Independent mortgage broker serving Melbourne's northern suburbs since 2018

According to the Mortgage and Finance Association of Australia (MFAA), 76% of Australian borrowers now choose a mortgage broker over going directly to a bank — and that number is growing every year. The main reason is choice. A bank can only offer its own products, assessed against its own credit policy. If your situation doesn’t fit, you’re declined with no alternative. A mortgage broker works across multiple lenders — Blutin Finance has access to 45+ lenders across major banks, non-bank lenders, and specialist lenders — so if one lender declines, another may approve. Since 1 January 2021, Australian mortgage brokers have also been legally bound by the Best Interests Duty, which requires us to recommend the loan that genuinely suits your situation, not the one that earns the highest commission. Banks operate under no such obligation to their customers.

For standard residential home loans, most Australians pay nothing directly to their mortgage broker including all Blutin Finance clients. The lender pays the broker an upfront commission when your loan settles, typically between 0.35% and 0.70% of the loan amount, plus a smaller ongoing trail commission. This payment is built into the lender’s overall cost structure and is the same whether you use a broker or walk into a branch, meaning you don’t save money by going direct to a bank. Commission rates are broadly similar across lenders, and under the Best Interests Duty, brokers are legally prohibited from recommending a lender based on commission rather than what suits your situation. All commission amounts are fully disclosed in your credit guide before you commit to anything.

First home buyers are nearly half of the clients we work with. We assess your borrowing capacity based on your real income and expenses, check eligibility for federal schemes (First Home Guarantee, Family Home Guarantee, First Home Super Saver), confirm Victorian eligibility (FHOG VIC, stamp duty concessions), and match you to a lender whose credit policy actually fits. The Honest Assessment is the pre-submission review we run before any application is submitted, you’ll know where you stand before we go to a lender.

A boutique mortgage broker is independently owned, not operating under a franchise brand like Aussie Home Loans or Mortgage Choice, and not employed by any bank. Three practical differences matter for borrowers. First, you deal with the same broker from first call through to settlement and for the life of your loan. Second, boutique brokers have no franchise volume quotas, which means we’re typically more willing to take on complex cases, self-employed borrowers, applications previously declined, unusual income structures. Third, independence means recommendations are based purely on your situation. Blutin Finance is an independent boutique brokerage based in Bundoora, where founder Nojan Rahimi personally handles every client with 14+ years of finance experience including 8+ years as a specialist mortgage broker.

Variable rates move with the market, typically tracking RBA cash rate decisions and lender funding costs. Repayments can go up or down. Fixed rates lock your rate for a set period (usually 1–5 years), giving certainty during the fixed term but limiting flexibility, most fixed loans cap extra repayments and charge break costs if you exit early. Many borrowers split the loan, part variable for flexibility, part fixed for protection. The right structure depends on your cash flow, your time horizon, and your appetite for rate risk. We’ll model both options against your situation before you commit.

It’s the pre-submission review we run before any application goes to a lender. We check your income, expenses, credit profile, deposit source, and the property against the policies of the 45+ lenders on our panel. You’ll know where you stand before we submit anything. If no lender is a genuine fit, we’ll tell you, that’s The Quick No. We don’t submit applications to be declined, and over 95% of the applications we do submit get approved.

No. Our office is in Bundoora and we work with clients across Melbourne, north-east and north-west corridors most often, but we also work with clients in other parts of Melbourne and interstate. Most of the loan process happens by email, phone, and video, so geography rarely matters once we’re underway. Whether you’re in Reservoir or Sydney, the work is the same: an Honest Assessment of your situation against the 45+ lenders on our panel, then placement with a lender whose policy actually fits.