Mortgage broker · Hobart, Launceston, Devonport
Home loans from a former bank underwriter
Liam Marshall spent about eight years inside CommBank and MyState Bank. Now he compares 40+ lenders for you.
Buy a home
First home, next home or a build. Deposit, duty and pre-approval worked out before you bid.
Refinance
Check your rate against 40+ lenders, and see what switching would cost and save.
Invest
Loans kept separate and equity released on time, with the next purchase in mind.
Business
Commercial property, equipment finance and business loans for owners and tradies.
Some of the 40+ lenders we compare
01 / The underwriter’s view
We know how a credit assessor reads your file
Liam led an underwriting team at MyState Bank. An assessor works from a policy manual, a serviceability calculator and your bank statements. Four things they check catch most borrowers out.
Your bank shows you one rate. We compare 40+
A branch lender can only sell that bank’s loans. A broker has no lender quotas, and the law requires us to act in your best interests.
Broker or bank: how each is paid02 / How it works
Four steps, from first call to yearly review
You talk to Liam at every one of them.
Talk
A 20-minute call about what you want to do. No documents needed yet.
Compare
Your scenario priced across 40+ banks, mutuals and non-bank lenders, explained in plain English.
Settle
We package the application, lodge it and chase the lender through to settlement.
Stay sharp
Every year we check your rate against the market, so the loyalty tax never gets a grip.
03 / Buying your first home
Tasmanian first home schemes, in figures
As at November 2026. Eligibility rules, property price caps and credit assessment apply to every one of them.
- First Home Owner Grant$20,000For eligible first home buyers who buy or build a new home, on contracts from 1 July 2026 to 30 June 2027.
- 5% Deposit Scheme5% depositAn Australian Government guarantee in place of lenders mortgage insurance. Price caps of $700,000 in Greater Hobart and regional centres, $550,000 elsewhere in Tasmania.
- MyHome shared equity2% depositHomes Tasmania takes a share of the property, so your loan is smaller. Income and asset tests apply.
- First Home Super SaverUp to $50,000Voluntary super contributions you can withdraw towards a deposit, with $15,000 counted per financial year.
04 / What we arrange
Every loan we arrange
Home and investment
- First home buyersGrants, the 5% Deposit Scheme, MyHome and pre-approval for your first home.
- RefinancingCheck your rate against 40+ lenders, reprice with your bank or release equity.
- Investment loansLoans kept separate, equity released on time, set up for the next purchase.
- Construction loansLand and build, progress payments and knockdown rebuilds.
- Bridging loansBuy your next home before the current one has sold.
- Self-employedTax returns, BAS and low doc options for tradies and business owners.
- Guarantor loansHow a family guarantee works, and the risks for both sides.
- Debt consolidationRoll car loans, personal loans and cards into your home loan.
Business and commercial
- Commercial property loansBuy your own premises, or invest in office, retail or industrial.
- Business loansTerm loans, overdrafts and lines of credit for growth or cash flow.
- Asset and equipment financeUtes, trucks, machinery and equipment without tying up cash.
- SMSF loansBorrowing inside a self-managed super fund to buy property.
By profession
05 / Calculators
Run the repayments yourself
A rough guide. Lenders each work the numbers differently, so the real figure comes from running your details past them.
Estimate only. Assumes the rate stays the same for the whole term and leaves out fees. It is not a quote or an offer of credit.
06 / Who you deal with
Liam Marshall, founder
Liam was a home loan specialist at Commonwealth Bank in Hobart, then a mortgage underwriter and underwriting team leader at MyState Bank.
He started Modern Lending to put that training to work for borrowers. He is based in Tasmania and works with clients in Hobart, Launceston, Devonport and across Australia.
Questions people ask first
What does a mortgage broker do?
We compare loans from 40+ lenders against your situation, recommend one and give our reasons, then run the application through to settlement. After that we check your rate every year.
How is Modern Lending paid?
The lender pays us a commission when your loan settles. We put the amount in writing before you sign anything. See broker or bank for how each side is paid.
Why not go straight to my own bank?
Your bank can only offer its own loans and its own credit policy. If that policy doesn’t suit your income or deposit, the answer is no, even when another lender would say yes.
How much deposit do I need in Tasmania?
Most lenders prefer 20% so you avoid lenders mortgage insurance. Eligible first home buyers may buy with 5% under the Australian Government scheme, or from 2% through MyHome. On an established home you also need transfer duty, about $20,373 on a $550,000 purchase. See how much deposit you need.
I’m self-employed. Can you help?
Yes. Lenders read business income very differently from each other. Some accept one year of financials, some work from BAS or an accountant’s letter. See self-employed home loans.
Do you only work with Tasmanian clients?
No. We are based in Tasmania and know Hobart, Launceston and Devonport best, and we arrange loans Australia-wide by phone and video.
Accountants, agents and conveyancers
Refer a client and we will keep you informed as their loan moves from pre-approval to settlement.
Let’s talk about your next move
Twenty minutes on the phone. No documents and no sales pitch.