Mohit Lal Pradhan is a Senior Mortgage Broker at Home Loan Experts with over 10 years of experience in the Australian Finance and Brokering Industry. He specialises in Residential Lending and has extensive expertise across various niche areas within his specialty. Having handled more than 3,000 different loan scenarios and personally submitted around 2,000 loan applications with a high conversion rate, Mohit brings a wealth of practical knowledge to his clients.
He works closely with nearly 30 lenders, including the Big 4 Banks, non-major banks, second-tier lenders, specialist lenders, and private lenders. This diverse lender panel enables him to offer tailored solutions for a wide range of situations, provided clients can afford the mortgage repayments and have a solid repayment strategy.
Mohit’s strong relationships with lenders, backed by the substantial volume of business he generates, often result in access to better offers, policy exceptions, and competitive rates. Additionally, he provides valuable insights on property selection, investment strategies, property types, and taxation optimisation to help clients make well-informed decisions.
Mohit's Specialties
His areas of specialty include:
- First Home Buyers
- Low Deposit Home Loans
- Waived LMI for Medical Professionals, & Other Professionals
- Investment Home Loans & Equity Release
- Professional Investors & Portfolio Lending
- Self-Managed Super Fund (SMSF), Trust Lending & Complex Structure
- Self-Employed, Low Doc & No Doc Loans
- Unusual Income Type & Contractors
- Unusual Properties & Rural Locations
- Expats, Non-Resident Lending, Visa Holders & Foreign Income
- Adverse Credit & Low Credit Score
- Standard Commercial Lending
Mohit's Support Team
Mohit Lal Pradhan leads a team of five highly experienced Credit Analysts. Once the necessary documents are submitted, a dedicated analyst will be assigned to assist Mohit in assessing the client’s file, performing the role of a credit assessor and handling basic calculations. Upon receiving the analyst’s assessment report, Mohit can provide an accurate lender recommendation, ensuring an effective and efficient process to achieve the desired outcome.
Additionally, Mohit assigns a Loan Processing Staff (LPS) member to each client to provide regular updates. Once the loan is submitted, the LPS team engages by contacting banks to expedite the process, aiming for a quicker resolution. They typically respond to client inquiries within the same business day.
Mohit also offers access to an exceptional post-settlement Customer Care Team. This team proactively reviews the client’s loan annually, negotiating interest rates through repricing, providing free property reports, and addressing post-settlement queries within the same business day. Clients can also contact the team to negotiate interest rates before the annual review, switch from variable to fixed loans, adjust repayment dates, or resolve other post-settlement concerns.
Statistics & Performance
| Work Experience | 10+ Years and addressed nearly 3000 loan scenarios. |
| Total Loan Application Done | Nearly 2000 applications worth $800,000,000 ++ |
| Relationship with Lenders | 30+ Banks & Lenders including Big 4, Non-Major Banks, 2nd Tier Lenders, Specialist Lenders and Private Lenders |
| Status with Lenders | Elite, Flame and High Priority Broker with many lenders due to the work quality and volume |
| Conversion Rate | Extremely High (Submission to Approval is nearly 93.8%) |
| Strength | One Touch Loan Approval, Excellent Communication, Transparency Throughout the Process, Educating Clients, Broker for Life Service |
| Customer Rating and NPS Score | Excellent |
| Client Testimonials & Reviews | This can be found in the bottom of my webpage or click direct Client Reviews & Testimonials |
Education & Membership
- Master’s degree in marketing
- Bachelor’s degree in business & finance
- Cert IV and Diploma in Mortgage Brokering
- Active Member of FBAA (The Finance Broker Association of Australia)
- Active Member of MFAA (Mortgage and Finance Association of Australia)
Awards
For his constant focus on his clients’ needs, Mohit has been recognised as a winner or finalist for multiple internal company and industry awards. He won MPA Magazine’s Young Gun Award 2019 and is a finalist for the Better Business Awards’ (BBA) Best Residential Broker of the Year 2021. Mohit’s other honours include:
- Won AMA Broker Of The Year Productivity 2023
- Won MPA Top 100 Brokers 2022
- Finalist for BBA The Rising Star Broker 2021
- Finalist for ABA Rising Star Broker 2020
- Finalist for AMA Best Young Broker of the Year 2020
- Finalist for AMA Best Young Broker of the Year 2019
- Finalist for BBA The Rising Star Broker 2019
He was also featured in one of the leading industry publication, MPA magazine – ‘How 3-year plan helps new broker break into industry’.
Mohit's client stories
- Self-employed Home Loan For Commercial Property
- 105% No Deposit Home Loans For Doctors
- Winning A Slot For The First Home Loan Deposit Scheme (FHLDS)
- Securing 100% of Property Price With Waived LMI
- Low Deposit, Big Dreams: Building Their First Home
- 105% No Deposit Home Loans For Doctors
Mohit In The News
- Brokernews – The 2024 Australian Mortgage Awards
- Brokernews – Celebrating Australia’s mortgage leaders and industry achievements for 2024
- Mpamag – Feature Profile Of Excellence Awardee Mohit Lal Pradhan AMA 2024
- Brokernews – Revealed: Australian Mortgage Awards 2024 excellence awardees
- Mpamag – Limited seats left for Australian Mortgage Awards 2024
- Australian Broker – Revealed: Australian Mortgage Awards 2023 winners
- Brokernews – Who are the finalists for the Australian Mortgage Awards 2023?
- Mpamag – Top 100 Brokers 2022
- Sydney Morning Herald – Major banks on mission to reduce ‘time to yes’ for loan approvals
- Brokernews – Australian Mortgage Award finalists of 2020
- Brokernews – 2020 Australian Mortgage Award winners named
- Brokernews – Finalists announced for 2019 Australian Mortgage Awards
Testimonials for Mohit
Challenge Accepted
Being a company owner (self-employed) with trusts and other accounting complexities proved difficult with previous lenders but the team at HLE really did take the time to understand and process all the information resulting in a fairly smooth finance on two properties for me in Tasmania. Certainly wasn't easy but Sushan, Bibesh, and Mohit got the job done and I would 100% recommend using them.
Mark B.
Launceston, TAS
Excellent Service
Over the last five years, Mohit and his team have helped me with a few home loan applications (including refinancing). They have been responsive and hardworking, and have maintained good customer support even after the loan has been completed - for example negotiating lower rates when needed, without even me asking.
Tan C.
Greater Melbourne (Metropolitan), VIC
