Your Finance GuideCheck my options
Australian Capital Territory

Mortgage Broker Canberra

Buying or refinancing in Canberra? Start with the right broker

Pick your path and answer a few short questions. We’ll connect you with one licensed, YFG Approved mortgage broker who compares lenders for you and contacts you within one business day.

Buying a homeCheck my home loan optionsRefinancingCheck my refinance options

Free matching, no obligation and no credit check at this step.

A Canberra mortgage broker compares home loans from a panel of lenders, works out which ACT concessions and federal schemes you qualify for, and manages the application through to settlement. Most brokers are paid a commission by the lender when the loan settles, rather than charging you a fee. In Canberra the 5% Deposit Scheme price cap is $1,000,000, and from 1 July 2026 eligible home buyers pay no conveyance duty whatever the price or their income.

Prefer to talk first? Call 0455 221 921

How it works

What does a mortgage broker in Canberra do?

They take a brief on your situation, compare lenders against it, manage the application and stay involved after settlement. Our guide to what a mortgage broker does covers fees, the best interests duty and when you may not need one.

  1. 1

    Take a structured discovery brief

    An initial 30 to 45 minute call covering your income, deposit, existing debts, target purchase price and timeframe. For Canberra buyers, this also captures any stamp duty concessions, first home buyer schemes, or guarantor arrangements that affect the structure.

  2. 2

    Run the panel

    Compare borrowing capacity and indicative rates across the lenders on the broker's panel (our broker partners' panels have 50+ lenders). The output is a side-by-side rate, fee, and policy comparison showing which lenders will lend at your LVR, on your property type, in your postcode.

  3. 3

    Manage the application end-to-end

    Compile and submit the application, manage lender questions, coordinate the valuation and (where applicable) LMI process, and handle communication with your conveyancer through to settlement.

  4. 4

    Stay involved after settlement

    Rate reviews, refinancing if the market moves materially, and a single point of contact for any future borrowing or restructure.

Home loan lenders a Canberra mortgage broker can compare

Lenders in our directory that publish home loans. Rate cards are national, so a Canberra broker compares the same lenders as a broker anywhere else; each broker has their own panel and a few lenders deal direct only, so ask a broker which of these they can lodge with.

Home loan lenders a Canberra mortgage broker can compare: each lender's type, the products it offers and its current rate
Westpac Banking CorporationMajor bankProducts:
  • Variable
  • Fixed 2yr
  • Fixed 3yr
Current rate:
6.64%p.a.
7.01% p.a. comparison rate*
Rocket Repay Home Loan, Rocket Repay variable with offset in the Premier Advantage Package ($395 annual fee), owner-occupier P&I, loans over $150,000, LVR up to 70%.
UnloanMajor-bank brandProducts:
  • Variable
Current rate:
5.89%p.a.
5.80% p.a. comparison rate*
Live-In Home Loan, Live in (owner-occupier), P&I, up to 80% LVR; includes the 0.01% p.a. year-one loyalty discount; no Unloan fees.
ING AustraliaTier-2 bankProducts:
  • Variable
  • Fixed 2yr
  • Fixed 5yr
Current rate:
6.29%p.a.
6.32% p.a. comparison rate*
Mortgage Simplifier, Mortgage Simplifier variable, owner-occupier P&I, LVR 60% or less (lowest tier), minimum total borrowings $150,000.
Macquarie BankTier-2 bankProducts:
  • Variable
  • Fixed 2yr
  • Investor variable
Current rate:
6.59%p.a.
6.17% p.a. comparison rate*
Basic Home Loan (fixed rate), Basic Home Loan, 2-year fixed, owner-occupier P&I, LVR ≤70% (lowest tier); no ongoing fees. Comparison rate includes the revert rate after the fixed term.
Beyond Bank AustraliaCustomer-ownedProducts:
  • Variable
Current rate:
6.09%p.a.
6.44% p.a. comparison rate*
Total Home Loan Package Variable, Total Home Loan Package variable, LVR ≤60% (lowest tier); $395 annual package fee. Investment loans have a separate rate schedule.
Defence BankCustomer-ownedProducts:
  • Variable
Current rate:
6.24%p.a.
6.24% p.a. comparison rate*
Variable Home Loan, Premier Low Rate home loan, variable "from" rate (investor version priced separately); comparison on a $150,000 secured loan over 25 years.
IMB BankCustomer-ownedProducts:
  • Variable
  • Fixed 2yr
Current rate:
6.24%p.a.
6.27% p.a. comparison rate*
Budget Home Loan, Budget Home Loan, owner-occupier P&I, LVR up to 70% (lowest tier); includes IMB's current discount margin.
Newcastle Permanent (Newcastle Greater Mutual Group)Customer-ownedProducts:
  • Variable
  • Fixed 2yr
  • Fixed 3yr
Current rate:
6.19%p.a.
6.23% p.a. comparison rate*
Real Deal Home Loan, Real Deal Home Loan special rate for new borrowers (minimum loan size applies), owner-occupier P&I, LVR 80% and below.
Athena Home LoansDigital-firstProducts:
  • Variable
Current rate:
6.24%p.a.
6.24% p.a. comparison rate*
Straight Up, Straight Up variable, owner-occupier P&I, LVR 0-50% (lowest tier); no fees.
Australia and New Zealand Banking GroupMajor bankProducts:
  • Variable
  • Fixed 2yr
  • Fixed 3yr
  • Investor variable
  • Refinance
Current rate: ANZ rate card (opens in a new tab)
Show all 35 lenders
Home loan lenders a Canberra mortgage broker can compare, continued
Commonwealth Bank of AustraliaMajor bankProducts:
  • Variable
  • Fixed 2yr
  • Fixed 3yr
Current rate: CommBank rate card (opens in a new tab)
National Australia BankMajor bankProducts:
  • Variable
  • Fixed 2yr
  • Fixed 3yr
Current rate: NAB rate card (opens in a new tab)
Bank of MelbourneMajor-bank brandProducts:
  • Variable
  • Fixed 2yr
Current rate: Ask a broker
BankSAMajor-bank brandProducts:
  • Variable
  • Fixed 2yr
Current rate: BankSA rate card (opens in a new tab)
BankwestMajor-bank brandProducts:
  • Variable
  • Fixed 2yr
  • Fixed 3yr
Current rate: Bankwest rate card (opens in a new tab)
St.George BankMajor-bank brandProducts:
  • Variable
  • Fixed 2yr
Current rate: Ask a broker
Suncorp BankMajor-bank brandProducts:
  • Variable
  • Fixed 2yr
Current rate: Suncorp Bank rate card (opens in a new tab)
UBankMajor-bank brandProducts:
  • Variable
  • Fixed 2yr
Current rate: UBank rate card (opens in a new tab)
Bank of QueenslandTier-2 bankProducts:
  • Variable
  • Fixed 2yr
Current rate: BOQ rate card (opens in a new tab)
Bendigo and Adelaide BankTier-2 bankProducts:
  • Variable
  • Fixed 2yr
Current rate: Ask a broker
ME BankTier-2 bankProducts:
  • Variable
Current rate: Ask a broker
Bank AustraliaCustomer-ownedProducts:
  • Variable
Current rate: Bank Australia rate card (opens in a new tab)
Heritage Bank (People First Bank)Customer-ownedProducts:
  • Variable
Current rate: Ask a broker
People First BankCustomer-ownedProducts:
  • Variable
Current rate: Ask a broker
Police BankCustomer-ownedProducts:
  • Variable
Current rate: Ask a broker
Teachers Mutual BankCustomer-ownedProducts:
  • Variable
Current rate: Teachers Mutual rate card (opens in a new tab)
Bluestone MortgagesNon-bankProducts:
  • Variable
Current rate: Ask a broker
FirstmacNon-bankProducts:
  • Variable
  • Fixed 2yr
Current rate: Ask a broker
La Trobe FinancialNon-bankProducts:
  • Variable
  • Refinance
Current rate: La Trobe Financial rate card (opens in a new tab)
Liberty FinancialNon-bankProducts:
  • Variable
Current rate: Liberty rate card (opens in a new tab)
Pepper MoneyNon-bankProducts:
  • Variable
Current rate: Pepper Money rate card (opens in a new tab)
RedZedNon-bankProducts:
  • Variable
Current rate: RedZed rate card (opens in a new tab)
Resimac GroupNon-bankProducts:
  • Variable
Current rate: Ask a broker
Tic:Toc (now Tiimely Home)Digital-firstProducts:
  • Variable
Current rate: Tic:Toc rate card (opens in a new tab)
HSBC Bank AustraliaForeign bankProducts:
  • Variable
Current rate: Ask a broker

Inclusion is editorial reference, not a recommendation. Rates change often, so we only show a rate we captured from the lender's own page in the last 60 days, with a link to that page; otherwise we link to the lender's rate card where it publishes one. The broker you are matched with compares the lenders on their own panel.

* WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Home loan comparison rates are based on a secured loan of $150,000 over 25 years.

Canberra market snapshot

Canberra property prices and your deposit

Canberra is a leasehold market with no stamp duty for eligible home buyers from 1 July 2026, whatever their income. On the indicative early-2026 median of $845,000, a 20% deposit is $169,000 and a 5% deposit is $42,250, before stamp duty and purchase costs.

With 20% down you pay no lenders mortgage insurance. With less, the choices are the 5% Deposit Scheme (capped at $1,000,000 in Canberra), a family guarantee, or paying lenders mortgage insurance, and a broker prices each one for you.

Median dwelling value
$845,000

Indicative early 2026 figure across the Canberra metro.

Median weekly household income
$2,470

Used by lenders alongside expenses to assess servicing.

Suburb guides
116+

Approximate number of suburbs in greater Canberra, including Belconnen, Woden, Tuggeranong.

What are the repayments on a Canberra home loan?

Monthly principal and interest repayments over 30 years, by loan amount and interest rate
Loan amountMonthly repayment at
6%p.a.6.5%p.a.7%p.a.
$676,000$4,053$4,273$4,497
$761,000$4,563$4,810$5,063
$803,000$4,814$5,076$5,342

Illustrative monthly principal and interest repayments over 30 years, before fees and charges. Rates are examples, not offers; your rate depends on the lender and your circumstances. Loan amounts are 80%, 90% and 95% of the indicative Canberra median of $845,000, rounded to the nearest $1,000. Use the home loan repayment calculator.

Local schemes

Australian Capital Territory first home buyer schemes and stamp duty

Stamp duty concessions and grants are set by the state or territory government, and the 5% Deposit Scheme by the federal government. These are the rules that apply to a Canberra purchase, as published on the linked pages when we checked them on 30 September 2026; confirm them before you sign, because budgets change the thresholds. A mortgage broker for first home buyers checks each one against your purchase.

Home Buyer Concession Scheme (ACT)

From 1 July 2026, eligible buyers pay no conveyance (stamp) duty on a home or vacant residential land, with no income test and no property value limit. You must not have owned property in the previous five years and must live in the home for at least a year.

Source: ACT Revenue Office, Home Buyer Concession Scheme

First Home Owner Grant (ACT)

Grant payments ceased in the ACT on 1 July 2019.

Source: ACT Revenue Office

Leasehold

Land in the ACT is held under Crown leases; a residential lease is usually for 99 years, and if you hold the lease you effectively own the property.

Source: ACT Planning, Crown leases

5% Deposit Scheme

Eligible first home buyers can buy with a 5% deposit and no lenders mortgage insurance through a participating lender, up to $1,000,000 anywhere in the ACT.

Source: Housing Australia, 5% Deposit Scheme price caps

Run the numbers for ACT

ACT stamp duty calculatorACT home loans hub
Why this matters in Canberra

What a Canberra home loan broker checks locally

Major lender rate cards are national, but the policy overlay (LVR caps by postcode, valuation tolerances, accepted property types) and the ACT rules are not. These are the Canberra factors a broker working your file looks at:

  • The ACT Home Buyer Concession Scheme is not only for first home buyers: anyone who has not owned property in the last five years can qualify, so a broker checks your history before setting the budget.

  • ACT property is leasehold rather than freehold; the leasehold structure does not change loan eligibility but is unfamiliar to interstate buyers.

  • The 5% Deposit Scheme cap is $1,000,000 across the ACT, above the indicative Canberra median.

  • There is no First Home Owner Grant in the ACT, so the duty concession and the 5% Deposit Scheme are the main help for a first purchase.

Choosing a broker

Who is the best mortgage broker in Canberra?

There is no single best mortgage broker in Canberra, and no regulator ranks them: the right broker depends on your loan. Recommendations from people you know and the broker associations are where Moneysmart suggests you start looking, and a recommended broker should still pass four checks.

1. They are licensed

Every mortgage broker must hold an Australian Credit Licence or be a credit representative of a licensee. Search their name or number in the Credit Licensee or Credit Representative list on ASIC's professional registers before your first meeting.

2. They compare a wide panel

Ask how many lenders they can lodge with, what kind of lenders they cannot access, and whether the major banks and the specialist non-bank lenders are both on the panel.

3. They tell you how they are paid

Commission from the lender is normal and must be disclosed in the credit guide; a fee to you must be set out in a written quote you sign first. The how mortgage brokers get paid guide lists what each major lender pays.

4. They have written loans like yours in ACT

Ask how many first home buyer, refinance or investor loans like yours they wrote last year, and how they handle the ACT concessions. Membership of the MFAA or FBAA adds the association's conduct standards, and MFAA members must hold the Diploma of Finance and Mortgage Broking Management or complete it within 12 months of joining.

Questions to ask a Canberra mortgage broker

  • Are you a credit licensee or a credit representative, and what is the number?
  • Which lenders can you lodge with, and what kind of lenders can you not access?
  • How do you get paid for this, and does it differ between lenders?
  • Why is this loan in my best interests? Can you show me a couple more options, including the lowest-cost one?
  • Which ACT concessions or grants do I qualify for, and have you included the stamp duty in my budget?
  • If I am refinancing, will you ask my current bank to match the offer before I switch?

The first four follow Moneysmart's guidance on using a mortgage broker. A broker who answers them openly, and shows you more than one option, is doing the job the best interests duty requires; the mortgage broker vs bank guide shows when going direct is the better call.

Mortgage broker or finance broker in Canberra?

If you are buying or refinancing a home in Canberra, the finance broker you want is a mortgage broker: they specialise in home loans and owe you the best interests duty. Car, business, equipment and personal loans are arranged by finance brokers too, under different rules; see finance broker guide for who arranges what.

Canberra suburbs

Canberra suburb guides

Suburb guides with indicative local prices and the postcode policy points a broker checks, for each ACT location below.

Civic2601Belconnen2617Woden2606Tuggeranong2900Gungahlin2912Manuka2603Kingston2604Braddon2612Dickson2602Yarralumla2600Forrest2603Deakin2600Griffith2603Lyneham2602Phillip2606Garran2605Watson2602Mitchell2911Fyshwick2609Hume2620

Mortgage brokers in other capital cities

Same lender panel, local schemes and prices for each market.

Mortgage broker SydneyMortgage broker MelbourneMortgage broker BrisbaneMortgage broker PerthMortgage broker AdelaideMortgage broker HobartMortgage broker Darwin

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates are calculated on a secured loan of $150,000 over 25 years for home loans and a loan of $30,000 over 5 years for car and personal loans, unless the lender states another basis. Business loans and equipment finance for a business purpose have no mandatory comparison rate.

Mortgage Broker Canberra FAQs

Common questions from Canberra home buyers and refinancers.

How much does a mortgage broker cost in Canberra?
Usually nothing. Mortgage brokers in Australia are typically paid by the lender, with an upfront commission when the loan settles and a trail commission while it runs, and they must disclose it in their credit guide. If a broker wants to charge you a fee, Moneysmart notes it must be set out in a written quote that you sign before they provide the service.
Who is the best mortgage broker in Canberra?
There is no single best mortgage broker in Canberra and no official ranking; the best one for you is licensed, compares a wide panel of lenders, is open about how they are paid and has written loans like yours. Check their credit licence or credit representative number on ASIC's professional registers, ask how many lenders they work with and whether their pay differs between them, and ask them to show you more than one option with the reasons (Moneysmart's checklist). Reviews tell you about service, not whether the loan was the best one available.
How do I pick a good mortgage broker in Canberra?
Start with recommendations from people you know or the broker associations (the MFAA and FBAA), which is where Moneysmart suggests looking. Then confirm the licence on ASIC's professional registers, ask which lenders they can and cannot access, how they are paid, and which ACT concessions and grants apply to you. A good broker presents more than one loan and explains why each is in your best interests.
Is it cheaper to go through a mortgage broker?
Not automatically. Most brokers are paid by the lender, and a broker can charge you a fee only through a written quote you sign first (Moneysmart, updated 4 September 2026). The lender still sets the rate, so a broker saves you money only when their panel has a cheaper loan that suits you. Ask to see the lowest-cost option.
How much deposit do I need for a $500,000 house?
A 20% deposit, $100,000, avoids lenders mortgage insurance. With 5%, $25,000, you pay LMI unless you qualify for the 5% Deposit Scheme, which covers homes up to $1,000,000 in Canberra (Housing Australia, as at 30 September 2026). Stamp duty and purchase costs come on top; the ACT concessions are set out on this page.
Is it worth using a mortgage broker in Canberra?
For most borrowers, yes. Most brokers are paid by the lender rather than charging you a fee; the broker must act in your best interests; and one application reaches a panel of lenders instead of one bank. It is worth the most for first home buyers working through the ACT concessions and the 5% Deposit Scheme, self-employed borrowers and anyone with a less-than-perfect credit file.
Should I use a mortgage broker or a bank?
A broker, for most borrowers: a bank shows you its own loans, while a broker compares a panel of lenders and owes you a best interests duty that bank staff do not. Going direct can make sense when your own bank will match the best rate you can find for a simple loan, or when the loan you want is only offered direct.
What not to say to a mortgage broker?
Don't understate your spending or leave out a debt, including credit card limits and buy now pay later accounts. Under ASIC's responsible lending guidance (RG 209, issued 9 December 2019) the broker and lender must make reasonable inquiries and verify what you tell them, so a gap is likely to surface and can lead to a decline.
How much do you need to earn for a $700,000 mortgage?
There is no single figure, because it depends on your living expenses, debts and dependants. At 6% over 30 years a $700,000 loan costs about $4,197 a month, and APRA expects banks to check you could still pay at a rate at least 3 percentage points higher, about $5,632 a month at 9%, after those costs. The borrowing power calculator runs that test on your own figures, and a broker can run it through several lenders, whose serviceability models differ.
What documents will I need for a home loan application in Canberra?
Photo identification, two recent payslips (or two years of personal tax returns plus the latest notice of assessment if self-employed), three months of bank and savings statements, statements for any existing debts, and the contract of sale or property valuation if available. Self-employed applicants may also need BAS and a profit-and-loss statement.
How long does a home loan take to settle in ACT?
The settlement date is set in your contract of sale, so ask your conveyancer what is usual in ACT. Pre-approval and formal approval times vary by lender and by how complete your documents are, so ask the broker for each lender's current turnaround before you sign. Valuation and conveyancing drive the timeline more than location does.
Are interest rates different in Canberra than in other capitals?
No. Major lender rate cards are national, with the same rate available regardless of capital city. What differs across cities is the LVR threshold for various lender products (driven by postcode-restricted lender lists) and the stamp duty payable, which is a state-level, not city-level, concession.
Can I use a Canberra mortgage broker if I live in another city?
Yes. A credit licence covers the whole country, and most broker work is done by phone, email and video, with settlement managed through the conveyancer and the lender. Where the broker is based does not change the rate, the lender panel or the application process.

Your Finance Guide is the publishing brand and is not licensed to provide credit assistance. Credit assistance is provided by the licensed broker you are introduced to, who holds an Australian Credit Licence or is a credit representative of a licensee. Your Finance Guide is free to use. Licensed brokers who meet our criteria pay Your Finance Guide a partnership fee to receive enquiries from this site. The fee is paid by the broker, not by you, and is not added to your loan. Brokers are usually also paid a commission by the lender when a loan settles. Full details are in our Credit Guide.

Free, no obligation, one match

Talk to a mortgage broker about your Canberra home loan

A licensed broker compares the lenders on their panel and prices the ACT stamp duty and first home buyer schemes into the options. Free to use, no obligation.

Find me a vetted brokerContact Us

Are you a mortgage broker in Canberra? See how we supply exclusive Canberra home loan leads to licensed brokers.

Check home loan options
Free matching, no obligation
Start