About Model Mortgages

Model Mortgages was founded in 2004 in Sydney’s Eastern Suburbs. We are genuine experts in finance, with Commercial and Residential lending experience gained at major banks and non bank lenders. Our previous experience working in Financial Planning, Accounting and Stockbroking practices also gives us a broad understanding of the short & long term financial needs of our clients.

More recently in 2016 we’ve completely reinvented our processes and improved our technology to create a faster, friendlier process that, so far, our existing clients are loving. Being able to apply on your iphone, including uploading documents. Leaving meeting up for coffee or tea to complete identification requirements, a quick process as we’ve done so much already online. Also as our small team of brokers are highly experienced thus allowing us access to some lenders top broker streams which allows us rapid response and approval times in some circumstances.


Vrginia Graham Mortgage Broker

Virginia Graham

Virginia Graham manages loans for Model Mortgages, and is a qualified financial planner. She is regularly consulted by the Austereo MMM radio network on interest rates and has appeared on Channel Seven news and current affairs programs as well as more recently the Ch 9 Today show. Virginia previously worked for ANZ Bank’s Treasury department as an interest rate dealer and for stockbroking firm Salomon Smith Barney. She has a bachelor of commerce majoring in finance, banking and business economics. Earlier in her career, Virginia was a fashion model in New York, and has appeared on the cover of several fashion magazines, including Australian Vogue. She recently wrote a book Flirting With Finance and is a regular contributor to Woman’s weekly online and most recently hosted a series of finance videos for the Sydney Morning Herald and the Age.

About Phil Riches


Phil Riches Mortgage Broker

Phil Riches











Phil manages Business Development for Model Mortgages. Phil has 10 years Commercial and Residential lending experience, most recently employed as a Senior Business Development Manager within Commercial Banking at Westpac Banking Corporation. He has an extensive background forging long term partnerships with Accounting and Financial Planning practices; providing economic overviews, discussing Accounting best practices and common issues as well as assisting their business and consumer clients with their often complex lending requirements. Previously he was a financial planner in the UK where he also managed a sales team. He holds financial planning and accounting qualifications from the UK.


About Finance Broking*

What does a finance broker do?
A finance broker looks at all of your financial circumstances (with the aid of our fact find) including home and investment loans, equipment finance and business loans and then provides possible loan structures and pricing for you to choose from.

How are they paid?
Finance brokers are paid by the banks and financial institutions when you sign up for a loan.

Does this mean I pay more?
You will not be paying more for your loan if you use a finance broker. Bank and financial institutions will either pay their internal loan departments or the finance broker – so there is no extra charge for the lender.

How much are brokers paid?
This will vary depending on the bank and the loan. Model Mortgages has a policy of full transparency and disclosure and tells you about the commissions at the time of application for your loan. Generally the more the bank is involved, the less the broker is paid, especially for our direct bank relationships. This has no extra cost to you.

* For larger commercial loans there are seperate broker charges.

Model Mortgages is a full member of the MFAA and a member of COSL . For more information about our internal resolution policy see here.

Enquire online to find out more about our loans.