Darren Brown
Mob: 0407 084 104
Sharon Brown
Mob: 0408 955 550 (WA FB Lic No: 3104)
The Bassendean Home Loan experts. Located opposite the Bassendean Shopping Centre on Old Perth Road.
We take the time to understand what you are seeking in a home loan and how this relates to your future goals and aspirations. We can offer scenarios and options to our clients that are outside the rigid thinking of most bank managers and loan clerks.
We've been helping our clients with their home loan needs for over 5 years and are confident we can show you why our clients keep coming back. We can assist you in achieving your dream of buying a first home or investment property, if you're already in your home, as a local Mortgage Broker we can assist you with obtaining a loan for renovation, or refinance for easier repayments.
As a business operator and franchise owner we have a strong reputation in the local community for delivering outstanding service. The Perth hills area is our speciality and we service Bassendean, Guildford, Mundaring, Sawyers Valley, Kalamunda, Ellenbrook, The Vines, Chittering, Bullsbrook, Mount Helena, Midland and surrounding areas. Let us offer you Home Loan advice on:
First Home Buyers Grant
Refinancing your existing loan to move or consolidate debt
Investment Loans
Loans for Renovations
And let us answer the question "How much can I borrow?"
Here at Mortgage Choice Bassendean we also specialise in shift workers, self employed, PAYE/PAYG income earners, FIFO's, overseas clients and government employees. We have a large number of clients in Regional Australia who we communicate with by email, fax and telephone and this may also be convenient for you.
Our office is located next to Bassendean Oval and behind the Bassendean Shopping Centre but we also welcome appointments to visit you in your home or workplace. Best of all, as a Mortgage Choice Broker, we do not charge you for our service and we are paid the same commission for all the lenders on our panel.
Contact Darren Brown, Sharon Brown, David Gaynes or Mark Steedman today on (08) 9378 1775
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.