- Level 2
1/3 Janefield Dr
Bundoora VIC 3083 - Monday to Friday
8:30 AM – 6:00 PM - Call Us Now
1300 188 808
Blutin Finance is an independent mortgage broker based in Bundoora, serving Melbourne’s northern suburbs since 2018. We work with 45+ lenders, the Big Four banks, mid-tier lenders, and specialist non-bank providers. Over 95% of the applications we submit are approved, because we only submit applications we believe will be.
If you’re a first home buyer, refinancer, or investor in Bundoora or the surrounding suburbs, what follows covers how we work, who we help, and what sets us apart from the bank branch down the road.
Roughly 45% of our clients are first home buyers. Another 25% are refinancers, around 20% are investors, and the remaining 10% are commercial, SMSF, and self-employed borrowers. We’re not a niche specialist — we work across the full range of home lending scenarios.
Nojan Rahimi, our director and principal broker, has 14+ years in finance, including 8+ years as a specialist mortgage broker. He’s MFAA-accredited and a Credit Representative (511410) of Connective Credit Services, which holds Australian Credit Licence 389328. His background is in corporate banking and SME lending before founding Blutin Finance, which means he reads a file the way a credit officer does — then explains it to you in plain English.
The clients we see most often in Bundoora and the surrounding suburbs:
Banks employ mortgage specialists. Those specialists sell the bank’s loans. That’s not a criticism; it’s a disclosure. The person at the desk has one product shelf.
We’re independent, not employed by any bank. We work with 45+ lenders — the Big Four (CBA, Westpac, ANZ, NAB), mid-tier lenders like Macquarie, ING, and Bendigo Bank, and specialist non-bank providers that never appear on a bank’s comparison table. When one lender says no, another often says yes.
There’s also a legal difference. Mortgage brokers in Australia are bound by the Best Interests Duty, introduced on 1 January 2021 under the National Consumer Credit Protection Act. We have a legal obligation to recommend what’s best for you. Banks do not. That’s not a marketing claim — it’s a regulatory fact, set out in ASIC Regulatory Guide 273.
Before any application goes to a lender, we do a thorough Honest Assessment. We check your income, expenses, credit history, deposit source, and the property against the credit policies of the lenders most likely to fit your situation. You’ll know where you stand before we submit anything.
If no lender on our panel is a genuine fit, we’ll tell you. Sometimes a quick no is the best answer. We don’t submit applications to be declined.
That discipline is why over 95% of the applications we submit are approved by at least one lender on our panel — an internal figure across the past 12 months. It’s also why our timelines tend to be shorter: we’re not chasing placements that were never going to work.
Bundoora sits 16 km north of the Melbourne GPO, with RMIT’s Bundoora campus across Plenty Road from our office and La Trobe’s Bundoora campus also within the suburb, plus a large band of parkland along Plenty River. Around 72% of homes are owner-occupied, and households are predominantly couples with children, with a significant student and young-professional rental population drawn to the two universities.
Houses currently trade between roughly $825,000 (lower quartile) and $1,030,000 (upper quartile), with a median sale price around $900,000 on a 12-month rolling basis (CoreLogic, April 2026). Units span roughly $405,000 to $684,000, with a median of around $515,000. Median rent on houses is around $580–$595 per week, with indicative gross yields near 3.4% on houses and above 5% on units.
For first home buyers, the numbers translate like this:
Put plainly: the scheme stack looks very different depending on whether you’re buying a three-bedroom house in the $900,000s or a two-bedroom apartment in the $500,000s. We’ll walk through the relevant combinations with you at the first meeting, before any paperwork.
There are five federal and state programs most Bundoora first home buyers should at least consider:
Which ones apply depends on your income, the property, and the contract structure. Current as of 24 April 2026 — schemes, caps, and thresholds change, so we verify at the time of your application.
We’re a full-service brokerage across residential and commercial lending:
Our office is in Bundoora, but we work with clients across Melbourne’s north.
North-east Melbourne (inner ring): Mill Park, Greensborough, Macleod, Watsonia, Kingsbury, Reservoir, Preston, Heidelberg, Thornbury, South Morang.
North-east Melbourne (outer ring): Thomastown, Lalor, Epping VIC, Eltham, Ivanhoe, Northcote, Coburg, Brunswick, Doncaster.
North-west Melbourne: Tullamarine, Essendon, Moonee Ponds, Niddrie, Glenroy, Pascoe Vale, Broadmeadows.
We meet with clients face-to-face at our Bundoora office, by video, or at a location that suits — including early mornings or evenings if standard business hours don’t work.
A single mum in her early 30s came to us wanting to buy her own home in Bundoora. Her income was strong — well above the scheme thresholds — but her deposit wasn’t there yet. The numbers told her she was ready. The bank balance said otherwise.
The Honest Assessment told us the same thing. On serviceability alone, she would have been approved comfortably by most lenders on our panel. The gap was the deposit. The Family Home Guarantee was an obvious fit once she reached the 2% deposit threshold — and with her income, the runway to get there was shorter than she thought.
We didn’t submit anything. Instead, we mapped out a 14-month budgeting and saving plan: what she’d need to put aside each fortnight to reach the deposit target, which everyday expenses could be restructured without disrupting her life, and which spending categories lenders specifically look at during application review. We checked in periodically as the plan progressed.
At month 14 she had the deposit. We moved to property selection — what her borrowing capacity and the Family Home Guarantee together made possible in Bundoora and the inner ring. She found a house at $610,000 — below the Bundoora suburb median, inside the Victorian stamp duty concession band, and well within the Melbourne First Home Guarantee price cap.
The offer came with one complication: the vendor wanted a 30-day settlement. That’s tight for any application; it’s extremely tight when a valuation, lender assessment, and mortgage documents all need to land inside a month. We ran it as a coordinated process — lender, valuer, solicitor, and our team all working to the same 30-day clock. The loan settled on the day the contract called for. Total time from her first meeting with us to handing her the keys: 16 months.
The deposit was the blocker, not the income. Once we mapped the saving plan against her actual budget, the timeline became achievable — and the Family Home Guarantee shortened it further. A lot of first home buyers never find out whether a scheme applies to them because they assume they’re years off. Sometimes they’re 14 months off.”
— Nojan Rahimi
Straightforward applications often see approval within 3–5 business days. Complex cases — self-employed, multiple income sources, non-standard property — can take 2–4 weeks. Lenders assess serviceability at an interest rate 3 percentage points above the actual rate, as required by APRA. We’ll give you a realistic timeline at the first meeting.
Nojan Rahimi — Director and Principal Broker, MFAA-accredited
Credit Representative: 511410
Australian Credit Licence: 389328 (held by aggregator Connective Credit Services — Blutin operates under this licence)
Qualifications: Diploma of Finance and Mortgage Broking Management
Reviews: 65+ five-star reviews across Google and ProductReview.com.au, 5.0 average (as of April 2026)
Member body: Mortgage & Finance Association of Australia (MFAA)
The Credit Guide and Credit Proposal Document — required under section 113 of the National Consumer Credit Protection Act — are provided before any application. Read more about Blutin Finance.
Nothing to you, in most cases. Brokers are paid by the lender via an upfront commission (typically 0.35–0.70% of the loan amount at settlement) and a trail commission (typically 0.10–0.20% per annum of the outstanding balance). Commission rates and structure are disclosed in the Credit Proposal Document before any application, per ASIC Regulatory Guide 273.
Either works. Most clients choose to meet at our office the first time, then handle everything else by email, phone, or video. We’ll travel within the northern suburbs for clients who prefer to meet near home.
Approval timelines range from 4 hours to 4 weeks, depending on complexity and lender turnaround. A straightforward PAYG application to a major bank can come back same day. Complex cases, self-employed, multiple income sources, non-standard property, typically take 2–4 weeks. We give you a realistic timeline at the first meeting, not a generic one.
Often, yes. Banks apply standardised credit policies that work well for salaried PAYG borrowers and less well for self-employed applicants, contractors, or borrowers with non-standard income. Specialist lenders on our panel assess cases differently, including the cases banks decline. We’ll tell you up front whether we believe a placement is realistic. That’s The Honest Assessment.
A broker works across multiple lenders. We’re bound by the Best Interests Duty (1 January 2021, NCCP Act), a legal obligation to recommend what’s best for you. Banks employ their own lending staff to sell their own products. Neither is wrong but you deserve to know which you’re dealing with.
First home buyers are our largest client group, roughly 45% of our settlements. We work through scheme eligibility (First Home Guarantee, Family Home Guarantee, FHOG VIC, stamp duty concessions, FHSS), deposit adequacy, lender serviceability under APRA’s 3% buffer, and property suitability before anyone signs anything.
Yes, if you’re buying a new home with a dutiable value up to $750,000. The FHOG is $10,000, paid at settlement. It doesn’t apply to established homes. Current as of 24 April 2026 — verify at sro.vic.gov.au.
It’s the pre-submission review we do before any application goes to a lender. We check your income, expenses, credit profile, and deposit source against the policies of the lenders most likely to suit your situation. You know where you stand before we submit anything. If no lender on our panel is a genuine fit, we’ll tell you, that’s The Quick No.
We have access to more than 45 lenders through our aggregator Connective, including the Big Four banks, mid-tier lenders, non-bank specialists, and SMSF lenders. The full current panel is disclosed in our Credit Guide. Different lenders suit different borrower profiles, the panel is the tool, The Honest Assessment is the judgement.
Usually yes, and sometimes better. Brokers access the same rates banks offer direct customers, plus wholesale rates from lenders that don’t retail through branches. We compare across the panel and negotiate where it’s appropriate. What we don’t do is guarantee a specific rate — rates move, and lender policies vary by borrower profile.
Call us on 1300 188 808 or book a 30-minute first meeting online. No obligation, no fee, no paperwork before the call.
If you want to know where you stand before you start house hunting — or before you sign anything — book a 30-minute first meeting. We’ll give you a realistic picture of what you can borrow, which schemes apply, and which lenders are worth approaching.