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Mortgage Brokers in KensingtonWA 6151

About Kensington

Kensington, WA 6151 is a delightful suburb that boasts two major parks perfect for taking a stroll, jogging or picnicking. These are McDougall Park and Kensington Bushland Reserve, both conveniently situated in the suburb. In addition to the parks, the suburb also features landmarks such as the old post office and the Kensington Police Station.

Transportation in Kensington, WA 6151 is quite convenient. For those who prefer traveling by train, the Victoria Park train station is only a 10 to 15-minute walk away. Alternatively, the bus stop is situated right across the street from the station. Additionally, the Curtin University shuttle bus is available during weekdays, making it simpler for students to commute back and forth from the university.

Kensington, WA 6151 has a population of 16,899, making it a bustling suburb. The median age is around 40 years old, which means there is a mix of both young families and older residents in the area. The area is vibrant and welcoming, with plenty of amenities such as shopping centers, restaurants, cafes, and supermarkets. All in all, the suburb is a great place to live in, offering all the necessary conveniences that make for a comfortable and enjoyable lifestyle.

Featured Mortgage Brokers that service Kensington, WA

Suburb Snapshot - Kensington, WA 6151

Population

16,899

Median Age

40

Median Mortgage Repayment

$2,388 / month

Median Rent Payment

$1,629 / month

Median Household Income

$109,876 / year

Properties Owned Outright

33%

Properties Owned with Mortgage

27%

Properties Rented

40%

Morgage Brokers in Kensington & Surrounding Areas


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Frequently Asked Questions about Mortgage Brokers in Kensington, WA 6151

What grants and/or incentives are available to buy a house in Kensington, WA 6151?


Grants and inventives available include the First Home Guarantee, Family Home Guarantee, First Home Owner Grant, First Home Super Saver Scheme and potentially some Stamp Duty related excemptions. To understand what you might qualify for in Kensington, WA we'd suggest getting in touch with a Mortgage Broker or reaching out to us here.

How much does it cost to use a Mortgage Broker in Kensington, WA 6151?


Mortgage Brokers in Kensington, WA 6151 generally don't charge for their services, and if they do, will let you know upfront before any service takes place. Mortgage Brokers in Kensington, WA 6151 are generally paid for their services by a lender once you get your loan.

How much can I borrow to buy in Kensington, WA 6151?


Your Borrowing Capacity depends on a number of factors including how much you earn, your expenses and the size of your household. To understand more about your borrowing capacity and whether you can afford to buy in Kensington, WA, get your Free Borrowing Capacity here.

What services can Mortgage Brokers in Kensington, WA 6151 help with?


Mortgage Brokers in Kensington, WA can usually help with:

  • Home Loans

  • Refinancing Loans

  • Investment Loans

  • Construction loans

  • Building Loans

  • Bridging loans

  • SMSF loans

  • Equity Access Loans


If you're not sure who can help, feel free to send us an email here and we'll try to find someone you can help you.

Where else can Mortgage Brokers in Kensington, WA 6151 help?


Mortgage Brokers in Kensington, WA 6151 can usually help in the surrounding areas including: Victoria Park, South Perth, South Perth Angelo St, East Victoria Park, Burswood, Bentley, Bentley South, Como

How can I become a Mortgage Broker in Kensington, WA 6151?


To become a Mortgage Broker in Kensington, WA 6151, you generally need to obtain a Mortgage Broker Diploma.

To obtain a Mortgage Broker Diploma in Kensington, WA 6151, you will need to complete a Certificate IV in Finance and Mortgage Broking and meet other educational requirements set by the Australian Securities and Investments Commission (ASIC).

The Certificate IV in Finance and Mortgage Broking is a nationally recognised qualification that can be obtained by completing a course of study with an accredited training provider. The course typically covers topics such as lending and credit assessment, loan structuring, compliance and legislation, and communication and customer service.

To meet the educational requirements for a Mortgage Broker Diploma, you may also need to complete additional studies in business management, finance, or related fields. The exact requirements may vary depending on the state or territory in which you plan to work and the industry body to which you are affiliated.

Once you have completed the necessary education and training, you will also need to obtain accreditation from a lender panel and register with ASIC as a credit representative.

It's important to note that obtaining a Mortgage Broker Diploma is just one step in becoming a successful mortgage broker. To excel in this field, you will also need to have strong communication skills, a good understanding of the lending market, and a commitment to providing excellent customer service.

What does a Mortgage Broker in Kensington, WA 6151 do?


A mortgage broker in Kensington, WA acts as an intermediary between borrowers and lenders, helping people find and apply for home loans.

Mortgage brokers in Kensington, WA typically have access to a wide range of lenders and loan products, including those from major banks, smaller lenders, and non-bank lenders. They can provide advice and guidance on the various types of loans available, including fixed and variable rate loans, as well as features such as offset accounts, redraw facilities, and more.

Once a borrower has chosen a loan, the mortgage broker will assist with the application process, helping to gather all necessary documentation and submitting the application to the lender on the borrower's behalf. They will also liaise with the lender throughout the application process, keeping the borrower informed and addressing any issues that may arise.

Overall, the role of a mortgage broker in Kensington, WA is to help borrowers navigate the complex home loan market and find the most suitable loan for their needs.