Your award winning local mortgage and home loan broker serving all Melbourne suburbs including Oakleigh.

1/211 Warrigal Road
OAKLEIGH VIC 3166
Tel: 03 9553 6354
Fax: 03 9553 6398

Mortgage Choice Oakleigh is owned by Marvin Coleman, a Chartered Accountant with nearly 20 years finance experience, including 6 years with PriceWaterhouseCoopers, a global accountancy firm.

Marvin was thrilled to win a 2008 Mortgage Choice Victoria Business Excellence award. He is also the only Mortgage Broker endorsed by Pauline Barrow, President of the Australian Institute of Conveyancers.

Marvin has clients throughout Australia, particularly from Melbourne's south eastern suburbs including Malvern East, Ashburton, Carnegie, Burwood and Hughesdale.

After leaving London (with a Melbourne wife and 2 young children by his side!), he wanted to run his own business. It was important to him to become involved in a business which was transparent to clients in its practices and values and took advantage of his finance skills and property investment experience. That's why he chose Mortgage Choice!

Whether you're a first home buyer, upgrading or downsizing to your next home, buying an investment property or looking to refinance, our job is to help you find a home loan that best suits you, and take care of all the running around. Marvin will help you choose a home loan that suits you, and get the paperwork done with the minimum of fuss.

This is a free service as he is paid by the lenders. However, he receives exactly the same payment regardless of the lender. This means that there's no financial incentive whatsoever for him to recommend one lender over another.

Call Marvin on 9553 6354 or 0431 376 008 to arrange an appointment. His office is on the corner of North and Warrigal Roads in Oakleigh.

Testimonials

From Sam & Lauren Bugden As first home buyers we were daunted by the number of home loans on the market. Marvin helped us decipher what type of home loans we should look at and then helped us compare them. He was great at explaining the more complex details of the home loans; on a level that we could understand so that we could make an informed decision. Marvin guided us all the way through the home loan application process, contacting the lenders on our behalf and applying for the first home buyers grant. From the beginning right through to settlement Marvin kept in contact with us to ensure that we were informed at each stage of the process. We would definitely use Marvin again and highly recommend his service to others considering to enter the property market.

From Antoinette Poulton We had already approached a lender and had been approved for a home loan when we first spoke with Marvin. We were not altogether sure we'd secured the best loan for us, but we had already found the lender concerned not especially forthcoming with information and their customer service certainly left something to be desired. So we asked Marvin to check loan products just in case he could find us a better deal. Within the space of a morning, he'd found us three cheaper products and we'd decided to go ahead with one of them. He was more than happy to come to our home that same day to complete the paperwork which he lodged on our behalf. While we waited for approval, Marvin telephoned and emailed regularly to update and reassure us. When we dealt with the first lender, communication was always an issue, whereas having Marvin made the process seem more personal. He offers a great service that ensures buying a home is less stressful.

From Douglas Martell Also forgot to THANK YOU. Now it's all done it really has made the whole management of my loans very easy and efficient and has allowed me to put a plan in place to be able to pay off within a MUCH shorter period. So a great outcome and thankful for your professional advice and assistance in making this happen.

Oliver and Bee Newbery From initial consultation, to collecting the keys to our new apartment, Marvin was always on hand for help and advice, often beyond business hours, which demonstrated his dedication to ensuring first class service. As first-home buyers, it was refreshing to have Marvin explain the available options patiently and succinctly. Thank you!

Mortgage tips to help borrowers own their property sooner

While interest rates and living costs are rising, the possibility of borrowers improving their mortgage situation via a few key steps is an opportunity not to be overlooked.

To help borrowers take a few steps closer to being mortgage-free, Mortgage Choice suggests going over the following checklist:

Step 1: Is your current mortgage still the most suitable for you?

Circumstances change, as do your needs. Consider how competitive your lender’s interest rate is, what features you are paying for and aren’t using, the fees you’re forking out for and what kind of costs are associated with switching loans and/or lender. A reputable mortgage broker can offer a no-cost home loan health check to compare your loan to others currently available.

Step 2: Are there ways to pay off your mortgage quicker?

Have you been throwing money into the home loan account wherever possible e.g. your yearly tax return or bonus or leftover monthly wage? Every cent counts. Is it possible for you to repay at a faster rate via other methods e.g. paying fortnightly instead of monthly or making the loan a partial offset?

Step 3: Are you interest rate savvy?

Have you been repaying your mortgage as though its interest rate was at least two percentage points higher, preparing yourself for rate rises and in the meantime reducing your loan term and the amount owed? This will encourage a good savings habit and make adjusting to rate rises less burdensome.

Step 4: Is refinancing an option?

If you are struggling with your repayments, consider refinancing the home loan over a longer term than you have left. Or, if you’ve been making extra repayments to reduce your home loan amount, you could always refinance the home loan so your repayments reflect what you owe on the loan, not the original home loan amount.

Step 5: Have you looked at your spending habits?

Are you spending more money than you need to e.g. transport, entertainment, fast food? Continually list your expenses to see where you can save money and contribute more into your mortgage. Once you have revisited all of the above steps, re-do your budget so you really are beginning the year ahead.

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