Mackay's Leading Home Loan Specialist
Servicing Mackay and regions including Bowen, Proserpine & The Whitsundays, Nebo, Moranbah and surrounding coal fields.
Graham is Mackay's longest serving mortgage broker, having opened his doors in 1996.
His award winning team has been recognised for business excellence many times at both state and national levels (1998,2002,2005,2006,2007 and 2008).
He believes it is a priviledge to serve his local community and is driven by a desire to help his clients achieve their property goals.
Testimonials
"We would like to take this time to thank you all so very much for the hard work and dedication you showed when helping us find a home loan for our first house. We appreciate the effort and we will definitely be recommending Mortgage Choice to everyone we know. Thank you again, you have helped make our dream come true.
Daniel Fidler & Cheryl Stone
First Home Buyers, Mackay QLD
"Your employees couldn't do enough for me from the moment I walked in. I am very happy with the service and the information I received - I will be coming back if I ever need another loan"
Cory McPaul
Home Owner Mackay Qld
"The team were very professional and honest whilst dealing with our application, They found us the best loan for our circumstances. Thank you"
Dave & Anita Perrigo
Home Owners, Mackay Qld
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.