John Acton
Mob: 0402 790 441
Expert Home Loan Advice for Central Coast Residents and surrounding areas.
With over nine years experience, we have helped hundreds of clients on the Central Coast with their home loan needs. Our goal is to find a home loan that works best for you. When you use Mortgage Choice in Lake Haven, it's like having up to 25 banks & lenders competing for your business. We will compare their various loan products & find the one that is the best fit.
As your local mortgage broker, we are happy to travel to all parts of the Central Coast from Lake Munmorah to Patonga, and anywhere in between. We are available to meet with you at a time and place convenient to you - both during the day and in the evening - 7 days per week.
We can help you to navigate the complex home loan market and to realise your financial goals sooner. Having lived on the Central Coast for ten years we understand the local property market and the needs of:
First Home BuyersThose looking to refinance their current loan or to upgrade their homeInvestorsWith new loan products coming onto the market regularly, meeting with us for a free home loan health check will ensure you have the most appropriate loan product for your needs. We will review your home loan and will compare your loan with those of the many lenders on our panel, not just the rates but the fees, features and benefits too. We will also take into account any potential refinancing costs, such as break fees, to help you work out your options and make the right decision.
Your current home loan may come out on top or there may be a loan more suitable for your needs.
First Home Buyers$7000 NSW First Home Buyers grant is still eligible to applicants that have never owned property previously, call us to find out more. Ph 0243928611. Some exemptions to stamp duty still apply.
Refinancing/UpgradingWhether you need to move, reduce your repayments, use the equity you have in your current home to renovate or upgrade, we can assist by assessing your home loan needs. We have helped hundreds of people upgrade their home or simply refinance their current loan and improve their financial situation by obtaining the most suitable product for them.
InvestorsWhether you are looking at establishing an Investment Property Portfolio, or are a seasoned Investor, our panel of lenders offer a wide variety of loans that may suit your investment needs.
Contact us today on 4392 8611 or 0402 790 441
Did you know ...we also now offer? - Personal loans - for a holiday or debt consolidation
- Motor Vehicle finance
- Business equipment finance and leasing - for vehicles or equipment both large and small.
- Loan Protection Insurance - Protect what matters most to you - how would you and your family cope if you were unable to work?
At Mortgage Choice we do not charge our clients for our residential mortgage services. Mortgage Choice pays us the same* commission, regardless of which lender you have chosen. This means we are only concerned about finding the most suitable home loan for you.
It's all part of our service when you choose to use Mortgage Choice in Lake Haven.
*This information refers only to loans provided by our panel of up to 25 lenders with whom Mortgage Choice has an arrangement, under which it receives commissions and other payments.
Testimonials
" John, you & your team offer an amazing, helpful service. You provide up to date information on rates and lenders. We thank you for your help with our home loan & investment loan. You helped us find the loans to suit our needs & situation. Leanne & Michelle do an amazing job & provide a very professional, reliable service. Thanks again. "
S & S Saul, Belmont.||||||||||||
"John, Leanne & Michelle I can't thank you enough for your committed, professional and excellent "free" service and for the courtesy shown to me by all. You didn't just assist in refinancing a loan, you helped me regain security for my family and sense of freedom I have not felt for years!!! " L Nunan, Tuggerawong||||||||||||
" I'd like to thank John, Leanne & Michelle for all their hard work in arranging my home loan. John was very patient in explaining all details of the loan product and the process involved. Leanne & Michelle were very helpful & knowledgable throughout the whole process. Thanks once again to you all. " K Schubert, Glenning Valley||||||||||||
" John, we loved your service and the girls were great to deal with too. I would tell everybody about you guys. Great service all round. "
K Christie, Blue Haven||||||||||||
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.