Your local Mortgage Broker for Port Melbourne, South Melbourne, South Yarra, Prahran, Armadale, Albert Park, Middle Park, Southbank, Malvern & Toorak

Call: 0401 334 599

Looking for a home loan? Talk to us your local Mortgage Choice broker from Port Melbourne, VIC. Let us research and compare over 20 lenders for you.

Call Us Mortgage Choice Port Melbourne
Mobile - 0401 334 599
Office - 03 9646 7973
Fax - 03 9646 4393

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

Address

146 Rouse Street PORT MELBOURNE, VIC 3207 & 3B Coogee Crt, BARWON HEADS VIC 3227

At Mortgage Choice Port Melbourne & surrounding areas, we love giving our customers more choice - to get a great home loan deal - less stress - and free of charge!

Starting your home or investment loan journey

When you're purchasing a new property, finance is one of those things that not many people want to think about even though it's essential. You may be wondering how to select one Mortgage Broker over another; a broker over a bank; and entrust them with the important part of actually 'doing' your loan.

If this sounds familiar, we want to let you know that as your Mortgage Specialist Team, our focus is to find the right home or investment loan for you, and your unique situation.

How we help -

As your Mortgage Broker servicing Port Melbourne, Albert Park, South Melbourne, Middle Park, Prahran, Windsor, Armadale, Malvern and Toorak, we will fulfill the following loan criteria below to give you the comfort and confidence in knowing you're in capable hands.

No obligation, and great on the pocket! We work to achieve the best outcome for you. At no point are you under any obligation to our team, and our home/investment loan services are great on the wallet too. We're focused on the right outcome for you. We'll discuss your property intentions, your goals, your finance limits - and I set to work on the research to assess the best loan or lending product to suit your needs.
Assessing your options - We'll take you through the home or investment loan options most suited to your individual circumstances using our collective years of financial experience and local property knowledge of the Port Melbourne and surrounding areas to help you make an informed and confident decision. We'll answer all your questions in a timely manner and we'll assist you choose the loan that's right for you
Do all the work for you - we will complete the application forms, submit them, and act as the primary contact point for the Lender chosen, your real estate agent, and your conveyancer or solicitor. We work through any issues that may arise, and keep you fully informed along the way.
Expert knowledge - our collective years of experience have given the team a thorough understanding of the loan market and property lending markets. Some of our team are "locals" therefore giving extensive knowledge of the areas of Port Melbourne, South Melbourne, Albert Park, Middle Park, South Yarra, Prahran/Windsor, Armadale/Kooyong, Malvern & Toorak. Living & working in the area, and having Investment properties in Port Melbourne and South Melbourne - gives expert local knowledge!
Client Understanding - our focus is to make sure you are getting the right deal for you. This means clear and open communication with you to gain an understanding of your goals and dreams. We focus on building rapport to understand your specific needs.
Organised - we implement an organised structure with keen attention to detail throughout your home/ investment loan process. This means that all the i's are dotted and t's crossed to help get your loan application across the line, and on time settlement.
Problem solving skills - we can overcome any unexpected hurdles that we're confronted with. No matter your personal situation, we can work together as a team to help overcome those unexpected issues, whether it's a quick settlement date or you're self employed.
We go that "extra mile" - We all have the drive to go the "extra mile or two" to deliver the right loan results for you. This means guidance on your home or investment loan throughout the entire process and following up with you throughout the life of your loan to make sure that you still have the right loan for your circumstances.

We can give expert Mortgage Broking advice

All of us have a goal to help home buyers like you achieve YOUR dream! We are passionate to assist with whatever type of mortgage finance you need, such as:·

First Home Buyer Loans
Upgrade your Home using Equity
Refinance Loans
Investment Property Loans
Mortgages for the Self-Employed
Self Managed Super Fund Investments
Deposit Bonds
Fixed Rate vs Variable Rate Decisions

At Mortgage Choice in Port Melbourne we can also help you with::

Home & Building Insurance
Life and/or Income Protection Insurance
Car Loans & Personal Loans
Commercial Loans

WHY USE A MORTGAGE BROKER? Our answer is - why not use a Mortgage Broker when we have hundreds of loans available not just from the one Lender! And at no cost to you! Why not!

Your local Mortgage Broker looking after Port Melbourne, Albert Park, Middle Park, South Melbourne, South Yarra, Prahran/Windsor, Armadale/Kooyong, Malvern & Toorak

Call us today on: (03) 9646 7973

Or click on the Contact Us link at the top of this page.

*This information refers only to loans provided by our panel of over 20 lenders with whom Mortgage Choice has an arrangement, under which it receives commissions and other payments.

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

Craig has been absolutely wonderful through the whole process of refinancing my home. I was putting this off as I though it would be to scary and too much work to get it done. There was no such thing as a silly question, and Craig made sure I was comfortable with all the steps. He talked me through paperwork when I needed the help, and was made sure I understood every step before proceeding. 1010 fantastic to work with.
Clare
08 November 2023

My home buying journey took over 24 months and Chris Howitt, Glenn Mayne and Katrina McEwan were there for me the whole time. I struggled to find a property as I was continually outbid at auctions or properties would be sold for well above my price expectations. This meant I had to get pre approvals extended and re-done on multiple occasions. I am grateful to the MC team who stuck with me through this... read more
Michael
02 November 2023

Katrina, Chris and Glenn were a fantastic help to us when looking for our first home. They were friendly, super helpful and provided us with all the information we needed. It took a long time to find the right property but the team at Mortgage Choice were very patient. Our mortgage approval went very smoothly and we felt reassured that Katrina had it all under control so we could sit back and relax
Danielle
26 October 2023

Could not speak more highly of Chris and his team. Very thorough and sound advice and great attention to detail. Would recommend him far and wide.
Nicki
11 October 2023

Chris and Katrina were very helpful and attentive in helping us through the refinancing process. Made a somewhat confusing and complicated job much easier for us.
Matt
03 October 2023

Craig was great to deal with, very helpful and knowledgeable. He was responsive throughout the process and guided me along the journey. I would certainly recommend him as a broker.
anthea
02 October 2023

Chris and the team were excellent. We refinanced two loans and they made the process smooth and kept everything straightforward. Highly recommend.
Courtney
06 September 2023

Chris is an experienced broker , with his extensive knowledge and experience in the area, he is able to quickly pinpoint your needs for refinance and provide best options and solutions to suits your circumstances. The team, like Katrina, is also very responsive and helpful to help you through the whole process and make it easier transaction. Many thanks to all your hard and great work.
Wei
23 August 2023

Chris and the team were excellent to deal with. We set up two new loans and they helped with every step of the process, making a very complicated process simple. I am happy to recommend them.

19 August 2023

Excellent service. Chris and the team were very helpful and able to provide expert advice to find the best option for our re-finance needs.
Angela
30 July 2023

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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 $650,000.

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.