John Ruddick is a Sydney based mortgage broker. For me there is only one important outcome – a great result for my customers

I work with people who want to borrow money to buy residential property. I also help people who already have a mortgage and who want to refinance their debt to a better loan. This service is free and comes with no obligation to proceed.

The process works like this.

STEP ONE
People who are interested in discussing applying for a mortgage phone me on 02 9955 1176 or send me an email using the submit form below with a time that suits for me to call them.

STEP TWO
The purpose of us having a conversation is to discuss the following:

(a) whether now is the right time for you to apply for a mortgage;

(b) what lender would best suit your circumstances;

(c) what loan structure is the most appropriate;

(d) to answers any questions that you may have such as how much your repayments would be, what are the interest rates, fees and features of a particular mortgage and what documents would be required to submit an application.

STEP THREE
If you decided that you wanted to progress, the next step would be for us to arrange an appointment to go over your options in more detail. I am accredited with around 30 banks and other lenders and so would go through the various lenders that I believe represent the good value for you. This can take around an hour.

Unless the applicant needs an approval quickly, I don’t ask people to make a decision about which mortgage they want at this first meeting. This initial appointment is an information session for your benefit. If you did not want to proceed there is no obligation to do so at this or any other point.

STEP FOUR
Once you have had some time to think through your options and you have decided to proceed with an application we would then meet and complete an application. I will have prepared a list of documents that need to have been copied so that the application can proceed. These mainly relate to verifying your income and establishing your deposit.

STEP FIVE
I then submit the loan application to the bank. Accompanying the application is a professionally prepared Loan Summary which is a discussion of the key points of the application and why I believe the loan should be approved. This is a key document.

STEP SIX
The lender will then approve the loan application and then send the loan documents to you. At that point you may want to contact me to go over the loan documents with you to fully explain everything. In some cases it is important that you also review the documents with your solicitor. After you sign the documents and return them to the bank settlement of the loan will take place shortly after. 

STEP SEVEN
This is only the beginning of the relationship. It is critical that you understand how to get the most out of your mortgage as it is an important part of your life. I am always available for you to call whenever there is a change in your circumstances and you need to adjust your loan structure. Even if you have a fairly basic question about your mortgage I am happy to discuss it with you.

BACKGROUND OF JOHN RUDDICK HOME LOANS
John Ruddick is a Full Member – Independent Operator of the Mortgage Industry Association of Australia (MIAA).

John Ruddick previously worked for one of Australia's leading non-bank lenders - Wizard Mortgage Corporation. In early 2002 John joined Australian Finance Group (AFG) who are Australia's largest network of mortgage brokers. In 2004 John won the AFG award for most amount of settlements in New South Wales for an Independent Operator.

John has completed a Diploma in Mortgage Lending from the Securities Institute. He studied history at the University of Sydney and was completing a law degree in 1996 when he was offered a role as an advisor in Parliament House, Canberra , where he worked for the next few years.