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Mortgage Brokers in OakleighVIC 3166

About Oakleigh

Oakleigh is a lively suburb located in Victoria, Australia, with a population of around 24,700 individuals, and it boasts a dynamic and diverse community. With a median age of 37, Oakleigh is known for its youthful and energetic atmosphere, and it offers an array of amenities that cater to its residents' needs.

One of its major landmarks is the Oakleigh Central Shopping Centre, which offers a range of retail options as well as dining establishments. It is located conveniently on the corner of Hanover Street and Portman Street. Furthermore, Oakleigh also offers two magnificent parks- Scotchmans Creek Linear Park and Warrawee Park, that are great for outdoor activities such as picnics, walks, and bike riding.

Transportation options in Oakleigh are plentiful, with multiple bus routes and a train station that links to Flinders Street Station, making commuting to the city centre effortless. The suburb also has easy access to major arterials such as the Monash Freeway and Dandenong Road, allowing easy accessibility to other suburbs.

In summary, Oakleigh is a friendly, lively, and convenient suburb with plenty of transport accessibility and amenities, making it an appealing location to live for people of all ages.

Featured Mortgage Brokers that service Oakleigh, VIC

Suburb Snapshot - Oakleigh, VIC 3166

Population

24,700

Median Age

37

Median Mortgage Repayment

$2,167 / month

Median Rent Payment

$1,803 / month

Median Household Income

$102,960 / year

Properties Owned Outright

32%

Properties Owned with Mortgage

33%

Properties Rented

36%

Morgage Brokers in Oakleigh & Surrounding Areas


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Frequently Asked Questions about Mortgage Brokers in Oakleigh, VIC 3166

How much does it cost to use a Mortgage Broker in Oakleigh, VIC 3166?


Mortgage Brokers in Oakleigh, VIC 3166 generally don't charge for their services, and if they do, will let you know upfront before any service takes place. Mortgage Brokers in Oakleigh, VIC 3166 are generally paid for their services by a lender once you get your loan.

What grants and/or incentives are available to buy a house in Oakleigh, VIC 3166?


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 Oakleigh, VIC we'd suggest getting in touch with a Mortgage Broker or reaching out to us here.

How can I become a Mortgage Broker in Oakleigh, VIC 3166?


To become a Mortgage Broker in Oakleigh, VIC 3166, you generally need to obtain a Mortgage Broker Diploma.

To obtain a Mortgage Broker Diploma in Oakleigh, VIC 3166, 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 services can Mortgage Brokers in Oakleigh, VIC 3166 help with?


Mortgage Brokers in Oakleigh, VIC 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 can I borrow to buy in Oakleigh, VIC 3166?


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 Oakleigh, VIC, get your Free Borrowing Capacity here.

Where else can Mortgage Brokers in Oakleigh, VIC 3166 help?


Mortgage Brokers in Oakleigh, VIC 3166 can usually help in the surrounding areas including: Hughesdale, Holmesglen, Chadstone Centre, Huntingdale, Murrumbeena, Chadstone, Oakleigh South, Oakleigh East

What does a Mortgage Broker in Oakleigh, VIC 3166 do?


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

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