Andrew Strunk
Mob: 0419 510 486
Andrew Strunk - your local Mortgage Choice home finance specialist in the southern suburbs and Fleurieu Peninsula
Andrew joined Mortgage Choice in July 1999 and opened his own franchise in May 2000, after a long and successful career spanning over 17 years with ANZ.
From his office on Old South Road in Old Reynella, Andrew can assist you with all of your home loan requirements including:
First Home Owners Grant
Investment Loans
Refinancing
Family separations and associated loan structuring
Debt consolidation
Loan top-ups
Property and Commercial development
Home Loan Health Checks
Andrew is a member of the Southern Business Enterprise Group. He has a passion for the local area and is involved in coaching his son's local football team.
Andrew's aim is to provide long-term exceptional customer service during the loan process and well beyond.
Testimonials
Yet again Andrew you were there for us with sound advice and excellent service. Thankyou.
Julie & Kym T - Morphett Vale SA
Investor's
Service provided was thorough and professional
Glen S - Reynella SA
I remember speaking to you on a Sunday afternoon in the middle of a long weekend and the time you gave me then did not bother you at all. Each time you spoke to me you were very polite and nothing was ever to much trouble for you. I am so happy in my new unit. Thanks.
Jane - Morphett Vale
How to choose a home loan
Here are 5 essential tips that you should consider when choosing a home loan:
1. Interest rates
Interest rate is obviously important, but remember that you are not simply looking for the home loan with the lowest interest rate because there are many other considerations.
For example, the mortgage lender with the ‘best’ interest rate may have high ongoing fees and therefore your home loan may cost you more in the long term than a similar one with a higher interest rate.
Be sure to consider ‘break and switch’ costs as well because if you decide to pay out your home loan or refinance before time will you be charged exorbitant fees to do so.
Also, be wary of an introductory rate. It may be ‘cheap’ at the start but it may also revert to a much higher rate after once the introductory term has finished. You should try to negotiate an interest rate discount with your mortgage lender over the longer term.
2. Features and flexibility
What are the home loan features that you need? Home loans with the ‘best’ interest rate may not have all the features you need or be as flexible as you need it to be. For example, do you want the ability to pay extra so you can prepare yourself for future rate rises and also create a buffer if your financial circumstances change?
You also need to consider the accessibility of your mortgage lender in terms of ATM, internet, face-to-face contact, etc. Decide what you need and ask whether your chosen home loan lender has the features available.
3. Consider the current home loan approval times
Is your home loan approval time critical? If so, the lender with the ‘best’ home loan may not be able to get your loan approved in time. During peak processing periods, lender service times can vary between 2 to 20 working days.
4. Compare home loan products
Visit a reputable mortgage broker with more than 20 lenders on their panel. This way, you can research and compare a broad range of home loans and lenders all within the one visit.