John Sinclair
Mob: 0438 882 317
Specialist mortgage broker servicing Sydney CBD. First Home Buyers welcome.
OFFICE
Mortgage Choice (Wynyard)
Suite 305, Level 3, 301 George St,
(almost above CBA & Wynyard Station)
Come and relax in our office to discuss your situation and how we can assist you.
FIRST HOME BUYERS Find out what you qualify for & how much you can borrow.
Borrow more - up to 95% (new loans)
Refinancing - consolidate credit cards and save
INVESTORS - discuss the hot spots to buy, organise your loan and talk with a Specialist
We can meet with you at our office during the day.
BALANCED & PROFESSIONAL ADVICE: You deal with the franchisee, "the person who owns the store". We put our clients first, assuring you of balanced and professional advice.
TIME-SAVING & CONVENIENT: We do the running around, the research and comparisons for you, thus saving you the time and hassle involved in finding the right home loan. We lodge the application and do all the follow up through to loan approval and beyond. Now that's convenient!
Testimonials
"As a new home buyer I didn't know where to start. Pre approval, FHOG, BOOST and much more - what did it all mean ? I met with John and we sat and discussed where to start, he helped with all of the paperwork, and was available when we bought the property. Let me just thank him for all of his time and patience to explain even small details that I now see as unimportant ..... Again, we could not have done it without his help. We wish him the best and can understand why he has loyal clients who return and refer new people to his business."
Wayne & Cherie M Pyrmont
"It is not often that you find someone who could have helped us as much to gain our new home. We have been looking for over 6 months and every time we had to renew the preapproval, he was there. We also had to swap lenders as interest rates & policies changed, all to our benefit. John also provided us with numerous reports on different properties from Residex & RP Data which was able to help us in our negotiations for the properties and to avoid overpaying for our home. We would recommend him to you."
Sharon & Ryan H
Sydney
"Thanks John, you made what seemed to be complex, easy to understand and helped us throughout the process with our first home loan". David, Surry Hills
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.