Award winning Mortgage Brokers

Call: 07 4953 2799

Ben Phillips and the team at Mortgage Choice Mackay are award-winning Mortgage Brokers that can help with home loans, car or personal loans, business lending, financial advice and more.

Save time, get advice and book your free, no-obligation, appointment with us today.

Call Us Mortgage Choice Mackay
Office - 07 4953 2799

Open Hours Mortgage Choice Mackay
Monday 8:30am -5:00pm
Tuesday 8:30am -5:00pm
Wednesday 8:30am -5:00pm
Thursday 8:30am -5:00pm
Friday 8:30am -5:00pm

After Hours and Saturday Appointments available by Appointment
CLOSED PUBLIC HOLIDAYS
Free Appointment

Address

73 Wood Street MACKAY, QLD 4740

Centrally located - 73 Wood Street Mackay

As your local Mortgage Choice brokers servicing the Mackay and Whitsunday region, we can save you time, hassle and possibly money by helping you find the finance solutions for your lifestyle.

We believe that every Australian has the right to home loan and financial advice they can trust and afford. Everyone’s circumstances are different and we focus on getting you the right outcomes for you so you can get on with leading a rich and rewarding life, knowing you are in control of your finances.

Ben Phillips and his award winning team at Mortgage Choice Wood Street Mackay, have been your local Mortgage Brokers for over 15 years and are experts at helping home buyers achieve their dreams.

With access to over 20 of Australia's leading banks and lenders, Phillips Mortgage Choice in Mackay can compare hundreds of products to help you find a home loan that's right for you. They offer professional home loan advice for a wide range of requirements, including:

First home buyer finance
Next home finance
Property investment loans
Home loan refinancing
Debt consolidation
Fixed, variable and interest only home loan packages
Commercial finance
Personal and car loans
Equipment finance and leasing
Life and income protection insurance
Wealth and finance advisory service

Know the feeling of having the right home loan for you! Call us to book your obligation free appointment or simply submit your details and we will contact you as soon as possible. We look forward to working with you!

Office Hours:

Monday: 8:30am - 5:00pm

Tuesday: 8:30am – 5:00pm

Wednesday: 8:30am - 5:00pm

Thursday: 8:30am - 5:00pm

Friday: 8:30am - 5:00pm

We can arrange to meet outside business hours at your request.

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

We have worked with the Mortgage Choice Team twice now. Most recently we refinanced a loan I honestly cannot fault the service. Justin Grace went above beyond to get the best result for us. They were patient persistent, guiding us through the requirements to ensure a really positive outcome. They kept us up to date with the progress of the application were quite simply a dream team to work with. I will have no hesitations engaging them again when required. Highly recommended

Annette
21 October 2023

The team at Mortgage Choice are so amazing, they will confidently guide you through the process of a loan with ease. The professional standards Ben and the team have are outstanding. The right choice is with Mortgage Choice.

Belinda
13 October 2023

Awsome service on the ball with keeping us up to date with our application progress. I would use Justin Shoer as my broker in the future.

Chris
07 November 2022

Ben our broker is very knowledgeable, quick with numbers and doesnt beat around the bush
Kate - was so helpful and understanding getting our paperwork sorted

Shauni
20 September 2022

Second time dealing with Mortgagechoice Mackay and exceeded my expectations again. Wonderful people to deal with and cant recommend them enough. Thankyou.

Timothy
04 July 2022

We cannot thank Tiffany and Fiona enough. This is the second time they have helped us with a home loan. Even though we live and purchased in Cairns they made the process so easy and quick.

We built our first home and now have bought a renovator's dream. We can’t wait to start this new Journey and can't thank the team enough. We highly recommend Tiffany and Fiona to anyone looking for home loan advice.

J & C. Vitols
17 August 2021

Your professionalism, knowledge, customer service is second to none and your teamwork is awesome!
Nothing seemed to be an issue for the both of you and we would really like to thank-you for your wonderful customer service. You always kept us in the loop and up to date. Thank-you both once again in helping us make a dream a reality!

T. Hobley & J. Burridge
17 August 2021

Ben and Brigette were amazing and went above and beyond to help us purchase our dream home .
Thank you so much

Rebecca
18 July 2021

Tiffany explained everything in an easy to understand way. Having banking terminology broken right down for us was very important and Tiffany is great at it. We walked away confident we understood what was happening with our loans. Happy to recommend her and give 5 stars Special shout out to Fiona for reassuring us through the process.

Jodie
18 July 2021

Tiffany is a unique mortgage broker...she personally gets to know her customer's individual circumstances and her communication and knowledge is second to none. When she says she will contact or follow up things, she does so 100. Just refreshing to take the heat and stress out of sorting through the minefield of mortgages. Thanks is not enough...

Amanda
18 July 2021

First home buyer's guide

Purchasing your first property can be an overwhelming process and there may be steps you are unsure or unaware aware of. This guide will walk you through all of the steps involved in the buying process.

Download now

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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.

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Recalculate borrowing power

Monthly income

Expenses

You may borrow up to

Value of property

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Over

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

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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

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First Home Buyer?

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Total fees:

Breakdown	Amount
Stamp duty on property
Transfer fee
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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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