Mortgage brokers in Cheltenham

There are 10 mortgage brokers on BrokerScore based in Cheltenham or serving the area, plus 37 more within 5 km. 9 of them have offices in Cheltenham.

By BrokerScore, the top rated mortgage brokers in or near Cheltenham are Integrity Finance Australia (8.1), Mortgage Choice Beaumaris - Tim Leonard (6.6) and Fortis Funding (6.6). BrokerScore is a rating out of 10 that reflects reviews and how well a mortgage broker looks after the people who contact them. Mortgage brokers can’t pay to change it.

Most mortgage brokers in Cheltenham don’t charge you for a standard home loan. They’re usually paid a commission by the lender once your loan settles. Some charge a fee for complex loans, so ask upfront. Every mortgage broker must give you a credit guide that explains how they’re paid and any fees.

At the 2021 Census, the median mortgage repayment in Cheltenham was $2,200 a month, and 37% of homes were owned with a mortgage. Interest rates and prices have changed since then, so a local mortgage broker can work out what repayments would look like for you today.

In the Jan-Mar 2026 quarter figures from the Victorian Property Sales Report, Valuer-General Victoria, the median house price in Cheltenham was $1,378,000 (up 9.3% on a year earlier) and the median unit price was $665,000.

Cheltenham falls under the $950,000 price cap that applies in Melbourne and Geelong. Under the Australian Government 5% Deposit Scheme, eligible first home buyers can buy up to this price with a 5% deposit and no lenders mortgage insurance. Some suburbs span more than one postcode, so confirm with a participating lender or mortgage broker.

A bank can only offer its own home loans. A mortgage broker compares loans from the lenders on their panel. They must act in your best interests, and they handle the paperwork through to settlement.

Compare BrokerScores and read recent reviews, check they help with your situation (for example first home buyers, refinancing or self-employed borrowers) and see which lenders they work with. Ask how they’re paid and how many lenders they’ll compare for you. You can message any mortgage broker on this page for free.