Business Details
20 Years
experience
Your Trusted Reverse Mortgage Specialist in Melbourne
Established in 2006, Melbourne Mortgage Finance has been a trusted partner for Australians seeking expert mortgage solutions. Founded by Barry Le Brocq, a seasoned professional with over 30 years of experience in residential lending, the business specialises in reverse mortgages to empower retirees. Our approach combines deep industry knowledge with a client-centric ethos, ensuring tailored advice and transparent communication.We prioritise long-term relationships, offering ongoing support through regular loan reviews and flexible service options, including home visits and virtual consultations. Recognised for integrity and excellence, we are committed to helping clients achieve financial freedom while retaining ownership of their homes.
Services
Reverse Mortgages
Home Loans
Refinancing
Construction Loans
Investment Loans
Details
- Year established: 2006
Highlights and features
- We have over 30 years of experience in mortgage broking and reverse mortgages.
- Our certified brokers provide tailored solutions for retirement financial needs.
- No upfront fees we receive standard lender commissions.
- Family participation encouraged in loan discussions for client comfort.
- Regular 6-month loan reviews to ensure ongoing satisfaction and clarity.
What people say
Exceptional service
Patient and caring
Highly recommend
Stress-free process
Knowledgeable and approachable
Services
Reverse Mortgages
Reverse mortgages allow homeowners aged 60+ to access home equity without selling their property. Funds can be used for lifestyle upgrades, healthcare, or family support. No repayments are required until the property is sold or vacated, ensuring financial flexibility in retirement while retaining home ownership.
Home Loans
We offer competitive home loans for first-time buyers, investors, and refinancers. Our services include construction loans, investment financing, and refinancing solutions. With access to a broad lender panel, we provide tailored options to suit diverse financial goals, ensuring transparent advice and streamlined approval processes.
Refinancing
Refinancing services help clients reduce interest rates, consolidate debt, or access equity. We assess individual circumstances to identify optimal solutions, including switching lenders or adjusting loan terms. Our process ensures minimal disruption while maximising financial benefits through expert negotiation and market insights.
Construction Loans
Specialised construction loans support new home builds or major renovations. We guide clients through staged funding releases aligned with project milestones. Our expertise ensures compliance with lender requirements while offering flexibility to manage timelines and budgets effectively, from initial approval to final settlement.
Investment Loans
Investment loan solutions cater to property investors seeking portfolio growth. We provide financing for residential or commercial properties, including strategies for tax efficiency and cash flow optimisation. Our services include loan structuring, interest-only options, and access to competitive rates to enhance investment returns.
People
Barry Le Brocq
Mortgage Broker
Barry Le Brocq founded Melbourne Mortgage Finance in 2006 after 30+ years in senior lending roles at Westpac and Bank of Melbourne. A certified mortgage broker, he specialises in reverse mortgages and has helped thousands of retirees achieve financial stability. His client-first approach prioritises education, transparency, and long-term support.
Questions
What is a reverse mortgage?
A reverse mortgage allows homeowners aged 60+ to access equity in their home without selling it. No repayments are required until the property is sold or vacated.
How can I use reverse mortgage funds?
Funds can be used for lifestyle upgrades, healthcare, debt consolidation, family support, or home modifications. There are no restrictions on usage.
What are the eligibility criteria?
Applicants must be at least 60, own a property valued at $600,000+, and reside in an eligible postcode. Both primary residences and investment properties qualify.
When does the loan need repayment?
Repayment is due when the property is sold, or if both borrowers move into aged care or pass away. A 12-month grace period is provided.
Are there any fees?
No upfront fees are charged. We receive a standard commission from the lender. Additional costs like valuation fees may apply.
