Allan Ali

Your Mortgage Choice broker & home loan expert in Mentone, Mordialloc, Cheltenham & Parkdale

Call 0418 222 137

Looking for a home loan? Talk to Allan Ali, your local Mortgage Choice broker in Mentone, Mordialloc, Cheltenham & Parkdale VIC. Let us research and compare up to 25 lenders for you.

Call Us Mortgage Choice Mulgrave
Office - 0418 222 137
Fax - 03 9923 6411

Open Hours Mortgage Choice Mulgrave
Monday - Friday: 9:00am - 5:00pm
After hours by appointment
Free Appointment

Mortgage Choice in Kingston are here to help

There’s no doubt that when you are purchasing a new property, finance is one of those things that not many people want to think about even though it is essential.

And now, in asking for help, you might be wondering how to select one mortgage broker over another, a broker over a bank and entrust them with your financial affairs.

If this sounds familiar, we want to let you know everything is going to be okay, because we know what it’s like to do what you are doing.

MFAA Excellence Awards

WINNERS of the 2016 Victorian MFAA Excellence Award for Finance Broker Business. FINALISTS of the 2016 National MFAA Excellence Awards for Finance Broker Business.

Why choose Mortgage Choice in Kingston?

At Mortgage Choice in Kingston, we will fulfil the 9 criteria below to give you peace of mind and confidence in knowing you are in capable hands:

No Obligation. We are working to achieve the best outcome for you. We'll discuss your property intentions, then we set to work on the research to assess the best lending product to suit your needs.
No Cost. Our home loan service is at no charge to you as the lenders pays us after the loan settles.
Analysing your scenario and alternatives. We will take you through your particular scenario and offer you alternative choices. We will help you understand the process and most importantly we’ll help you choose the loan that's right for you.
We handle everything on your behalf - We will complete the application forms, submit them, and act as primary contact point for the lender, agent and solicitor, working through any issues as they arise, and keeping you fully informed along the way.
Start to finish – We will be handling your application from the get go right through to settlement and beyond. We can then help with other associated items such as home and contents insurance, even life, income and mortgage insurance.
Expert Knowledge – With both being born and raised in the local area, an in depth knowledge and understanding of the local area is at our disposal to help guide you.
Client Understanding – We know what it’s like to be in your position. This allows us to have an understanding approach and to communicate in accordance with your preferred means.
Organised – We ensure that we are always organised and apply a structure to ensure our assistance and guidance is delivered in an organised manner.
Problem Solving Skills – Should any unexpected hurdles arise we will do all that we can and endeavour to solve any problems we may be faced with.
Over and Above - I have the drive to go the extra mile to deliver the result for you. We have a simple philosophy in which we aim to provide an unprecedented service to each and every one of our clients.

Let us help you compare home loans from our wide panel of lenders

We have experience assisting with the following:

First Home Buyers (including help applying for the First Home Buyer's Grant)
Property investors (especially first time property investors)
Refinancers wanting to fund home renovations or property investment, to adjust to changes in circumstances or interest rates, or any other refinancing needs you may have
Plus information about using guarantors

We help you with the application process

The home loan application process with many banks and home loan lenders can be complicated and we understand that this can be a stressful time for you.

However, our job is to help you navigate through the hundreds of home loans from the lenders on our panel to find you a home loan that best suits your requirements. The convenience and choice cannot be matched by a single lender.

Throughout the mortgage application process, we will keep you regularly informed on the status of your application.

Talk to us today.

Please contact us today by completing an enquiry form or calling us 9791 3401. We will be in touch within 24 hours.

We can see you in the office if you prefer however we are also a mobile broker and can meet at a time and place (your home, office or elsewhere) that is convenient for you.

The right home loan for your needs

Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~

Client reviews

Amazing service and support, I highly recommend mortgage Choice Dandenog

Adam
16 July 2019

Alan and the team never let you down. Their service and professionalism is impeccable. Would highly recommend Mortgage Choice Dandenong without a doubt

Kubra
16 July 2018

Excellent service. The application process through to finalising the loan was handled professionally and in a tmely manner. Alan kept us up to date throughout the process and answered any questions we had. I have and will continue to recommend, Mortgage Choice in Dandenong.

Yas
16 July 2018

Excellent service, very personable and nothing is a problem. Allan in particular has been fantastic to deal with. Highly recommend their services

John
16 July 2018

Good customer service, most reliable and friendly.

Jean
16 July 2018

Absolutely fantastic guys

Milan
16 July 2018

I had an extremely complex borrowing profile, and like any normal person, I went to a few banks first and they simply let me down. Mortgage Choice helped me out and organised everything for me which I found to be very very easy. The staff were awesome and were very prompt, and open. They were always contactable which I loved, because my bank people were almost impossible to get a hold of. Their rate was also better than anything I could have gotten at the bank. Won't be going anywhere else.

Sam Abdelhamid
16 December 2017

I am writing to personally thank Allan for his efforts associated with the purchase of our first home.

His professionalism, knowledge and willingness to go the extra mile was greatly appreciated and helped us to obtain the property of our dreams.

His ability to respond quickly, provide professional advice and be there to support us was highly commendable and I will be referring all of our friends and... read more

Paul Iacuone
16 December 2017

I have been very grateful to have Allan from Mortgage Choice assist me with both the purchase of an investment property AND the re-finance of my current property. These two loans both had a unique set of circumstances in which Allan not only advised on the options available but was also there every step of the way.

Allan's advice provided was both clear and concise allowing me to make an informed decisio... read more

Oscar Suvay
16 December 2017

I cannot speak more highly regarding the positive experience and pleasing outcomes I have had since being introduced to Allan Ali and Mortgage Choice just three months ago.

My restructuring has included both home mortgages and some business refinancing.

Throughout Allan has displayed a degree of lateral thinking and business expertise we have rarely seen in the business and financial services sector.... read more

Timothy Vanikiotis
16 December 2017

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Other income

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My credit card limits

Other repayments

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2nd Applicant

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2nd applicant monthly rental income before tax

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Calculate

You could borrow up to

Repayments
/ month
Expenses
Remaining

Based on standard variable rate over years.

Start the pre-approval process

The borrowing amount is a guide only. Loan repayments are based on the lowest interest rate (either standard variable or 3-year fixed rate, owner occupier) from our lender panel over a repayment period of 30 years. Rates and repayments are indicative only and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Your borrowing estimate

Recalculate borrowing power

Monthly income

Expenses

You may borrow up to

Value of property

Borrowing

Over

Interest Rate Use the lowest rate from Mortgage Choice's lender panel Input rate

Repayment options

Extra monthly repayments

Your monthly repayments
Total loan repayments:
Total interest charged:

There's a lot to consider when choosing the right loan.

The lowest interest rate from our lender panel is either standard variable or 3-year fixed for an owner-occupier. Rates and repayments are indicative and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Value of property

State

Property use

Type of dwelling

Type of property

First Home Buyer?

Calculate

Total fees:

Breakdown	Amount
Stamp duty on property
Transfer fee
Mortgage registration fee

Need help with your next home purchase?

Extra Information

Home Buyer Concession Scheme

From 1 July 2019, the FHOG ACT has been replaced with exemptions on stamp duty. The stamp duty exemption is applicable to all properties in ACT, including vacant residential land and both new and established homes at any price. As this is still to aid first home buyers, to be eligible at least one buyer must live in the home for at least 12 months, starting within 12 months of settlement or completion of construction.

To be eligible, first homeowners in the ACT must have a household income below $160,000. This number increases up to $176,650 depending on the number of children you may have.

Click here for more information on the ACT First home Owner Grant.

Stamp duty concessions in NSW

From 1 August 2020, the NSW government has announced that stamp duty will not be applicable to first home buyers for properties valued up to $800,000 and vacant land valued up to $400,000. This stamp duty exemption will be in place for 12 months to 31 July 2021, in which the stamp duty exemptions will revert back to $650,000 for homes and $350,000 for land.

Additionally, a concessional rate of duty will apply to homes valued more than $800,000 but less than $1,000,000 and vacant blocks of land valued more than $400,000 and less than $500,000

How much is the First Home Owners Grant NSW?

The FHOG in NSW is worth $10,000 however conditions apply. To be eligible, your first home must have a total value below $600,000, and be either newly constructed or ‘substantially renovated’. A home is substantially renovated when most or all of the original house was removed or replaced, and it’s the first time the place has been sold, and lived in, after the renovations were completed.

If you plan to build a new home from scratch, you can still be eligible for the FHOG in NSW as long as your land plus the home you build have a combined value of less than $750,000.

Click here for more information on the NSW First Home Owner Grant.

How much is the First Home Owners Grant in the NT?

The First Home Owner Grant in NT is $10,000. Your income and the price of your home don’t affect the FHOG NT, and the grant is available if you buy or build a new house, apartment, duplex or townhouse.

As of 30 June 2021, there are currently no stamp duty concessions for first home buyers in NT.

Previously the Territory’s First Home Owner Discount was in place from 8 February 2019 to 30 June 2021. It let you save up to a maximum of $18,601 on the cost of stamp duty. The savings were available whether you purchased a new or established home as long as the home was valued under $650,000.

Click here for more information on the NT First home Owner Grant.

How much is the First Home Owners Grant QLD?

As a first home buyer in Queensland you could be entitled to the $30,000 First Home Owner Grant. To be eligible, you need to buy a brand new home or build a home from scratch with the total value (including the land) below $750,000. You may also be eligible if you buy off the plan or an established home that’s been substantially renovated.

As a guide, substantial renovations include replacing or altering foundations or replacing or altering floors. Cosmetic work such as painting the walls or sanding floors doesn’t add up to a substantial renovation when it comes to the FHOG in QLD.

Stamp duty concessions

If you’re buying vacant land to build your first home, you pay zero stamp duty as long as you pay $250,000 or less for your block. Concessions are available for vacant land valued above $250,000 and up to $400,000. Whereas if your first home is valued up to $500,000, you pay zero stamp duty. That’s a saving of $7,175 which is the maximum stamp duty rebate available to first home buyers in QLD.

Additionally, savings on stamp duty may still be available if you pay between $500,000 and $550,000 for your first home. As a guide, if your first home is worth $530,000, you pay stamp duty of $6,300 a saving of $3,500. These savings cut out altogether if your first home costs $550,000 or more.

Click here for more information on the QLD First home Owner Grant.

How much is the First Home Owners Grant SA?

There are currently no specific stamp duty concessions available for first home buyers in SA.

The $15,000 FHOG in South Australia is only available to first home owners who buy a new home. You can choose from a house, apartment, townhouse or villa.

You will only be able to claim the FHOG SA if you pay below the following amounts for your home:

Before 14 June 2023: $575,000
After 15 June 2023: $650,000

You can also claim the First Home Owner Grant in South Australia when you buy a block of vacant land to build your first home on. However, the end value of your building plus land must be no more than $575,000.

Click here for more information on the SA First home Owner Grant.

Stamp duty concessions in TAS

If you buy an established home, you are not eligible for the FHOG in Tasmania but you may be able to claim savings on stamp duty. If you’re home is valued at

$400,000 or less, you will receive a 50% discount on the property transfer duty (stamp duty).

How much is the First Home Owners Grant TAS?

The FHOG Tasmania is worth $30,000 until 30 June 2022 but only when you buy or build a new home. Off the plan purchases are also eligible. In Tasmania, there is no limit on the purchase price of the property, and the FHOG is not means tested.

Click here for more information on the TAS First home Owner Grant.

Stamp duty concessions in VIC

First home owners in Victoria don’t pay stamp duty at all on their first home as long as the property is valued below $600,000. You may still be eligible for savings on stamp duty if you pay between $600,000 and $750,000 for your first home. The stamp duty concessions available in Victoria apply to both established and new homes.

How much is the First Home Owners Grant VIC?

The FHOG Victoria is only available if you buy a newly built home or if you choose to build a home from scratch. The FHOG is worth $10,000 if you build/buy in Victoria.

Your first home can be a house, townhouse, apartment, or unit but it must be valued at $750,000 or less, and it must be a new home – being sold as a home for the first time, and less than five years old.

Click here for more information on the VIC First home Owner Grant.

Stamp duty concessions in WA

If you buy vacant land to build your first home, you’re exempt from paying stamp duty as long as you don’t pay more than $300,000. If you pay between $300,000 and $400,000 you will be entitled to a reduced rate of duty.

If you buy a home costing up to $430,000, no stamp duty is payable at all. If the value of your home is between $430,000 and $530,000, you’ll be entitled to a reduced rate of stamp duty. There are no additional concessions for homes valued above $530,000 and land valued above $400,000.

How much is the First Home Owners Grant WA?

The FHOG WA is worth $10,000 when you buy or build a brand new home. There are limits on what you can pay for your first home to be eligible for the FHOG in Western Australia.

If you’re located south of the 26th parallel, which basically covers all the Perth metropolitan area, you can claim the FHOG WA if your new home is worth up to $750,000 – this includes the value of the land plus buildings.

If you buy or build a home north of the 26th parallel, the property must be valued up to or below $1 million to be eligible for the FHOG WA.

The First Home Owner Grant in Western Australia is no longer available if you buy an established home however you may be able to claim stamp duty savings.

Click here for more information on the WA First home Owner Grant.

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