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Mortgage Brokers in North WardQLD 4810

About North Ward

North Ward, QLD 4810 is a vibrant coastal suburb located in the city of Townsville, Queensland. This idyllic suburb is situated on the coastline and offers breathtaking views of Magnetic Island, which is a popular landmark located only 8km from the coast.

Apart from Magnetic Island, North Ward is home to two other famous landmarks, Queens Gardens and Strand Park. Queens Gardens is a picturesque park with beautiful walking paths, a lush green lawn and a man-made water fountain. On the other hand, Strand Park is an expansive public park with a large open-air amphitheatre, a water park, paddle boats on the lagoon, and an outdoor gym.

North Ward offers various transportation options to its population of 23136, including public transport, car rentals, taxis, and Uber services. The Townsville Airport is approximately a 15 to 20-minute drive from the suburb. Moreover, public transportation via train and bus is available near the town centre.

The median age of the population is 40, but the suburb is a lively mix of young professionals, families, and retirees. The residents of North Ward, QLD 4810 enjoy the relaxed and laid-back coastal lifestyle, the abundance of outdoor recreational activities, and easy access to essentials such as supermarkets, local shops, cafes, and restaurants.

Featured Mortgage Brokers that service North Ward, QLD

Suburb Snapshot - North Ward, QLD 4810

Population

23,136

Median Age

40

Median Mortgage Repayment

$1,600 / month

Median Rent Payment

$1,304 / month

Median Household Income

$83,720 / year

Properties Owned Outright

25%

Properties Owned with Mortgage

26%

Properties Rented

49%

Morgage Brokers in North Ward & Surrounding Areas


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Frequently Asked Questions about Mortgage Brokers in North Ward, QLD 4810

How much can I borrow to buy in North Ward, QLD 4810?


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 North Ward, QLD, get your Free Borrowing Capacity here.

What services can Mortgage Brokers in North Ward, QLD 4810 help with?


Mortgage Brokers in North Ward, QLD 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.

How much does it cost to use a Mortgage Broker in North Ward, QLD 4810?


Mortgage Brokers in North Ward, QLD 4810 generally don't charge for their services, and if they do, will let you know upfront before any service takes place. Mortgage Brokers in North Ward, QLD 4810 are generally paid for their services by a lender once you get your loan.

What does a Mortgage Broker in North Ward, QLD 4810 do?


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

Mortgage brokers in North Ward, QLD 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 North Ward, QLD is to help borrowers navigate the complex home loan market and find the most suitable loan for their needs.

How can I become a Mortgage Broker in North Ward, QLD 4810?


To become a Mortgage Broker in North Ward, QLD 4810, you generally need to obtain a Mortgage Broker Diploma.

To obtain a Mortgage Broker Diploma in North Ward, QLD 4810, 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.

Where else can Mortgage Brokers in North Ward, QLD 4810 help?


Mortgage Brokers in North Ward, QLD 4810 can usually help in the surrounding areas including: Townsville, Townsville City, Castle Hill, South Townsville, Belgian Gardens, West End, Rowes Bay, Hyde Park Castletown

What grants and/or incentives are available to buy a house in North Ward, QLD 4810?


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 North Ward, QLD we'd suggest getting in touch with a Mortgage Broker or reaching out to us here.