Business Details
28 Years
experience
Your Trusted Mortgage Broker in Wollongong
Illawarra Mortgage Brokers has been a trusted local mortgage broker in the Illawarra region for over 25 years, providing expert guidance in home loans, refinancing, and guarantor options. Established in 1998, we hold an Australian Credit License (ACL 385841) and maintain partnerships with over 40 lenders through Connective Aggregation. Our team of certified brokers, including senior broker Peter Economos, offers personalized solutions tailored to clients' financial goals. We prioritize transparency, with a 100% free service for residential clients and no hidden fees. Our expertise in loan structuring, combined with annual professional development, ensures we deliver competitive rates and innovative strategies to save clients money.Recognized with industry awards, including the 2019 Connective Mortgage Broker of the Year for NSW, we serve diverse clients from first-home buyers to self-employed individuals. Our commitment to excellence is reflected in our 5-star Google reviews and a client-centric approach that includes home visits and flexible consultation times. With access to a wide lender panel, we specialize in finding solutions for complex cases, ensuring approvals even when traditional lenders decline. Our ongoing support post-settlement underscores our dedication to long-term client relationships.
Services
Home Loans
Refinancing
Guarantor Options
Offset Account
Fixed Rate Home Loans
Variable Rate Home Loans
First Home Buyer Loans
Debt Consolidation Loans
Details
- Year established: 1998
Highlights and features
- 25+ years of local mortgage broking experience in Illawarra
- Access to 40+ lenders for competitive loan options
- 100% free service with no hidden fees
- Certified brokers with annual professional development training
- Personalized approach with home visits and flexible hours
Associations and certifications
- Australian Credit License
- Mortgage & Finance Association of Australia
- Connective Mortgage Aggregator
What people say
Expert guidance
Personalized approach
5-star reviews
Trusted service
Experienced brokers
Services
Home Loans
We provide tailored home loan solutions for first-time buyers, investors, and homeowners upgrading their properties. Our brokers compare hundreds of products across 40+ lenders to secure competitive rates and flexible terms. With expertise in loan structuring and credit policy, we help clients navigate approvals even when traditional lenders decline, ensuring optimal outcomes for diverse financial situations.
Refinancing
Our refinancing services help clients reduce repayments, access equity, or consolidate debt by switching to better loan products. We analyze current mortgages against market offerings, considering interest rates, fees, and features. With relationships across major lenders, we streamline the process to ensure seamless transitions while maximizing savings for homeowners.
Guarantor Options
We specialize in guarantor home loans that help first-time buyers enter the market with limited deposits. Our brokers explain risks and structures clearly, focusing on limited guarantee arrangements that protect guarantors. This service enables clients to leverage family support while meeting lender criteria for approval and risk management.
Offset Account
Our offset account solutions link transaction accounts to home loans, reducing interest charges by offsetting balances against the loan principal. We advise on alternatives when offset loans aren't viable, ensuring clients understand tax implications and cash flow benefits to maximize savings over the loan term.
Debt Consolidation
We offer debt consolidation loans that combine high-interest debts into lower-rate mortgages. By leveraging property equity, clients simplify repayments while saving on interest costs. Our brokers assess eligibility across lenders to structure sustainable solutions for managing credit card debts, personal loans, and other liabilities.
People
Peter Economos
Senior Broker
Peter Economos, founder of Illawarra Mortgage Brokers since 2000, has over 35 years in mortgage broking. A certified professional with a Diploma in Finance, he leads with expertise in complex loan structuring and lender negotiations, earning industry recognition including the 2019 Connective Mortgage Broker of the Year for NSW.
Aleksandra Medeeva
Administration and Compliance Officer
Aleksandra Medeeva ensures regulatory compliance and operational efficiency at Illawarra Mortgage Brokers. With a focus on administrative excellence, she supports brokers in maintaining accreditation standards and streamlining client documentation processes to uphold the firm's reputation for professionalism and transparency.
Questions
How do I get started with a mortgage broker?
Complete our contact form or call us directly. An initial phone call will assess your needs, followed by personalized recommendations and loan comparisons.
Why use a mortgage broker instead of a bank?
Brokers access 40+ lenders for better rates, offer expert structuring advice, and provide free services since lenders pay our commission.
How are mortgage brokers paid?
We receive commissions from lenders upon loan settlement, with no upfront fees to clients for standard home loan services.
What loan options are available for first-home buyers?
We offer first-home buyer loans with competitive rates, guarantor options, and access to government grants to help new buyers enter the market.
Can I refinance if my financial situation has changed?
Yes, we assess your current mortgage against new products to find refinancing opportunities that suit updated financial circumstances or goals.
What credentials do your brokers hold?
Our brokers have Certificates IV and Diplomas in Finance, complete 30+ annual training hours, and maintain memberships with industry associations.
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