Gary Bieser
Adrian Nung
Home loan & investment loan specialists in Sydney's Inner West
A great deal of our business comes by way of referral from our very satisfied existing clients. Do you want to experience this same high level of service?
Mortgage Choice at Concord offers an Independent Mortgage Broker Service. We are an independent business with more than 10 year's experience.
We have the experience and expertise to help you find the loan that best suits your needs, whether you're a first home buyer or an investor. Our office has written thousands of home and investment loans over the past 10+ years, so you can rest assured that no matter how complicated or straight forward your situation, we can give you the best advice for your individual needs.
To better understand how we can help you achieve your home loan goals, please feel
free to contact us by clicking on the Contact Us link above or calling us on 8765 8700.
Testimonials
Dear Gary, Thankyou for your recent assistance with our loan. Once again we are very pleased with the outcome, which will save us a great deal of money. We have developed a good relationship with you over the last 7 years and would be more than happy to recommend your services to anyone thinking of obtaining a loan or refinancing. You have always gone above and beyond what we would expect from our mortgage broker and this instance is no exception. You made the process very easy for us with a fantastic result.
We will continue to send our family and friends in your direction. Thanks again.
13 April 2012|||Ben and Rachael Middleton|||Refinancer|||Concord|||NSW
Dear All, Thanks for all your assistance on completing this important milestone in our life. This is just a small email to express my gratitude. To Carole, who handled recent settlement hiccups quite well. To Adrian, who answered all our queries being a first time buyer and help us clearly understand all steps involved. To Gary, who kicked off everything and always available even on ad hoc after office hours meetings (which I really appreciate). To the Rest of Mortgage Choice Concord Staff, who are always there whenever I need to ask/arrange something with them. I can say that I made the right decision to go though Mortgage Choice. I really admire the professionalism/ and diligence of the Team who handled our case. Thank you so much.||| Engramar Bollas|||First Home Buyer|||Greenacre|||NSW
The process was made simple for me as Gary and Evan completed paperwork, answered questions and were always at the end of the phone. All questions were answered promptly.|||Angela Hatton|||First Home Buyer|||Wattle Grove|||NSW
Excellent! At first we had no real idea of steps or options to by our first home, but the team at Mortgage Choice Concord made the process so easy. I would recommend this service to everyone who is thinking about buying a home. Thanks Gary and Evan.|||Benjamin Wightman & Nicole Zalewski|||First Home Buyer|||Ropes Crossing|||NSW
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.