Kevin Gray
Mob: 0424 080 632
Your local home loan specialist in the Hills
Welcome to my home page.
During over 5 years as a Mortgage Choice mortgage broker I've helped hundreds of clients in the Hills area with their home loan needs.
I can come to you at your home or office for an obligation free appointment. I'll also bring along our exclusive home loan comparison software that can sort through the hundreds of loans to find a home loan that's suitable for you.
I can help you to:
Buy your first home
Upgrade to a better home
Refinance your existing home loan to save money
Invest in property
First Home Buyers ... don't get caught out
As interest rates are now moving up you should factor in how future rises will affect their repayments. Don't buy the property of your dreams if you can't afford it. You're making a financial commitment for a very long time.
Be disciplined with purchases you make after committing to a mortgage. Often, mortgage stress is caused by spending on luxuries, vehicles, furniture and other treats that weren't in your pre-mortgage budget.
Investors ..is it time to move into the market?
Rising rents, limited vacancies, rising property prices and negative gearing all spell good news for those wanting to climb the property ladder.
To create wealth through property investment, investors need to do their homework. A few points to consider when looking to buy an investment property include:
Suburb reputation and location e.g. close to the city, waterways, parks;
Proximity to transport, shops, cafes and other entertainment;
Proximity to child minding facilities, schools, or other educations institutions; and
Infrastructure planned for the area
Mobile broking .... I can come to you at your home or office
Day or night. I'm available to see clients all over Sydney, but the majority live in the Hills, in suburbs such as Carlingford, West Pennant Hills, North Parramatta, Northmead, Winston Hills, Baulkham Hills, Crestwood, Castle Hill, Bella Vista, Kellyville, Kellyville Ridge, Beaumont Hills and Rouse Hill.
Testimonials
"Your information gave us sound peace of mind that we are receiving the best possible deal for us. Thanks again." Michael & Caroline, Kings Langley
"We were really impressed with Kevin and would do business again. Always followed up, patient, explained everything and provided best options." Lindsay & Jordhana, Kings Park
"I will highly recommend your services to our friends." Carolyn, Castle Hill
"Thank you for looking after us so well." Louis & Margaret, Baulkham 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.