Stephanie Cook
Mob: 0411 721 514
Helping home buyers with mortgages on the North Shore for over 15 years!
I heard about Mortgage Choice from a friend who had used the service, and decided that it was time to restructure my own home and investment property loans. After learning a little more about the free service offered, and successfully changing my own home loan, I enquired about the possibility of buying a franchise in the company. In 1997 that's exactly what I did and I haven't looked back since.
As I live in Lane Cove it made sense to set up my franchise on Sydney's North Shore. I have been pleased to see the business grow so rapidly, mainly through referrals. I believe my success is due to the high level of customer service I provide. I aim to keep my clients informed and involved through all stages of the loan approval process.
In October 2000, after operating my Mortgage Choice franchise business for almost four years, I opened new premises in "The Village" at Lane Cove. For increased accessibility, I now operate from a shopfront open six days a week with a full time Office Manager. Naturally, I am still happy to visit clients after hours at their home or office if that is more convenient.
If you are an existing or a new client, call into our office next to the Post Office in Lane Cove and let us find a loan that suits you.
Testimonials
Great service Stephanie, I would have no hesitation using your services for mortgage no. 4 when this happens. Thanks again!!|||TC & PG (Apr 2012)|||Upgrader|||Erskineville|||NSW
Great service, can't fault it - took the time to stay late and explain all our options without rushing us into a decision.|||DW & CG (Mar 2012)|||Upgrader|||Northbridge|||NSW
You provided an excellent end to end service with no query from us on the way considered too trivial to deal with.|||TS & SC (Mar 2012)|||Upgrader|||Chatswood|||NSW
Excellent services previously experienced - we are return customers.|||RG & CG (Jan 2012)|||Upgrader|||Northbridge|||NSW
Fabulous service, very patient in explaining to me what I needed to understand, very professional and you always kept me up to date. Many, many thanks for making it a very easy process.|||JM (Mar 2012)|||First Home Buyer|||Marsfield|||NSW
Effective & Clear communication, Annabel repsonded to queries prompty; excellent customer service!|||JD (Jan 2012)|||First Home Buyer|||Gladesville|||NSW
We bought off the plan and the process was stressful near the end. Stephanie and her team worked tirelessly to make sure things were done in time for settlement.|||JC & NY|||Upgrader|||Lane Cove (Apr 2012)|||NSW
No matter how busy Stephanie & Estelle are they always make you feel like their No 1 priority.|||PG & LG (Jan 2012)|||Upgrader|||Lane Cove|||NSW
Thanks for the terrific service Stephanie - always prompt, professional, informative and friendly. We were particularly grateful for the time you took to carefully explain the home loan process and the pros & cons of various lenders.|||LM & MM (Jan 2012)|||Upgrader|||Balmain|||NSW
Stephanie, Thank you so much with all your help over that very busy time so close to our wedding!|||PH & PB (Jan 2012)|||First Home Buyer|||Marsfield|||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.