple that with weekly rents of around $320 and $240 respectively for houses and apartments, and heathy rental yields above 5% for both and it’s difficult to find a reason not to get involved.

Mortgage brokers do the legwork and worrying for you. They’ll liaise with the vendor’s people, your own solicitor or conveyance, as well as the lender to make sure everything keeps moving along and your mortgage gets settled faster.

What’s the best way to find the ideal mortgage broker for me?

Homebuyers who connect with a mortgage broker through Savvy can be sure they’re getting access to a carefully vetted, MFAA or FBAA-approved home loan specialist.  

We only partner with mortgage brokers who match our high standards for sourcing the right financial products and features that help all sorts of Australians achieve their goals. 

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