Mortgage Broker Adelaide

A local mortgage broker for Adelaide

Getting a home loan in Adelaide comes down to three things: knowing the local market, comparing enough lenders, and being guided clearly through the process. We are a South Australian team with accreditation across a panel of more than 70 banks and lenders, so you are comparing the market rather than taking whatever one bank offers.

We help buyers right across greater Adelaide, from the beachside south around Seacliff and Brighton, to the leafy eastern suburbs around Norwood and Burnside, the northern growth corridors, the west, and the Adelaide Hills. Wherever you are looking, we know the market and the lenders most likely to say yes to your situation.

Why use a broker instead of your bank

Your bank can only ever offer you its own products. We compare dozens of lenders, so if your own bank is not competitive, or its policy does not suit your income, we simply find one that does. That choice alone can be worth thousands over the life of your loan.

There is also a legal difference. As mortgage brokers we are bound by a Best Interests Duty, a legal obligation to act in your best interests when we recommend a loan. The staff member selling you a loan inside a branch is not held to that duty. You can read more about how we operate on the about Ross page, and why a broker is worth it in how much can I borrow.

The Adelaide market and your deposit

Adelaide has moved a long way in recent years, and prices vary enormously by suburb, from more affordable pockets in the north and outer south to premium beachside and eastern suburbs. Knowing the real median for the suburb you are targeting tells you the deposit and borrowing capacity you will realistically need before you start making offers.

As a rule of thumb, a 20 per cent deposit avoids Lenders Mortgage Insurance, while lower deposit options of 5 to 10 per cent are available with LMI or through schemes. We run your genuine borrowing power across the panel and map out the deposit, repayments and upfront costs for your specific plans. Start with the borrowing power calculator and the stamp duty calculator.

First home buyers in Adelaide

South Australia has genuinely useful first home buyer support, and it is not always what national sites describe. Eligible buyers building or buying a brand new home may receive the $15,000 First Home Owner Grant. South Australia has also removed stamp duty for eligible first home buyers building or buying a new home, with no price cap, which can save many thousands.

Then there is HomeStart Finance, the SA government lender designed for buyers with smaller deposits, an option many national brokers overlook entirely. And the federal First Home Guarantee can let eligible buyers purchase with as little as a 5 per cent deposit and no LMI. We help you understand which of these apply to you and match you to the right lender. See the first home buyer guide for the full picture.

Refinancing in Adelaide

If you already own in Adelaide, there is a good chance your loan can be improved. Lenders reserve their sharpest pricing for new customers, so loyal borrowers quietly drift onto higher rates over time. A full refinance review across our panel can show whether your rate can be lowered, your repayments reduced, or equity released for renovations or your next purchase.

We weigh the switching costs against the savings honestly, so you only move if it genuinely pays. Read our refinancing guide for when it is worth it and what it costs.

Investing in Adelaide

Adelaide has attracted strong investor interest thanks to relatively accessible entry prices and solid rental demand. For investors, we structure lending around your goals, borrowing capacity and the rest of your portfolio, and select lenders that suit investment scenarios. We assess rental return using current data rather than rules of thumb, and we help you understand the trade-offs between fixed and variable, interest-only and principal and interest, and how to keep your options open. See fixed vs variable and interest-only home loans.

Suburbs and regions we cover

We service the whole of greater Adelaide and beyond. That includes the southern beaches around Seacliff, Brighton and Glenelg; the eastern suburbs around Norwood, Kensington and Burnside; the inner north around Prospect and Walkerville; the northern growth areas; the west; and out into the Adelaide Hills, Barossa and Fleurieu. Each suburb has its own market and its own mix of buyers, and we tailor our advice accordingly.

If you are looking in a specific suburb, we have local mortgage broker pages with the median price, deposit and grants for dozens of Adelaide suburbs, so you can see exactly what buying there involves before you talk to us.

How to work with us

We make it easy. You can meet us in person at one of our two Adelaide offices, chat by video, or have a broker come to you, whatever suits. Both offices are a manageable drive from most of Adelaide, so you are never dealing with an interstate call centre that has never heard of your suburb.

The first conversation is free, with no obligation. We work out your borrowing power, map the grants and costs, and give you a clear plan.

Common Adelaide home loan mistakes to avoid

A few avoidable missteps cost Adelaide buyers more than they realise. The first is walking into your own bank and taking the first rate offered, without ever seeing what the other lenders would do; loyalty is quietly expensive. The second is house hunting before you know your real borrowing power, then falling for a home you cannot fund. The third is forgetting the upfront costs beyond the deposit, stamp duty, conveyancing and inspections, and being caught short at settlement.

Others include leaving unused credit card limits open, which lenders count against your borrowing power, and assuming you do not qualify for first home buyer help when South Australia’s grants, stamp duty relief and HomeStart may well apply to you. We walk you through all of it before you make an offer, so nothing catches you out. If you are buying your first home, the upfront costs guide and the First Home Guarantee explainer are good next reads.

Common questions