Mortgage Choice in Yarra City- Ashleigh Ong

01/01/2023

Happy New Year from Mortgage Choice
We can't wait to see what 2023 brings. 🎉

29/11/2022

Finding the right home loan is an essential step within the property journey and therefore it's important that your loan is right for your current circumstances.

As not all home loans are the same, it may be confusing and challenging to know which loan is right for you.

That’s where a mortgage broker can help. Contact us today and we’ll take the hard work out of finding you the right home loan.

27/11/2022

What does the Federal budget 2022 means for Australia’s property market?

Labor’s first budget since forming government aims to address housing affordability over the long term by ramping up supply. The government has set an ambitious agenda to build one million homes over five years.

Read more on our blog:

The government has set an ambitious agenda to build one million homes over five years.

25/11/2022

Stamp duty is a state and territory government charge incurred by a buyer when purchasing a property. The amount of stamp duty you will pay can depend on the price you paid for the property, where you are buying and your eligibility for first home buyer savings.

Work out an estimate of how much stamp duty you could be liable to pay on a property purchase with our stamp duty calculator:

https://bit.ly/3z6yxE3

23/11/2022

A portable loan could save you the time, cost and the hassle of refinancing or getting a new home loan, but it's not without caveats.

Home loan portability is a feature that allows you to keep the same home loan product but change the supporting security (property). It could save you the time and costs of refinancing. Keep in mind though, that there are generally fees to make use of this feature.

Contact us to discuss whether a portable loan might be the right option for you.

21/11/2022

Having multiple debts can make it challenging to keep track of your repayments. It may result in paying more fees and you may even be paying a higher interest rate depending on the types of loans you have.

Refinancing to consolidate your debt could help you save money and get back in control of your finances. Having just one lender, one repayment and one set of fees to manage seems far simpler.

We can help you select the consolidation loan that’s right for your needs, contact us today.

19/11/2022

Has your home earned more than you?

Some home values have outpaced the average annual salary in their suburb by more than 10 times over the past financial year.

Read more on our blog:

Some home values have outpaced the average annual salary in their suburb by more than 10 times over the past financial year.

30/08/2022

Here are three key steps to starting your journey as a property investor:

1. Establish goals and create a plan - understand the rental market, understand your financial position and know your potential return.

2. Ensure you have enough for a deposit, know how much equity you have in your current property and understand lenders mortgage insurance.

3. Calculate the costs - stamp duty, body corporate fees, council rates, maintenance costs and more.

Contact us to discuss investment loans and to start your property investment journey.

25/08/2022

Did you know 67% of all new home loans written last year were through a mortgage broker?

By using a local home loan expert, they can negotiate with the lender on your behalf, help you to find the right solution for your needs and can give you sound advice to help you make the right decisions through your home loan journey.

At Mortgage Choice, you’re never a loan. Contact us today.

23/08/2022

Looking to buy in 2022? Tick off these items and you will be on your way to home ownership.

When you’re ready to take the next step, we’ll be here to guide you through the process.

Contact us today.

19/08/2022

Is refinancing on your household to-do list? A fourth rate hike has been a cue to review for many home owners.

Speak to us to get a clear picture of how your loan shapes up or find out more on our blog.

Interest rates are at record lows, but may not stay that way forever. Compare loans across over 30 lenders to find one that works for you here.

17/08/2022

QUICK TIPS: Optimise your saving efforts.

1. Establish a budget and set a savings goal.
2. Look at your bank statements and review items like memberships, phone plans and subscriptions.
3. Consider using a savings account or a term deposit to get your money working for you.
4. Set up automatic payments to your chosen savings account.

Contact us today for more helpful tips on saving for a deposit.