Yes. Our service comes at no direct cost to you. We are paid by the lender once your loan settles, so you receive our advice, support, and guidance without paying a fee.

A mortgage broker helps you navigate the entire home loan process from start to finish. This includes understanding your borrowing capacity, comparing loan options, managing applications and paperwork, liaising with lenders, and supporting you right through to settlement.

Our role is to simplify the process and make sure the loan suits your situation, not just today but into the future.

Going directly to a bank gives you access to that bank’s own home loan products. Using a mortgage broker allows you to compare home loan options from a range of lenders, with guidance on features, policies, and suitability based on your circumstances.

In many cases, yes. We work with a wide range of lenders and can compare rates, features, and lending policies to find a competitive option for your circumstances. We can also request pricing reviews where appropriate, particularly for refinances.

Coastal Broking is based on the Mid North Coast of New South Wales, but we work with clients Australia wide. Our service is fully digital and mobile, which means we can meet by phone or video call at a time that suits you.

Borrowing capacity depends on your income, living expenses, existing debts, deposit size, and lender policies. Online calculators provide an estimate, but for an accurate figure for YOU, we would need to meet to assess your individual financial situation.

We have a Free to use Borrowing calculator that can give you an estimate here.

No. While a 20% deposit can help avoid Lenders Mortgage Insurance, many buyers purchase with a smaller deposit. Eligibility depends on lender requirements and available schemes.

Lenders Mortgage Insurance protects the lender if a borrower defaults on a loan with a low deposit. It allows some buyers to purchase with less than a 20% deposit but increases the overall loan cost.

Refinancing may be worth considering if your interest rate is high, your loan no longer suits your needs, or your financial situation has changed. A review can help determine if switching loans is beneficial.

Refinancing can reduce repayments or interest over time, but costs such as fees and charges should be considered. Savings depend on the new loan terms and how long you keep the loan.

A formal loan application usually involves a credit check, which can affect your credit file. Multiple applications in a short period may have a greater impact, which is why careful planning matters.