Mortgage Choice in Joondalup can help you with home loans, finance and more. We are your Northern Suburbs experts.
Buying your first home?
Upgrading your family home?
Investing in property?
Building a new home?
Purchasing vacant land?
Borrowing for personal investments?
Buying a Car?
Buying a Boat?
You might think that choosing the right loan is a bit daunting, That's where we come in. We have access to hundreds of loans products from our wide panel of lenders. So let's sit down and compare and contrast them and find the options that suits you. We'll also help you with the paperwork and do all the running around. So talk to us today
We service Joondalup and all surrounding suburbs including Yanchep and Two Rocks. Call in to our office in Boas Ave Joondalup or we will come to you!
For More Information Contact: The Mortgage Choice Team in JOONDALUP- 08-93009322 All Hours
WE LOOK FORWARD TO SPEAKING WITH YOU SOON
Testimonials
Phil your expertise in assisting us was the best financial advice we have ever received.Add to this your prompt response to all question,kept us across your progress.
Pat and Donna Cleary WA June 2010
Thank you Phil and Russell for their outstanding level of service and their helpful and professional approach> I would not hesitate to recommed this service.
Catherine Sanders WA July 2010
Very appreciate of your professionalism industry knowledge and service client relations. Drew Hallsworth WA August 2010
Phil Farrugia is professional and easy to get along with. Nothing was a problem with him with our Top-Up of loan Sensational Service Will deal with Phil again next year sometime to purchase another property. A and J Fitzsimons WA
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.