What can you expect from us?

Sundek Plaza, 13A Wallis Street
FORSTER NSW 2428
Tel: 02 6555 2953
Fax: 02 6555 2891

Quite simply commitment;
Commitment to provide you with a financial solution for your specific needs.

As your local Mortgage Choice Broker, our goal is to make the process of getting your loan easier. We will meet at a time convenient to you and evaluate the hundreds of loan products available via our wide panel of lenders.

We cover the Great Lakes & Manning areas and are able to assist you with information, advice and loan applications for:

- First home buyers
- Refinancing & Debt consolidation
- Investment loans
- Commercial & Business loans
- Renovation loans or top up your existing loan
- Personal & Car loans
- Leasing, Hire Purchase & Chattel Mortgages
- And answer your questions..... "How much can I borrow?"..."Can I afford an investment property"..."How much deposit do I need?"

Once we understand your needs, we analyse the home loans available and are able to match the most appropriate home loan to your needs, saving you precious time. Using our services eliminates the hassle of shopping around, so you don't need to go from lender to lender, getting anxious and confused. We work diligently to get the home loan that is suitable for YOU!

During our first meeting, we show you our Company Charter which details that Mortgage Choice does not charge you for the service and how we are paid by the lender once your loan is settled.

We have a genuine passion for property and finance, and you'll discover that we have a high level of enthusiasm, personal service and dedication. Assisting with your home loan application is just the beginning of our business relationship.

All you have to do is make an appointment with Kylie at reception and find out what documentation you need for our initial discussion. Then you can just "chill out", sit back and sip your champagne while we do all the chasing and running around on your behalf.

Our aim is to make this exciting time a most pleasant and enjoyable one for YOU!

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.