Gavin Hoy
Mob: 0410 595 504
Welcome to Mortgage Choice in Leichhardt, your Home Finance Specialist.
NATIONAL ROOKIE OF THE YEAR 2008
Mortgage Choice Business Excellence Awards
Mortgage Choice in Leichhardt is your local home finance centre with over 15 years experience in the finance industry.
Getting a Home Loan can be confusing and somewhat daunting. We understand this and that's why we take the time to listen and discuss your needs.
When you choose our team you are not only getting a home loan, you have our commitment to continually work with you to ensure that your loan meets your changing needs. You see, we go through many different stages in our lives. You may be:
Buying your first home
Starting a family and dropping back to one income
Upgrading to a bigger family home
Renovating your current home
Looking to create wealth with an investment property
Each stage of your life requires a different structure of loan.
We work with our client's, undertaking regular reviews and planning to ensure that their loan changes with them.
Our professional offices are situated in Norton Street Leichhardt opposite Pioneers Park.
Gavin Hoy is a full member of the Mortgage & Finance Association of Australia and holds a Certificate IV in Financial Services.
Contact us today on (02) 9564 0700 and benefit from our experience.
Testimonials
"The initial consultation was very thorough and Gavin really helped us to understand the options available. the rest of the process was extremely efficient. the tam were very friendly, helpful and professional"
R & K Graham
"We found your service excellent! You gave considerable thought to our proposal and delivered a timely, very efficient service which was both courteous and customer focussed"
P & H Schell
"We would highly recommend Mortgage Choice for all your home loan needs. You get to meet with someone that is genuinely interested in finding the best deal for you without pushing added products that you simply do not need. Mortgage Choice take all the hassle out of finding the right home to fit you."
Matthew & Kate
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.