Martin Beanland
Mob: 0425 256 585

Mortgage Choice
Tel: 02 9541 1477
Fax: 02 9541 1977

Menai broker with clients everywhere ....

passionate and proud ....

We have the people, values, processes, experience, lender clout and contacts to give you a superior experience and outcome. Through exceptional service we want to make your dreams come true.

We'd love to help you, even with the simplest of questions or enquiries.

What do we do? .......

  • We are your personal and independent home loan shopper to help you compare over 20 lenders and find the right home or investment loan for your needs.
  • We take full responsibility for the entire loan process from initial interview to final settlement and beyond.
  • We understand the pitfalls and anticipate issues before they arise.
  • We remove much of the stress by doing lots of the work for you. A "simple" loan transaction will on average generate 30 individual phone calls, 20 individual emails and 6 individual faxes.... Let us help you with this.

    Why Use the team at Mortgage Choice in Menai? .....

  • There is no cost to you for our service.
  • Our business is based on the values of success, trust, care and integrity.
  • Over 70% of our business comes from happy customers through repeat business and referrals. ..
  • We support the local community by providing over $5,000 per year sponsorship for local junior sporting clubs. We care.
  • While our local district is Menai, we also specialise in assisting people in all suburbs as well as many who are interstate and overseas.

    We care. We look forward to your call on (02) 9541 1477 :=)

  • 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.

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