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Mel Finance Mortgage Brokers Melbourne

Mel Finance Mortgage Brokers Melbourne

5.0(222 reviews)See reviews ↓·Melbourne

About the company

Mel Finance is a boutique Melbourne-based mortgage broker. Lumbini Wekunagoda is the founder of Mel Finance and a Mortgage Broker at the firm. Warren is the Business Development Manager at Mel Finance. Mel Finance is an accredited member of the Mortgage and Finance Association of Australia (MFAA). The brokerage has direct access to over 55 banks and lenders.

Mel Finance specialises in the 5% Deposit Scheme. It offers a free property report prepared by a leading property data solution company in Australia, currently only for Melbourne clients. Mel Finance provides services for first home buyers, including helping them navigate buying a property, figuring out borrowing capacity, and securing a home loan.

What customers say

Based on genuine customer reviews

First-home buyers and refinancers repeatedly describe the same experience of working with Lumbini Wekunagoda at this Melbourne practice. Several customers explain that they arrived knowing very little about mortgages and left understanding every stage, with complex lending terms broken down patiently and without any question treated as too small. A point that comes up often is his availability: clients report phone and video calls arranged around their own schedules, including early mornings and late evenings, and quick responses to queries as applications progressed.

Reviewers also highlight the comparative analysis of different lenders that let them weigh options and make an informed choice, along with swift handling of approvals and the resolution of issues that arose during that stage. First-home purchases feature heavily, and refinancing appears too, including one client who gained both a lower rate and a forward-looking wealth strategy. Families, colleagues and friends are mentioned as people to whom the service has been passed on, and the same name is credited again and again for making the purchase feel manageable.

Finance brokerLow income housing programMortgage lender

Reviews

Reviews are taken from publicly available sources.

DN
Daniel Nic8 July 2026

First time buyer. Lumbini was informative and took the time and care to understand our needs. Was super helpful in providing an analysis against different lenders so we could make an informed decision. Very knowledgeable and responsive. Thanks Lumbini! Daniel

L
Lisa16 June 2026

Lumbini has been incredibly helpful and supportive throughout the buying journey. No question was too small and Lumbini was always quick to respond to any queries I had. He made the process seamless and so much more manageable to deal with. Thank you Lumbini!

JP
Jihyung Park5 June 2026

We had a great experience working with Lumbini. He guided us through the whole first home buying process and even helped us understand how to negotiate with real estate agents. Whenever we faced challenging situations along the way, he was confident, supportive, and provided us with clear and helpful information. His guidance made the process much less stressful, and we really appreciated his knowledge and professionalism. We highly recommend Lumbini to anyone looking for a reliable and supportive broker.

LT
Larissa Thurley11 May 2026

Lumbrini was excellent throughout the whole process. I found him through Google, and the reason I reached out was because he was one of the highest-rated brokers — and honestly, I just needed someone competent who could get the job done fast. He processed everything in record time and honestly pulled off miracles along the way. His communication, efficiency and ability to navigate challenges made the whole experience so much less stressful. I genuinely couldn’t recommend him highly enough.

JO
Jerri O'Leary6 May 2026

I've been on my home purchasing journey for 3 years now trying to find the right place at the right time and I have now moved into my first home! Lumbini has been there every step of the way. He helped me with multiple pre-approval's with the bank and always provided great advice with different home options for me, he also spent the time to explain the different options I had at the start which was very helpful as it can feel like an overwhelming experience. I would recommend him to anyone and everyone who was interested in purchasing a home!

ST
Seraphina Teo8 April 2026

I heard about Lumbini through a friend, and he honestly was incredible! He helped clearly explain my options and guided me in selecting the best option. He doesn't just care about a one off transaction, but is super relational and reliable for the long term. As a first home buyer, Lumbini helped me gain real estate literacy and understanding, assured me throughout the whole process, and was always one call away when I needed him. I recommend him to anyone looking to buy a property, refinance, or anything real estate related! 10/10 service.

KL
Kira L7 March 2026

Lumbini was such a great help - from explaining the mortgage process to guiding me through buying my first house he has been so helpful and supportive. He works quickly and efficiently but also detail oriented - the whole process was very smooth as a FHB. He's also very friendly and passionate about his work and will help you through every step of the process. I've had a great experience and already recommended to all my friends and family :)

Lenders & loan agencies in Melbourne compared

Ordered by rating, weighted by the number of reviews — businesses with only a handful of reviews do not jump to the top automatically. 10 businesses in this category in Melbourne are compared.

RankProviderRatingReviewsOpen Sat.
1Mortgage Broker Melbourne★ 5,0589Yes
2My Mortgage Freedom★ 5,0361No
3What If We Finance Mortgage Broker Melbourne★ 5,0322Yes
4Accession Finance: Mortgage Brokers Melbourne★ 5,0287Yes
5Mel Finance Mortgage Brokers Melbourne (this page)★ 5,0222Yes
Contact
+611800941947melfinance.com.au28/303 Collins St, Melbourne VIC 3000
Working hours
Monday08:00–22:00
Tuesday08:00–22:00
Wednesday08:00–22:00
Thursday08:00–22:00
Friday08:00–20:30
Saturday08:00–21:30
SundayClosed