Graham Baxter
Mob: 0422 888 080

Suite1, Lvl 1
166 Maroubra Road
MAROUBRA NSW 2035
Tel: 02 9314 1413
Fax: 02 9344 3959

Mortgage Choice in Maroubra - A Local Home Loan Team now in the South Eastern Suburbs of Sydney

With a wide range of leading lenders on our panel there's only one place you need to contact should you require advice and assistance on financing or refinancing the purchase of your home or investment property - Mortgage Choice Maroubra!

If you're looking to consolidate debt from credit cards, personal loans or car leases etc.; have an impaired, poor or bad credit history; need finance or wanting to refinance the purchase of a retail, industrial or commercial property; have little or no deposit, with hundreds of home loan and investment loan products to choose from your solution may be a simple phone call away.

For even the most financially savvy, borrowing money can be stressful or make one anxious. This is often so for First Home Buyers. Our service is based around minimising this experience and helping you achieve your goals by finding the right loan to suit your needs.

So if you need advice, why not call us? There's no charge for our service and we provide assistance obligation free. That maybe why we've been voted "Best Mortgage Broker 2007, 2005 & 2004" (Australian Banking & Finance Magazine Awards).

Voted "Best in the Mortgage & Finance Industry MFAA 2008 Excellence Awards".

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.

Email this page to a friend