Caroline Jean-Baptiste
Mob: 0425 800 887

Mortgage Choice
Tel: 07 3366 8604
Fax: 07 3366 8408

Your Mortgage Choice broker in Inner North Brisbane

Arranging home loans, Servicing all Brisbane suburbs including Brisbane, New Farm, The Gap, Fortitude Valley, Newmarket, Ashgrove, Red Hill, Newstead, Milton

Winner - Gold Award 2011
Finalist - Single Operator of the Year 2009
Winner National Single Operator of the Year 2007
Winner Queensland Single Operator of the Year 2007

Call to make an appointment with an award winning mortgage broker.

WHAT WE OFFER YOU
Caroline and her team excel at highly effective and personalised service which means:

  • You'll receive dedicated support and personal attention from the principal and staff, providing you regular updates so you'll always feel like you're in the loop
  • Caroline will help you find the most suitable loan and a better deal, genuinely taking the time to listen to your needs and provide a loan structure that your accountant and financial planner will also be happy with
  • A more friendly and stress-free experience


  • WHAT WE DO
  • Residential purchases - we help you with the First home owners grant or any other paperwork
  • Investment loans - we can structure your loans and consult with your accountant or financial planner
  • Refinancing - we ensure you get the most suitable loan and a competitive rate
  • Debt consolidation
  • Loan structure - we can help you achieve your financial goals
  • Equipment finance
  • Commercial loans


  • As a Mortgage Choice Broker we are paid by the lender so there is no cost to you.

    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.

    Thanks Caroline and thanks for all your patience and wonderful help.
    You have made this a very easy process for us. We will have no hesitation to recommend your services in the future to people we know. With heart filled thanks.

    Tracey and Daniel
    Property Investor
    Virginia, QLD

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