melbourne home loan broker
The Melbourne Home Loan Broker You Can Trust
If you’re trying to compare home loans on your own, it’s easy to end up guessing which lender is actually offering you the best deal.
With a trusted Melbourne home loan broker, you don’t have to figure it out alone.
Oscar & Charles is a reliable mortgage broker located in Williamstown, Melbourne. We’ll help you compare options from over 90+ lenders to find the right rate, loan structure, and lender for your needs, whether you’re purchasing your first home, upgrading to a new one, or investing in a property.
Ready to start your financing journey?
0411825257
20 Years
Years in Australian home loan financing
90+
Trusted home loan lenders available to buyers
2,000+
Successful home loan applications since 2018
Why the Right Home Loan Broker Makes All the Difference
Life is constantly changing, and your home or business loan should be able to adapt as well. As a remortgage broker for 20 years, we’ve seen many reasons Melbourne locals come to us for refinancing. Here are some of them:
You're buying your first home
Deposits, paperwork, government schemes, and lender jargon can make first home buying feel more complicated than it needs to be.
As a first home buyer broker in Melbourne, we break it down so you know exactly where you stand before you start looking.
You're ready for your next home
Your first loan may not fit your life anymore.
Whether you need to upsize, relocate, or simply move on, you can change what loan structure actually works for you now with a reliable home loan broker in Melbourne.
You want more than one or two banks to choose from
A single lender can only offer their own products.
Brokers can help you compare options across a wider panel so you can choose a loan that’s to your advantage, and not just the one you happened to walk into.
Your deposit is smaller than you'd like
A 20% deposit isn't the only way in.
Guarantor loans, Lenders Mortgage Insurance, and government guarantee schemes can all bring homeownership forward, and it's worth knowing which of these actually applies to you.
Your credit history isn't perfect
Past credit issues don't automatically rule you out.
Several lenders on our panel take a broader view, and it's worth finding out (ideally from a home loan broker) where you genuinely stand rather than assuming the answer is no.
You're a professional wanting better terms
Certain professions can access reduced or waived Lenders Mortgage Insurance and other tailored lending terms.
If this applies to you, a local broker will make sure your Melbourne home loan reflects it.
How Getting a Home Loan (with Great Rates) Works with Oscar&Charles
Getting a home loan can feel complex, but we simplify the process from start to finish. Here’s how we do it:
We look at your goals, deposit, and overall financial position to understand what’s realistic and what’s possible for your situation.
Before you start comparing loans, it helps to know what you can actually borrow. At Oscar&Charles, we’ll work this out together from the get-go. But feel free to use our Borrowing Power Calculator as a starting point.
We compare rates, fees, and loan structures across our panel of 90+ lenders, then give you a clear and honest overview of your options, including the pros and cons of each.
We manage the paperwork and lender communication. You provide the information. We handle follow-ups. You choose the best option.
From conditional approval through to settlement, we ensure you stay on top of every step so nothing catches you by surprise in your home loan process.
We don’t disappear once you’re approved on your home loan. We follow up to make sure your loan continues to suit you as your situation changes.
Meet Your Melbourne Home Loan Broker
Justin Shiong started Oscar&Charles back in 2018.
With 20 years of experience in banking and finance, Justin has worked in residential lending for first-time home buyers, new home buyers, and home loans for professionals.
He has seen how overwhelming the home loan process can be for first-time and experienced buyers alike, especially when they’re left to compare lenders and navigate paperwork on their own. This is the gap that Justin aimed to fill when he established Oscar & Charles.
When you work with Oscar & Charles, you’ll benefit from a hands-on approach with an experienced home loan broker whom buyers across Melbourne trust to guide them from the initial conversation all the way to settlement.
Ready to understand your position with your home loan?
90+ Lenders We Trust Since 2018
We’ve worked with this panel of lenders since 2018, long enough to know exactly how each one operates. That’s what lets us match you with the right lender, not just any lender.
Understanding Your Home Loan Borrowing Power
Curious about how much you can borrow? Wondering how long it might take to save for a down payment? Or are you trying to decide whether to rent or buy?
As a proactive home loan broker in Melbourne, we want to make sure you have a general idea of the options available to you. Here are a few calculators to help you estimate your home loan options before you make any decisions or fill out any forms:
What Our Clients Say
Don’t just take our word for it. These are real reviews from Williamstown locals that turned into real outcomes.
Frequently Asked Questions
How much can I borrow for a home loan in Melbourne?
Your home loan borrowing power depends on your income, expenses, existing debts, and deposit size, along with each lender’s own criteria.
As your home loan broker in Melbourne, we start with a proper look at your full financial picture, not just a quick online estimate, so the number we give you actually holds up when it’s time to apply.
What deposit do I need as a first home buyer in Melbourne?
Most lenders ask for somewhere between 5% and 20% of the purchase price.
A 20% deposit avoids Lenders Mortgage Insurance, while a smaller deposit is still workable, particularly if you qualify for a government guarantee scheme. Use our Stamp Duty Calculator to see what you might save on top of that.
Can I get a home loan with bad credit?
Often, the answer is yes.
Several lenders on our panel consider credit history more broadly than the major banks do.
But every situation is unique, so as a bad credit home loan broker in Melbourne, we provide honest answers tailored to your specific circumstances.
We always begin with a thorough conversation. Transparency is always our priority. We never give a blanket yes or no response.
What is Lenders Mortgage Insurance (LMI) and can I avoid it?
Lenders Mortgage Insurance (LMI) is a one-off insurance premium that protects the lender if you’re ever unable to repay your loan.
It typically applies once your deposit drops below 20% of the purchase price.
You can avoid LMIs by putting down a larger deposit, a guarantor, or qualifying for an eligible government scheme. As one of the best mortgage brokers in Melbourne for first home buyers, we’ll show you exactly how it affects your numbers before you commit to anything.
How does a mortgage broker in Melbourne CBD help compared to going direct to a bank?
A bank can only offer its own products.
As a home loan broker working across Melbourne and the CBD, we compare dozens of lenders at once, including several with more competitive terms for CBD apartments and inner-city properties than a single bank branch typically offers. Then present you with the best options that fit your budget and long-term goals.
What government schemes are available to first home buyers right now?
Government support for first home buyers frequently changes, both in terms of its name and the eligibility criteria. Instead of relying solely on online information, it’s advisable to speak directly with a home loan broker in Melbourne.
Justin has 20 years of experience in the brokerage industry and is knowledgeable about the latest government schemes and updates. He can help you determine which options apply to your situation.
How long does home loan approval take through a broker?
The timeframe can vary depending on the lender and the completeness of your application.
What a broker really brings to the table is the ability to follow up efficiently.
As a home loans broker in Melbourne, we ensure your application is prepared accurately from the start and handle the follow-ups for you, so you don’t have to manage that process alone.
Is using a local Melbourne home loan broker free?
In most cases, yes. Brokers are typically paid by the lender once your loan settles, not by you.
Rest assured, we’ll always be upfront about anything involving payment so there are no surprises on your end. And to an extent, ours.
What's the difference between pre-approval and full approval for home loans?
Pre-approval gives you an estimate of how much you can borrow based on the information you’ve provided. It helps you house hunt with confidence.
Full approval occurs after you’ve selected a property and the lender has conducted a specific assessment of that property. This is the stage that ultimately allows you to settle on the purchase.
As your Melbourne mortgage broker, we’ll make sure you fully understand which stage of the process you’re in before making any offers.
Ready to Find the Right Home Loan with a Trusted Mortgage Broker in Melbourne?
A simple conversation with one of the best mortgage brokers in Melbourne can help you understand your home loan options from 90+ lenders. Justin will provide an honest assessment of your choices and guide you in the right direction.
Prefer to call? You may reach out to Justin directly on 041 182 5257.