Tony Egan
Mob: 0422 303 630
Michael Ryan
Mob: 0412 014 370
Mike Ryan & Tony Egan - Local mortgage brokers in the Macarthur Area
With hundreds of loan products available, it can be difficult to find the home loan that's right for you. Speak with us and we'll discuss your options in plain English - that way when it comes to making a decision about your new home, you'll be making an informed decision.
We promise a friendly and professional mortgage broking service at a time and place that suits you.
As your local home loan experts in Macarthur specialising in the following home loans, we look forward to helping you get into your dream home sooner!
> First Home Buyer loans
> Construction loans
> Refinancing for renovations
> Debt consolidation
> Investment loans
> Bridging loans
> Deposit bonds
> Reverse mortgages
> Mortgages for the self employed
WIDE CHOICE: We have a large panel of Australia's leading lenders, so you have genuine choice from many hundreds of loan possibilities.
BALANCED & PROFESSIONAL ADVICE: You deal with the franchisee, "the person who owns the store". We put our clients first, assuring you of balanced and professional advice.
TIME-SAVING & CONVENIENT: We do the running around, the research and comparisons for you, thus saving you the time and hassle involved in finding the right home loan. We lodge the application and do all the follow up through to loan approval and beyond. You don't even have to leave home. Now that's convenient!
HIGH VALUE: As a Mortgage Choice franchisee, we do not sell our own products and our commission is the same regardless of the lender you select. And perhaps best of all, we don't charge you anything for our service.
Mike and Tony can be contacted on 4655 1139 or 9820 4423.
FREE HOME LOAN SEMINARS! Tips and hints on financing your next home or investment property ...
Join Mike & Tony at an upcoming Home Buyer Seminar!
> First Home Buyers Seminar > Reverse Mortgages Seminar > Property Investment Seminar
See the Local Paper for registration details or call us on 4655 1139.
FREE REGISTRATION!
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.