Raymond Teh
Mob: 0422 800 933
Heather Zhang
Mob: 0411 062 338
Local Mortgage Broker in Pyrmont
Our Business:
Mortgage Choice Top 15 NSW Brokers by Volume 2012
Winner - Mortgage Choice Single Operator Business Excellence Award 2007
Finalist - Mortgage Choice Single Operator Business Excellence Award 2006
How Can We Help?
Our office has been providing mortgage services since 2004. We are confident in showing you why our clients keep coming back.
No matter what your situation, we will answer your queries on the same business day. We are available six days a week, 8a.m - 8p.m at our Pyrmont office or any location that suits you. We are located at 261 Harris Street, Pyrmont. Our services is at no cost.
First Home Buyer Seminar:
Buying your first home can be a daunting process. Our seminars for first home buyers are designed to give you all the facts on getting your first home.
Find out the answers to the following:
- How do home loan products and lenders differ?
- How do you apply for the First Home Owners Grant?
- How do you obtain a home loan in a hassle free manner?
- What if I have little or No Deposit?
- Loan application process from pre-approval to settlement
- Cost involved in getting a property
Our co-speaker from ANM Lawyers will be discussing the legal aspect of purchasing your first property
Venue: Ultimo TAFE,
Library, Building D Ground floor room DG.60
Cnr of Harris & Mary Ann Street
ULTIMO NSW 2007
Date: Wednesday 2nd May 2012
Time: 6.30p.m registration for 6.45p.m start
Venue: Randwick TAFE,
Auditorium Room Building B, Lvl 2 Cnr of John & King Street, Randwick 2031 Free parking is available on campus via King Street entrance.
Date: Wednesday 20th June 2012
Time: 6.30p.m registration for 6.45p.m start
Seminar will last for approximately 120 minutes
Call 02 9571 7213 to register or e-mail raymond.teh@mortgagechoice.com.au
Testimonials
Just a brief note to thank you for all your efforts in helping Rose and I purchase the apartment at MOSMAN. Settlement happens tomorrow [Friday 28 July, at 2.30pm], with our cheques for the stamp duty and other fees paid to our solicitors today. Your service has been outstanding - we both feel we could not have done this without you.
We would be pleased to act as a referral for your excellent service and the Mortgage Choice product, should you need it.
Our thanks and best wishes|||Chris & Rosemary Payne|||Upgrader|||Mosman|||NSW
Jin and i would like to thank you for all your efforts over the past couple of months. It was with your help that we were able to acheive our dreams and purchase our first home!
Wishing you all the best for the future!
ps. I may contact you again in the near future to discuss options for
re-financing my parents home loan.|||Jin & Divina Yu|||First Home Buyer|||Hornsby|||NSW
Dear Raymond,
Thank you for your assistance with the financing
of our first home.I am pleased to advise that we settled at 3:00pm today. I found your introduction seminar to be interesting and as a first home buyer, having your experience alongside my wife and I while we financed the transaction put us at ease.
All the best for the New Year and we look forward to
contacting you when we look to buying an investment property.|||Nathan & Alexander Walker|||First Home Buyer|||Cammeray|||NSW
I would like to thank you for your patience, kindness and perseverance in refinancing my home loan with the Adelaide Bank. Thank you once again.|||Michelle Fry|||Refinancer|||Pyrmont|||NSW
How will today's rate cut help you?
Save more by revving up your loan repayment strategy
Published: 3rd May, 2012
Provided lenders pass on all or most of today's Reserve Bank cash rate cut, astute home loan holders who maximise this opportunity could save thousands of dollars in interest and shave months, or even years off their loan term, according to Australia's largest independently-operated mortgage broker, Mortgage Choice.
Company spokesperson Belinda Williamson said, "We hope today's move by the Reserve Bank to lower the cash rate by half of a percentage point to 3.75% does not become a non-event for variable rate borrowers. A decision by lenders to pull the rate lever will likely have a much needed, positive impact on property buyers' plans and borrowers' ability to repay their home loan quicker."
"It is no secret that some lenders have shown a reluctance to pass on the full rate cut in a bid to safeguard their businesses against future funding costs. However, we are hopeful that in an effort to reignite the property market, entice new customers and in the spirit of competition, lenders will lower their home loan interest rates.
"Even if lenders, regrettably, pass on only part of the cash rate cut, astute borrowers who rev up their loan repayment strategy by keeping repayments at the pre rate cut level could save thousands of dollars in loan interest and shave months, or years off their home loan term."
If a lender passes on the full 0.50% rate cut announced today, for someone with a $300,000 loan at 7.25% over 25 years, it would lower monthly loan repayments by around $96.
"If a borrower continued to repay their loan at the pre cash rate cut level, leaving the monthly savings of $96 in each repayment, it could save them $68,364 in total interest payable and may see them repay the loan two years and eight months earlier," said Ms Williamson.
"If lenders choose not to pass on all, or most of the cash rate cut, borrowers should see it as a signal to shop around for a more competitive deal. Of course, they should not move from one lender and/or loan product to another without carefully weighing up the cost versus benefit of doing so.
"Health checking a home loan with a mortgage broker is a great way to ensure you are getting the deal suited to your needs and financial circumstances."
To see the impact extra repayments can make to your home loan, visit Mortgage Choice's Extra Repayments Calculator:http://www.mortgagechoice.com.au/extra-repayments-calculator.