Mortgage Broker Essendon | Home Loans Essendon
Essendon is an Inner suburb in Melbourne, Victoria, Australia, 8 km north-west of Melbourne's central business district, located within the City of Moonee Valley local government area.
The suburb features stunning Victorian and Edwardian homes along tree-lined streets, making it highly attractive to families and professionals. Transport links: Very good – Essendon is close to the city centre with excellent public transport links, ensuring a quick and easy commute
Property Update: Essendon
Last month Essendon had 147 properties available for rent and 179 properties for sale. Median property prices over the last year range from $1,745,000 for houses to $539,000 for units. If you are looking for an investment property, consider houses in Essendon rent out for $745 PW with an annual rental yield of 2.5% and units rent for $475 PW with a rental yield of 5.0%.
Start your home loan journey today
The home loan process
If you're looking at getting into the property market, it's important to check that you're ready. Once you have chosen a home loan that’s right for you, it’s time to submit an application. The process varies between lenders, but we’ve provided a general order of events below.
- Meet with our Mortgage Broker, Max O’Sullivan
If you’re ready to purchase a new property, the first step is to meet with our team to discuss your financial & lifestyle goals. We'll search through hundreds of home loans to find the one that's right for you, calculate your borrowing power, work out repayments and answer any questions that you may have. - Prepare the application
Once we've helped you choose the loan that's right for you, we'll help you prepare the application and guide you through the process. - Conditional and unconditional approval
The lender will provide conditional approval while they organise the property valuation and conduct a credit check. We'll stay in touch with the lender and keep you informed along the way. After this step, your loan will become unconditional, which is a formal acknowledgement that your home loan application has been approved. - Complete loan documents and settlement
Your loan is both a significant financial commitment and a strong financial foundation. Once your loan documents arrive, we'll organise a time to meet and help you complete the document.
If you're purchasing a property, your solicitor/conveyancer will organise settlement directly with the lender, according to the settlement date on the contract of sale. If you're refinancing your existing home loan, the lenders will liaise directly to exchange the documents.
To learn more, watch our short video below.
To arrange an appointment, please call Max O'Sullivan on 0477 886 121.
Max and his team can also help with:
Smoother experience as they have all your information.
Better understanding of your financials to provide tailored advice. 
Faster response compared to being matched with a new broker.
