Stephen Canning
Mob: 0413 539 600
Mortgage Broker in Kingston, Victoria. Your local home loan specialist.
Welcome to Mortgage Choice servicing the Kingston region of Victoria. My name is Stephen Canning and I'm here to assist you in purchasing your first home or investment property, or refinance and consolidate your debts to free up some extra cash .
With over 20 years of industry experience with one of the major banks, I have the knowledge to find you aa suitable loan to meet your needs. I take the time to understand your property goals, and keep you informed at every step of the loan application process. I make the whole experience easy and convenient, meeting to discuss your options at a time and place that suits you. Why did I decide to join Mortgage Choice? Easy. I chose Mortgage Choice over all others available because I believe in three key components of Mortgage Choice:
Always working in customer's best interest
Commitment to excellence in customer service
Extensive product range catering for a wide range of borrowers
Another major reason for choosing Mortgage Choice is that we do not charge you for this service. We get paid the same* commission, no matter which home loan you choose from our panel of lenders. This means there is no financial incentive for us to recommend one lender or loan product over another.
The areas I service include Highett, Sandringham, Cheltenham, Beaumaris, Black Rock, Mentone, Aspendale, Mordialloc, Edithvale, Bonbeach, Chelsea and Chelsea Heights but I'll meet just about anywhere in metropolitan Melbourne at a location convenient for you.
In addition to our extensive home loan product range, Mortgage Choice now offers an array of equipment finance options. The typical types of equipment financed include motor vehicles, commercial vehicles, earthmoving equipment, plant and machinery, computers, office equipment and medical equipment.
Typically finance will be considered up to $250,000, although transactions over this amount will be considered on a case by case basis.
Come and visit me at my office at 232 Boundary Road, Braeside or call on 9580 5855 to discuss your finance requirements.
*This information refers only to loans provided by our panel of up to 23 lenders with whom Mortgage Choice has an arrangement, under which it receives commissions and other payments.
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.