Mortgage Choice, Larissa Meade

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.

15/08/2022

Do you know what your current rate is? Are you prepared for more potential rate rises?

If you're unsure how much your home loan is costing you or what another rate rise could mean for you – you’re never a loan.

Contact us and we’ll help you make sure you have the most suitable loan for your future.

12/08/2022

Rising interest rates, more listings and less competition could see property prices fall as much as 15% nationally by 2023 according to PropTrack.

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.

11/08/2022

Not sure what your regular home loan repayments will be?

Our home loan repayment calculator could help you budget, plan your repayments and pay off your home loan sooner.

Or contact us today so we can find the solution that’s right for you.

https://www.mortgagechoice.com.au/home-loan-calculators/home-loan-repayment-calculator/

08/08/2022

It’s obvious that lenders want customers who are not only low risk, but reliable borrowers. So, what factors do they take into consideration when deciding to approve your loan?

- Your credit history
- Your income
- Your assets
- Your expenses
- Your liabilities
- Your savings history

Contact us today and we’ll guide you through the loan application process.

05/08/2022

The new financial year has brought expanded government support for eligible home buyers.

Banking and Finance Journalist Sarah Dowling covers everything you need to know about the government schemes on offer.

If you would like to know more or have any questions - contact us today.

04/08/2022

The official cash rate has now risen from a record low of 0.1% to 1.85% so far, made up of one 25 basis point increase in May and three double-sized 50 basis point increases in June, July and August.

Read more about the impact of these rate rises on our blog or contact us to discuss what this means for you.

The cash rate has now risen from 0.1% to 1.85% since May.

03/08/2022

Stamp duty is a state government charge incurred by a buyer when purchasing a property.

The cost varies by state and is impacted by the value of the property you purchased and your eligibility for first home buyer savings.

Contact us and we’ll guide you on the costs involved in buying a home and your home loan options.