Stephen Lemm
Mob: 0414 242 924
Local Home Loan Advice in Neutral Bay
With the emergence of a complex number of ways to secure a property loan - via your local bank, through your financial planner or accountant, or even online, and the advent of hundreds - even thousands - of home loan choices, it's no wonder mortgage brokers are becoming invaluable resources for Australians.
With over 10 years experience your local Mortgage Choice at Neutral Bay have helped thousands of clients steer clear of complex home loan choices including:
Refinancing First Home Buyer loans Investment loans
We do the legwork for you, and it doesn't cost you a cent.
We focus on helping our clients, providing a range of products to suit their lifestyle needs, not the banks' bottom lines. Using sophisticated computer software programs which help our client tailor a loan for their individual needs in only minutes!
Customers with existing loans can also take advantage of an obligation-free home loan health check, which helps determine whether your current loan is the most suitable to your lifestyle and financial needs.
You can be rest assured that our ethical, professional and knowledgeable loan consultants will find the most suitable loan for you. They can even provide you with detailed information about your home loan choice, for greater peace of mind.
If you'd prefer not to spend your time wading through hundreds of home loan products, make an appointment via the website or give us a call.
Testimonials
Prue Salter & Mark Petersen -
“As our property has settled and we are now enjoying our lovely new home, we are writing to thank you for your support and service over the past 6 months since our quest to become Sydney property owners began. In every stage of the process we found that the service you provided to be efficient and reliable. It was so much better for us to deal directly with you rather than try to locate people we needed within the banks and certainly cut down enormously on the paperwork and forms we needed to complete as these were handled by your office. Despite our lawyer’s skepticism, you managed to get our approval in writing from the bank before the cooling off period ended which was a huge relief for us. We cannot recommend the service you provide highly enoughâ€.
Yasmin Boland –
“FORGET "NIGGLING DOUBTS", THIS WAS MORE LIKE "GNAWING FEAR"!
As a self-employed person, I felt like I should be happy with what I could get, when it came to getting a mortgage.
As a result, I was literally having sleepless nights at the mortgage I'd saddled myself with.
Luckily, someone recommended Stephen Lemm and his team at
Mortgage Choice Lower North Shore. With their skilled help and advice, I refinanced.
In our first meeting, Stephen showed me that just because I am self-employed, that didn't mean I didn't have various mortgage options.
Stephen quickly got me the new mortgage I wanted - saving me $100 a week and a lot of lost sleep!
Stephen knows his stuff and was patient as we went through the various repayment and refinancing options. Along with his staff, he made the whole process almost painlessâ€
Clare Matthews
â€As first time buyers, we were struggling through the minefield of banks and loan companies - and getting nowhere fast. Stephen Lemm cut through all the paperwork, reduced our angst and presented to us with several solutions, enabling us to buy our first home with the minimum of fuss. The service was professional, timely and thorough. We'll be back" One day in the dim and distant future I am sure that we will be back!!â€
Tony & Beth -
“Very professional and friendly service. You have a knack of taking all the hassle out of the process. Very unique service in today’s market!â€
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.