Tim Leonard
Mob: 0416 164 132
Karen Leonard
Mob: 0417 369 611
Mortgage Choice in Bayside - Your local Mortgage Broker and Home Loan Specialist in Bayside, Victoria
Welcome to Mortgage Choice in Bayside.. As a local resident of Bayside, we specialise in home loan advice and service to all the Bayside suburbs and abroad, including Brighton, Brighton East,Hampton, Bentleigh, Bentleigh East, McKinnon, Ormond, Moorabbin and Heatherton.
We were recently awarded the Mortgage Choice Business Excellence Award for Victoria and Tasmania which is testament to our dedication to provide exceptional customer service.
My name is Tim Leonard, your local Bayside Mortgage Choice broker. As a home loan and mortgage specialist with strong industry experience, I have helped hundreds of clients navigate the mortgage maze to achieve their dream of owning their own home. Whether you're a first home buyer, need to refinance or are keen to invest in residential or commercial property, I can help you select and apply for a suitable loan that will meet your specific needs.
Working alongside me is my wife Karen. Together we take pride in delivering a level of service that exceeds our clients' expectations. We take the time to understand our clients' short term and future property goals, and keep them informed at every step of the loan application process. We make the whole experience easy and convenient, meeting to discuss your options at a time and place that suits you. Then we take care of all the running around, submitting the loan on your behalf and liaising with lenders, your conveyancer and real estate agent.
And remember, Mortgage Choice does 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.
We would be delighted to help you with your home loan, residential or commercial property investment enquiry. Make an appointment with us and we will provide you with a free Residex Report, valued at $65. A powerful reference, Residex Reports list property sales data by suburb, enabling you to check the expected value of the home you're interested in buying. Simply call Tim on 9589 7277 or complete the Contact Us form to arrange an appointment, and please mention this special offer.
*This information refers only to loans provided by our panel of up to 24 lenders with whom Mortgage Choice has an arrangement, under which it receives commission and other payments.
Testimonials
Testimonial from Dr Michael O'Gorman
I can highly recommend Tim and Karen Leonard for looking after your home loan acquisition. My experience was that they immediately chose the right product to meet my needs, and they worked day, night, and weekend to meet a very tight deadline in sourcing the finance at short notice. Tim and Karen kept me up to date by phone, text, and e-mail, on a day to day basis (sometimes hour to hour), and made sure I was fully informed throughout the process. Their service is very professional, upfront and honest. Their efforts are Trojan, and I am a very happy and appreciative customer. It is hard to find such a high level of service in any business today.
Testimonial form Dr Benjamin Allan
My experience with Mortgage choice has been very pleasing. It has been extremely personalised and they are very approachable and helpful in allowing me to fulfil my financial goals. Tim was very professional and also very informative with my situation, and Karen keep me updated with the progress of my application throughout the processing period. I highly recommend Mortgage choice with your loan requirements.
Testimonial from Caroline Atkinson
The explanation of the products was really clear. This was especially due to having full visibility of the varying products that were available. I was kept fully informed at all stages of the process. I was even kept updated when nothing was happening - great work! Many thanks for your impeccable support and assistance throughout my refinancing. Your enthusiasm and dedication to helping me was paramount to this being an easy transaction.
Testimonial from Jenni Austin
I can highly recommend Tim Leonard - Mortgage Choice. Tim had been referred to me by a relative and exceeded my expectations from our first meeting. I felt really well looked after and informed during the whole process. Tim, Karen and Amanda all did their utmost to ensure everything went smoothly. They provide an excellent service and I wouldn't hestitate to recommend them to others.
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.