Mortgage Choice in Essendon your local home loan & mortgage broker experts

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Call: 0438 381 312

Looking for a home loan? Talk to Fab & Theo, your local Mortgage Choice broker from Essendon. With over 20 years combined experience who better to get you the right loan for you. Give us a call today!

Call Us Mortgage Choice Essendon
Office - 0438 381 312

Open Hours Mortgage Choice Essendon
9am to 4:30pm Monday to Friday
Evenings and Weekends by Appointment Only
Free Appointment

Address

94 Fletcher Street ESSENDON, VIC 3040

Welcome to Mortgage Choice in Essendon

At Mortgage Choice Essendon, we believe that everyone deserves the best home loan deal and professional financial advice.

Our team is committed to getting to know your needs and goals, and providing you with the most suitable solutions. Our staff have over 20 years of combined experience, having helped hundreds of customers realise their financial goals.

If you’re looking for a home loan finance company in Essendon, we can help with your finance needs, whatever they may be!

We compare banks and lenders to find the right loan for you

Our home loan finance company in Essendon has access to a large panel of over 20 banks and lenders.

We compare various home loans to find the loan with the best deal and features for your personal needs.

There is no cost to you

We do not charge our customers for our home loan or refinance investment loan services.

Banks and lenders pay us a commission for the home loans that we settle with them. Since our mortgage brokers in Essendon provide so much business for banks, the commission they pay us does not affect your loan. This means you always get a great deal by using Mortgage Choice in Essendon.

We make things simple for you by completing all the paperwork and managing your loan from application to settlement.

We make things simple and hassle-free for you
We make things simple for you by completing all the paperwork and managing your loan from application to settlement.

What makes the team at Mortgage Choice in Essendon different?

In order to provide you the best possible service, our team specialises in more than just home loans.

We can provide in-house services for a variety of needs, whether you need a refinance investment loan or a mortgage broker in Essendon. We also guarantee you will receive the same great level of customer service, no matter what you need.

For a refinance home loan or investment loans in Essendon, contact our team today.

Some of the services we offer include:

Home loans
Investment loans
Car and Vehicle loans
Business and Equipment finance
Refinancing
Personal insurance

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

Above and beyond what I expected.

Quinton
27 November 2023

I just received an email from Fab his team to say they had renegotiated my mortgage rate to a much better rate. They did that all by themselves If that isnt outstanding customer service I dont know what is 5 stars ? Fab always goes above beyond.

Fiona
27 November 2023

Great service and really approachable. Theo and the team helped us every step of the way with a purchase neither of us thought would ever happen. We got the loan The communications keep coming with tips and hints on the market and the current rises by the RBA.

Scott
07 November 2023

We had a wonderful experience dealing with Mortgage Choice Essendon. From the initial appointment through to settlement, the entire team kept us informed and provided updates every step of the way.
Everything was explained in simple terms and it truly took the stress out of applying for and progressing through approval of a home loan.
A huge thank you to Theo, Adele and Tamara, we would not hesitate in recommending their services

Elizabeth
26 October 2023

Theo was great to work with. Very helpful and understanding, answered all our questions during the refinancing process. Would recommend to anyone

Chris
24 October 2023

Theo and his team are amazing They were extremely helpful throughout the whole process of navigating home loans. I really appreciated that Theo took the time to explain everything and was honest through the whole process. Theo and the team are knowledgeable and want the best for their customers. I would highly recommend them to all of my friends and family.

Meg
24 October 2023

Highly recommend Theo and his team at Mortgage Choice in Essendon. He was very patient and extremely helpful in structuring our lending that saved us money as well in the end. Would use again and recommend to family and friends.

Mark
20 August 2023

5 stars

Its really conforting to know that when you are buying your forever home, the mortgage broker makes it as easy as possible for your. Fab went out of his way to make sure that this process was a easy as possible for us. He was readily available, even after hours for some phone calls, to answer any questions we needed.

This entire processes was effortless for us. The communication from both Fab and Tamara was excellent and timely.

Highly recommended.

Thanks guys.

03 August 2023

Fab is a Real professional. patient person who understood our circumstances. Couldn't recommended him more highly. Will use him again in the future.

Stephen
12 July 2023

Very happy with the service Theo and his team provided. Theo takes time to talk about options and their pros and cons and helps you with decision making process. The whole team put their entire effort in making sure things will go smoothly from pre-approval till the end of the settlement.

Sia
04 July 2023

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You could borrow up to

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Based on standard variable rate over years.

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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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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.

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Total fees:

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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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