Home loans for Melbourne property buyers and investors
Are you a first home buyer, property investor or looking to refinance?
Chances are you have a lot of questions about financing your mortgage:
What type of home loan should you get? What criteria should you be using to compare different home loans?Which home loan lender should you use?What should you take into consideration when selecting your mortgage?Using a mortgage broker who listens to you and understands your home loan needs takes a lot of the hassle and confusion out of purchasing your home.
My expertise is helping home buyers like you achieve their dreams and
make sense of the confusing range of home loans with confidence.
If you want to get a feel of what working with me will be like, contact me to set up an initial interview. I am available to meet with you anywhere in Melbourne whether that is in your office, a cafe or other location in the Melbourne CBD.
So if you're after a wide choice of home loans and the skill to pick between them why don't you give me a call on 0448 889 955 or
click the "Contact Us" link at the top of this page.
5 REASONS WHY MORTGAGE CHOICE IN MELBOURNE CAN HELP YOU WITH YOUR HOME LOAN:1. Experienced Melbourne-based mortgage brokerOver the last couple of years I have underwritten hundreds of home loans worth over $35,000,000 and helped over 100 home buyers in Melbourne with their home loan requirement.
2. Mortgage industry qualifiedI have completed all the relevant industry training and accreditation including the Certificate IV in Mortgage Lending.
3. Accredited mortgage brokerIt's in your best interests to select an approved Mortgage & Finance Association of Australia (MFAA) broker. To be approved or accredited by the MFAA, mortgage brokers must satisfy rigorous criteria on education, experience and ethics.
To remain a member, they must demonstrate they have maintained those standards and kept up-to-date with the latest mortgage industry developments. So when you choose an MFAA-approved mortgage broker, you can be sure you're dealing with someone who has demonstrated knowledge, experience and integrity.
You can check my credentials on the MFAA website (www.mfaa.com.au).
4. Client focused serviceYou'll be dealing with a mortgage broker with extensive client & account management experience. I understand the importance of keeping you in the loop through the home loan application process. When you work with you, you'll know how your home loan application is progressing. That way, you can rest assured you're on track for your all important settlement day!
If you are interested in buying property in Melbourne, rest assured that you will receive high level of service from us.
5. Continually improving with your feedbackWhen you complete your home purchase, you'll receive a customer satisfaction survey which gives you the opportunity to rate my performance. Your feedback will help me fine-tune and improve my processes and help other home buyers just like you enjoy a stress free mortgage application and home buying journey.
6. Great local knowledge of MelbourneYou will be dealing with a home loans specialist that has intimate knowledge of the Melbourne property market and the surrounding suburbs.
WHAT'S NEXT?To arrange a confidential interview to discuss your mortgage requirements and property goals,
click on the "Contact Us" link at the top of this page. Alternatively, feel free to set up a face-to-face appointment with me. I am available to meet you anywhere in Melbourne.
But don't take our word for it, this is what some of our home loan clients say about Mortgage Choice in Melbourne ..."It was great the way you explained each type of loan and really listened to our needs. Great sales skills meant that you were able to ask a lot of questions that enabled you to lead us to a selection of the best loans for us. You kept us informed and pushed as hard as you could. We are very happy. Thanks!" ~N Ward, Templestowe Vic
"John, you were very approachable and always responded to phone messages and emails promptly. You were efficient and flexible when it came to finalising our home loan in a short period (30 day settlement)." ~A Sketchley, Mooroolbark Vic
I look forward to helping you make sense of the home loan maze.
You can contact me using the "Contact Us" link at the top of this page to arrange an initial interview.
How will today's rate cut help you?
Save more by revving up your loan repayment strategy
Published: 3rd May, 2012
Provided lenders pass on all or most of today's Reserve Bank cash rate cut, astute home loan holders who maximise this opportunity could save thousands of dollars in interest and shave months, or even years off their loan term, according to Australia's largest independently-operated mortgage broker, Mortgage Choice.
Company spokesperson Belinda Williamson said, "We hope today's move by the Reserve Bank to lower the cash rate by half of a percentage point to 3.75% does not become a non-event for variable rate borrowers. A decision by lenders to pull the rate lever will likely have a much needed, positive impact on property buyers' plans and borrowers' ability to repay their home loan quicker."
"It is no secret that some lenders have shown a reluctance to pass on the full rate cut in a bid to safeguard their businesses against future funding costs. However, we are hopeful that in an effort to reignite the property market, entice new customers and in the spirit of competition, lenders will lower their home loan interest rates.
"Even if lenders, regrettably, pass on only part of the cash rate cut, astute borrowers who rev up their loan repayment strategy by keeping repayments at the pre rate cut level could save thousands of dollars in loan interest and shave months, or years off their home loan term."
If a lender passes on the full 0.50% rate cut announced today, for someone with a $300,000 loan at 7.25% over 25 years, it would lower monthly loan repayments by around $96.
"If a borrower continued to repay their loan at the pre cash rate cut level, leaving the monthly savings of $96 in each repayment, it could save them $68,364 in total interest payable and may see them repay the loan two years and eight months earlier," said Ms Williamson.
"If lenders choose not to pass on all, or most of the cash rate cut, borrowers should see it as a signal to shop around for a more competitive deal. Of course, they should not move from one lender and/or loan product to another without carefully weighing up the cost versus benefit of doing so.
"Health checking a home loan with a mortgage broker is a great way to ensure you are getting the deal suited to your needs and financial circumstances."
To see the impact extra repayments can make to your home loan, visit Mortgage Choice's Extra Repayments Calculator:http://www.mortgagechoice.com.au/extra-repayments-calculator.