Michael Kidman
Mob: 0416 057 569
A local mortgage broker you can depend on
The finance industry can be sometimes hard to get a grasp on, which is why your best bet is to get professional, informative advice from your local mortgage broker.
Michael Kidman, who services the Moreton Bay region, has been operating for the past 5 years. His expert advice will lead you in the right direction, whether you are after finance for a first home, investment home, refinance or a home upgrade.
Michael has established a firm reputation in the community and has won awards for Runner Up Rookie of The Year 2007 & Runner Up Single Operator of The Year 2008 against approximately 400 other Mortgage Choice franchises across Australia!
With flexibility, friendly service and a "go the extra mile" attitude, you can relax and rest assured your finance needs will be catered for - simply click the Contact Us button, or call 3482 2744. Make the right move today with your local Mortgage Choice consultant!
Testimonials
"Michael was very professional and kept me up to date. He helped me greatly throughout the whole process, Well done!" - Megan
"Not only was the service great, you guys went out of your way to help us. Thank you so much." - Anthony & Bernice
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.