Why use a Mortgage Broker Tamarama?

Finding a home loan is fast and easy with a Your Local Finance mortgage broker. Unlike the banks, we’re wholly independent and can assess your needs against hundreds of loans from Australia’s top bank and non-bank lenders, giving you greater selections and saving you money.

We’re motivated by finding the most competitive deals that meets your personal circumstances. We’re not pushing our own loan products.

Efficient service.

Once you register with us, we set out to find the products you qualify for and who is offering the most suitable deal. The process is quick and easy using our customised IT software, giving us instant access to all the loan information you need to make your decision, which is updated daily. And when you’re ready to apply, we’ll lodge your application online for lightening-fast processing.

Objective Advice.

Unlike individual lenders vying for your business, we take an objective approach by impartially calling on a panel of over 35 lenders including banks and non-banks, Commonwealth Bank, Adelaide Bank, and ANZ. This means that when we recommend home loan products, you can be assured our advice is unbiased.

How does a mortgage broker work?

The amount of deposit required varies from person to person and is dependent on your borrowing capacity, the value of your purchase and the other costs involved such as stamp duty, legal fees and Lenders Mortgage Insurance. Generally speaking however, you need a deposit of at least 5% of the property’s value.

We are committed to serving the best interests of our clients at all times. This may mean recommending to a client that they delay their home loan application until more of a deposit has been saved to ease the pressure of high repayments. The fact is, no two borrowers are the same and we assess every set of circumstances individually in order to determine the best course of action to take.