Kerry Teakle
Welcome to Mortgage Choice Mile End
WHAT ARE THE BENEFITS OF USING MORTGAGE CHOICE?
We offer you a wide choice of home loans
We analyse hundreds of loans fro a wide panel of lenders, including many of the major banks. If you go directly to a bank or lender, you will be limited to their own home loan products.
Our service will save you time
We will save you time by doing the research for you, shortlisting the home loans that best meet your needs and help you with all the paper work.
Our service is at no cost to you
Unlike many other brokers, our consultants are paid the same* no matter which lender you choose and we don't sell our own home loan products, so we have your best interests in mind.
Whatever your situation, we can help
Whether you are a home buyer, investor or interested in refinancing or consolidating, we will help you find a loan that's right for you.
Let us do the legwork and meet you at a time and place that suits you - it's that easy!
Let the team at Mortgage Choice Mile End do the legwork for you and find a loan that's suits your needs
Testimonials
"Kerry and her team made the whole process so easy and understandable and she always went beyond in terms of service (so hard to find these days) so we were absolutely thrilled! Thanks"
HD & SP
"Everything about the service was excellent. As a first homebuyer, I needed someone I could trust and Kerry was brilliant. I have a buys lifestyle and I appreciated the way Kerry would work in to suit me - she was lovely, friendly and so helpful. I don't think I could have made a better choice."
Leonie W
"I appreciated your prompt, friendly and professional approach to my needs."
Pat T
"I always receive great service from Kerry and her team. Ever since I met Kerry 10 years ago, I have always come to Kerry for my broking needs and I always receive great service from start to finish."
Stacey K
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.