Mortgage Brokers Perth

Going direct to a bank means you only see the products of that one lender. A Perth mortgage broker compares dozens of lenders against your specific situation, and the difference in outcome can be material across borrowing capacity, interest rate, fees and approval likelihood. Here is what working with Launch Finance changes.

Access to 60+ lenders, not just one bank

Launch Finance operates under the Loan Market Group (LMG) aggregator network, the largest mortgage aggregator across Australia and New Zealand. Through LMG, our brokers have access to a panel of 60+ banks and lenders. This includes the major banks (Commonwealth Bank, Westpac, NAB, ANZ), non-major banks (Macquarie, Bankwest, ING, Suncorp, AMP, Bank of Queensland, Bendigo Bank), customer-owned banks and mutuals (Beyond Bank, Bank Australia, Heritage Bank, Great Southern Bank, P&N Bank, ME Bank), and non-bank specialists (Pepper Money, Firstmac, Resimac).

Best Interests Duty: a legal obligation Perth bank staff do not have

Since 1 January 2021, Australian mortgage brokers have been bound by Best Interests Duty (BID), a legal requirement under the National Consumer Credit Protection Act to recommend the loan that is in the client's best interests. According to the MFAA's 2025 Value of Mortgage and Finance Broking Report (prepared with Deloitte), 56 per cent of brokers say BID has further improved client trust in the sector. Bank staff are not bound by BID. They sell the products of the bank that employs them.

Most Australians now use a broker

According to the latest MFAA Quarterly Market Share data, mortgage brokers wrote 77.3 per cent of all new residential home loans in Australia in the September 2025 quarter, just below the record 77.6 per cent set in the June 2025 quarter. The MFAA's 2025 industry research also found brokers delivered an average rate saving of 0.35 per cent for clients who repriced their loan.

Local Perth and WA market expertise

Perth is a different lending environment to Sydney or Melbourne. WA stamp duty rules, the off the plan concession (running until 30 June 2026), Keystart eligibility, the WA First Home Owner Grant, and the lending appetite of various lenders for Perth specific scenarios all benefit from local knowledge. Launch Finance is a multi-award-winning brokerage headquartered in Perth with a second office in Mandurah, with a team carrying over 50 years of combined experience across the WA market.

The service is fee free in most cases

For standard home loans , Launch Finance is paid a commission by the lender on settlement, not by you. The rate you receive through us is the same the lender would offer you directly.

Support beyond settlement

A good Perth mortgage broker reviews your loan periodically, checking your rate against current market pricing and flagging when it is worth refinancing. With the RBA lifting the cash rate to 4.35 per cent on 5 May 2026 (the third hike of 2026), and lenders responding at different speeds, this is exactly when reviewing your rate matters most.

Talk to the Launch Finance team on 08 9367 4222 for a no obligation review of your current finance position.

For most Perth home loans our service is fee free to the client. Launch Finance is paid a commission by the lender on settlement, not by you. Here is exactly how broker remuneration works in Australia, what consumer protections apply, and when (rarely) a fee may apply.

How brokers are paid

When your loan settles, the lender pays the broker an upfront commission based on the loan amount, plus a smaller ongoing trail commission paid each year the loan remains active. Commission is regulated by ASIC and disclosed to you in writing in your Credit Guide before you proceed. This means we have no incentive to steer you toward a particular lender for our benefit, only toward the one that genuinely suits your situation.

Best Interests Duty protects you

Since 1 January 2021, Australian mortgage brokers have been bound by Best Interests Duty (BID) under the National Consumer Credit Protection Act. We are legally required to recommend the loan that is in your best interests, document why we recommended it, and provide a reasonable rationale comparing alternatives. According to the MFAA's 2025 Value of Mortgage and Finance Broking Report, complaints against mortgage brokers and aggregators continue to represent less than 1 per cent of banking and finance complaints. Bank staff and direct lender call centres do not operate under BID.

When a fee may apply

Some specialist scenarios can attract a broker fee. Examples include complex commercial finance, certain low doc structures, and particular short term bridging arrangements. If a fee applies in your case, we tell you upfront in writing in our Credit Guide before you commit. There are no surprises and no hidden charges.

Does using a broker make your loan more expensive?

No. The rate you are offered through Launch Finance is the same rate the lender would offer you directly, and frequently better. According to MFAA Quarterly Market Share data, brokers wrote 77.3 per cent of all new residential home loans in Australia in the September 2025 quarter, making the broker channel the dominant origination route for Australian home loans. Lenders price competitively through the broker channel as a result.

What clients save through using a broker

The MFAA's 2025 Value of Mortgage and Finance Broking Report (prepared with Deloitte) found brokers delivered an average rate saving of 0.35 per cent for clients who repriced their loan through their broker. On a typical Perth mortgage, that compounds to thousands of dollars over the life of the loan.

To get a clear picture of what your loan would cost, with no fee for the conversation, call Launch Finance on 08 9367 4222.

"Best mortgage broker in Perth" is a high stakes search. Getting it right can save you thousands of dollars over the life of your loan, and the difference between approval and decline on a property you want to win. Here is what genuinely separates a strong Perth broker from an average one.

Industry recognition and tenure

Awards and tenure are not everything but they are a useful signal of consistent client outcomes over time. Launch Finance is a multi-award-winning brokerage with a team carrying over 50 years of combined experience across home, business, investment, SMSF and specialist lending. Our current recognition is listed on our awards page.

Lender panel breadth

Some brokers work with a narrow panel of 10 to 15 lenders. Launch Finance operates under the Loan Market Group (LMG) aggregator network, the largest aggregator across Australia and New Zealand, which gives access to a panel of 60+ banks and lenders. This includes the major banks, non-major banks, customer-owned banks and mutuals, and non-bank specialists. Panel breadth matters most when your situation is non standard: self employed, complex income, past credit issues, expat or visa borrower, or buying through a trust or SMSF.

WA market knowledge

WA stamp duty rules, the off the plan concession ending 30 June 2026, Keystart and Keystart Shared Ownership, the Federal Help to Buy scheme (now available in WA), the Federal First Home Guarantee (significantly expanded with no income caps from 1 October 2025), the First Home Super Saver Scheme, and the WA First Home Owner Grant all interact in different ways depending on whether you are buying new, existing, building, or off the plan. A locally based Perth broker will be sharper on these than a generalist working remotely. Launch Finance is Perth headquartered with a second office in Mandurah. Meet our team.

Recent reviews and direct questions

Look at recent Google and Product Review feedback, particularly comments on communication, follow through, and outcomes. Ask any broker how many lenders they are comparing for your scenario, how they are paid, and how they will keep you updated through the process. A reputable broker answers all three concretely.

What red flags look like

Vague answers about lender comparison, pressure to use a specific lender without clear rationale, reluctance to provide written rate or product comparisons, and unclear fee disclosure. A reputable Perth broker should provide a written Credit Guide and a documented rationale for the lender they recommend, comparing it to alternatives considered.

To put Launch Finance to the test, call 08 9367 4222 for a no obligation conversation about your finance position.

Timeframes vary by lender, the complexity of your situation, and current market volume, but most Perth home loans follow a predictable pattern. The figures below are industry typical timeframes rather than guaranteed outcomes.

Pre approval

Once you have provided full documentation (recent payslips, two most recent bank statements, ID, liabilities, and any relevant tax or business information), pre approval can range from a few business days for digital-first lenders to two weeks or more for some lenders during peak periods. Pre approval typically lasts 90 days (some lenders 180), and lets you bid or negotiate with confidence in Perth's tight market.

Formal approval

Once you have an accepted offer or signed contract, the lender orders a property valuation and moves to formal (unconditional) approval. This typically takes one to three weeks depending on the lender's current turnaround times and whether the valuation comes back at contract price. According to Cotality's Home Value Index released 1 April 2026, Perth dwelling values rose 24.3 per cent over the year to March 2026, which means valuations are largely meeting contract price, though it remains a key step that occasionally adds days.

Settlement

Most Perth contracts run a 30 to 45 day settlement, which gives the lender, your conveyancer, and the seller's representative enough time to coordinate. Some sellers will accept shorter (21 days) if your finance is well progressed. Off the plan and construction settlements run on different timelines, with progress drawdowns over the build period rather than a single settlement.

What slows things down

The most common delays are missing documents, valuation surprises, changes to employment or financial position mid application, large unexplained transactions in your bank statements during assessment, and applying to a lender whose policy does not actually fit your situation. We pre empt these wherever possible by stress testing your file before it goes to the lender.

How a Perth broker speeds things up

According to APRA data reported by The Adviser, Macquarie Bank originates more than 90 per cent of its loan book through brokers and consistently outperforms the major banks for broker turnaround times in monthly Broker Pulse surveys. Knowing which lenders are currently fastest, which lenders have stricter document requirements, and which lenders' policies match your situation typically avoids delays that hit borrowers who default to applying with their existing bank.

If you are working to a specific Perth settlement deadline, call Launch Finance on 08 9367 4222 for a realistic assessment.

Launch Finance operates under the Loan Market Group (LMG) aggregator network, the largest mortgage aggregator across Australia and New Zealand. Through LMG, our brokers have access to a panel of 60+ banks and lenders. Here is how the lender categories break down and why panel breadth matters for Perth borrowers.

The major banks

Commonwealth Bank, Westpac, NAB and ANZ are all on the LMG aggregator panel. These typically offer competitive pricing for standard PAYG borrowers with strong deposits, clean credit, and straightforward employment. They have the largest branch and ATM networks but generally the most rigid policies, and their borrowing capacity calculators are often more conservative than other lenders.

Non-major banks

Macquarie Bank, Bankwest, ING, Suncorp, AMP, Bank of Queensland, Bendigo Bank, Bank of Melbourne, BankSA, St George, Adelaide Bank and Virgin Money are among non-major banks on the LMG panel. These often offer sharper rates than the big four for specific borrower profiles, faster turnaround times during peak periods, and sometimes more accommodating policy positions. According to APRA data, Macquarie has been growing its mortgage book consistently faster than the big four, with more than 90 per cent of its loan book originated through the broker channel.

Customer-owned banks and mutuals

Beyond Bank, Bank Australia, Heritage Bank, Great Southern Bank, P&N Bank, ME Bank, MyState Bank and People's Choice are among customer-owned banks and mutuals on the LMG panel. These can offer competitive rates and lower fees for specific profiles such as health workers, public sector employees, and emergency services staff. Our medical specialist lending team works in this category.

Non-bank and specialist lenders

Pepper Money, Firstmac and Resimac are among non-bank specialist lenders on the LMG panel. Non-bank lenders are essential when your situation does not fit the standard mould: recently self employed (less than two years of returns), low doc, past credit impairment, expat income, or specialist asset types. They typically charge a slight rate premium but get deals approved that the major banks decline.

WA Government and Federal scheme lenders

Keystart is a WA Government owned lender offering loans with as little as 2 per cent deposit and no LMI for eligible borrowers. Keystart applications are made directly through Keystart. Federal scheme participation (the First Home Guarantee, Help to Buy, Family Home Guarantee) is delivered through specific panel lenders. According to Housing Australia, the 5% Deposit Scheme is currently delivered through 3 major bank lenders and 28 non-major lenders, with the panel being expanded from March 2026.

Why panel breadth matters

The same applicant can be assessed very differently across lenders. One lender might decline a self employed applicant while another approves with full borrowing capacity. With access to LMG's 60+ lender panel, we can match your specific position to the lender most likely to approve cleanly and most competitively priced.

To find out which lenders best suit your situation, call Launch Finance on 08 9367 4222.

Launch Finance is headquartered in Perth and we work with clients across the Perth metropolitan area, the Peel region, and broader WA.

Perth metropolitan coverage

We help clients across Perth suburbs. This ranges from inner city apartment markets like West Perth , East Perth and South Perth , through established family suburbs like Subiaco and Victoria Park , to outer corridor markets like Thornlie , Gosnells and Maddington. According to Cotality's April 2026 release, several Perth submarkets recorded annual dwelling value gains above 25 per cent, including Serpentine-Jarrahdale (31.5 per cent), Armadale (30.5 per cent), Belmont-Victoria Park (29.2 per cent), Gosnells (27.5 per cent) and Kwinana (26.7 per cent).

Mandurah and the Peel region

Our Mandurah office services the broader Peel region. According to REIWA's 2026 forecast, strong house price growth is expected across major regional WA centres in 2026.

Servicing across regional WA

While our offices are in Perth and Mandurah, the home loan process is largely handled remotely (phone, email, video call and digital signing) so clients across regional WA can be supported. Regional WA buyers also benefit from a higher first home buyer stamp duty concession threshold than Perth Metro and Peel ($750,000 versus $700,000 for the concessional rate, per WA Government legislation effective from 21 March 2025).

Specialist segments we cover

Beyond standard residential, Launch Finance covers investment loans , first home buyer finance, refinancing , business and self employed finance , SMSF lending , builders and property developers , medical specialist lending , and vehicle and equipment finance.

How meetings work

Launch Finance offers in person meetings, video calls, or phone consultations. There is no fee for the initial conversation. See our contact page for office locations and to book a time.

To start a conversation about finance for your Perth, Mandurah or WA property, call Launch Finance on 08 9367 4222.

WA has some of the most generous home buyer support in the country right now, particularly for first home buyers and lower to middle income earners. The schemes interact in complex ways and not every lender participates in every scheme. A Perth mortgage broker is essential for stacking what you qualify for. Here is the current full list as of May 2026.

WA stamp duty exemptions and concessions for first home buyers

Effective from 21 March 2025 (legislation passed 17 June 2025), eligible first home buyers in Perth Metro and Peel pay no stamp duty on established properties up to $500,000, with a concessional rate available between $500,000 and $700,000. In regional WA the concessional rate extends to $750,000. According to the WA Government, the full exemption saves first home buyers nearly $18,000 on a $500,000 purchase. Vacant land has its own thresholds: full exemption up to $350,000 and a concessional rate up to $450,000 statewide.

WA off the plan stamp duty concession (ending 30 June 2026)

For brand new or under construction strata properties (apartments and townhouses), WA's off the plan concession provides a 100 per cent stamp duty exemption (capped at $50,000) on eligible pre construction contracts up to $750,000, a 50 per cent concession for properties between $750,000 and $850,000, and a tapering concession above $850,000. A reduced 75 per cent concession applies to properties bought during construction up to $750,000. This concession is currently scheduled to end on 30 June 2026.

WA First Home Owner Grant ($10,000)

The WA First Home Owner Grant provides a one off $10,000 payment for eligible first home buyers purchasing or building a new home (not established properties). It can stack on top of stamp duty concessions and federal scheme support, which means a Perth first home buyer building new can often combine the FHOG, the off the plan duty exemption, and the Federal First Home Guarantee in a single transaction.

Federal First Home Guarantee / 5% Deposit Scheme

From 1 October 2025 the First Home Guarantee was significantly expanded by the Federal Government. There are now no income caps and no place limits, the property price cap for Perth is $850,000, and permanent residents are now eligible alongside Australian citizens. Eligible first home buyers can purchase with a 5 per cent deposit, with the government guaranteeing up to 15 per cent of the loan, eliminating Lenders Mortgage Insurance. The Family Home Guarantee variant allows eligible single parents to purchase with a 2 per cent deposit. The Regional First Home Buyer Guarantee is also available for buyers who have lived in their regional area for at least 12 months. According to Housing Australia, the scheme is currently delivered through 3 major bank lenders and 28 non-major lenders, with the panel being expanded from March 2026.

Federal Help to Buy scheme (shared equity)

Help to Buy launched in WA in late 2025. Eligible buyers can purchase with a 2 per cent deposit, and the federal government contributes up to 40 per cent of the purchase price for new homes or 30 per cent for existing homes as a shared equity stake. Income caps are $100,000 for singles and $160,000 for couples, with a property cap of $850,000 in Perth and $600,000 in regional WA. When you sell, the government recovers its proportional share of the sale price. As of early 2026, Bank Australia and Commonwealth Bank are the participating lenders, with Bank Australia accessible through the broker channel. Housing Australia has confirmed the panel is being expanded.

Keystart (WA Government owned lender)

Keystart is a WA Government owned lender offering loans with as little as 2 per cent deposit and no LMI. Following the most recent update on 15 April 2026, Perth Metro income limits are $155,000 for singles and $228,000 for couples and families, with a property price cap of $860,000. Keystart accepts applicants with previous defaults or discharged bankruptcy in some circumstances. Keystart is designed as a transitional lender, with borrowers refinancing to a mainstream lender once equity has built up. A Keystart Shared Ownership product is also available, where Keystart co owns part of the property to reduce repayments. Keystart applications are made directly through Keystart.

First Home Super Saver Scheme (federal)

The First Home Super Saver Scheme allows eligible Australians to make voluntary contributions to their super fund and later withdraw up to $50,000 (per eligible person) toward a first home deposit. Couples can withdraw up to $100,000 combined. Voluntary contributions are taxed at the concessional super rate rather than your marginal rate.

Stacking schemes correctly

The combinations matter. A Perth first home buyer building new for $650,000 could potentially access the WA off the plan stamp duty concession, the WA First Home Owner Grant ($10,000), and the Federal First Home Guarantee (5 per cent deposit, no LMI), all in one transaction. Working out the best combination for your specific situation, income, deposit and target property is exactly what a Perth mortgage broker does.

To map out which schemes you qualify for and how to stack them, call Launch Finance on 08 9367 4222 for a no obligation review.