Mortgage Choice in Inner North Brisbane
Winners of Mortgage Choice's QLD Bronze award for Business Excellence
Your local Mortgage Choice experts in Inner North Brisbane can take the hassle out of finding the right home loan for you. We do all the legwork and our home loan service is free of charge to our customers, as the lenders pay us.
Not only that, Mortgage Choice brokers get paid the same commission, regardless of which lender you choose. This applies to all residential home loans written with any of our over 20 lenders.
This means you can have peace of mind, knowing that your broker is focused on the right outcome for you.
Directly servicing suburbs including Brisbane City, New Farm, Newstead, Fortitude Valley, Teneriffe, Spring Hill and surrounding areas in Brisbane, we use our extensive panel of lenders, to find you the most suitable loan for your circumstances, all at no cost to you!
Whether you're a first time home buyer, property investor, refinancing, renovating, upgrading or downsizing, our professional Mortgage Broker and Home Loans specialists help by providing professional and timely Home Loan advice.
Mortgage Choice don't only do Home Loans. We also have an extensive non-residential mortgage product suite, outlined below, and as with the residential mortgage lending panel there is a diverse range of providers for each of these products that cater for a wide array of financial needs and services. Namely the non-residential mortgage product suite includes:
- Property Development Finance
- Personal Loans
- Car Finance
- Equipment Finance
- Commercial Lending
- SMSF Lending
- Financial Planning
- Investment Specialists
- Depreciation Schedules
- Deposit Bonds
Good Reasons to choose us:
- Choice for you: we compare a wide range of lenders, with over 400 loan products
- A great deal: we negotiate a competitive rate using established relationships with our lenders
- No stress: we do all the paperwork and running around for you
- No Charge: our home loan service is at no cost to you because of the way we get paid
- Flexibility: We come to you. Our home loan consultants can meet you at any time and location that suits you. We also offer after hours and weekend meetings by appointment. You can also visit us at our office in the Brisbane CBD during regular office hours.
- Our Expertise: Mortgage Choice is one of Australia’s leading home loan franchise networks, we have the training and qualifications required to be experts in our field.
Frequently asked questions:
Being informed and aware of all the added costs involved, as well as what the many acronyms mean in the home loan process, can greatly reduce your stress and give you the confidence to negotiate for the right price. Here are a few questions that we are commonly asked:
What is LMI? – LMI stands for Lenders Mortgage Insurance. This insurance is something you have to pay to insure the lenders. A bank is taking a chance when they loan you money and most people pay back their loans, but this gives the bank an extra incentive to loan you money.
What is LVR? – This is the Loan Valuation Ratio. It is a simple ratio of the mortgage amount over the value of the property. So, if you want to borrow $400,000 for a $500,000 house you will have an LVR of 80%. If this number is under 80% you will not have to pay LMI. We can work with you to determine what fees you need to pay and with a little tweaking, you may be paying less.
If your LVR is over 80% of the property price you have to pay LMI. When using a calculator it’s important to keep in mind these numbers are estimates as every lender may have different rates – that’s where Mortgage Choice in Inner North Brisbane can really help you, as a mortgage broker we can guide you through this tricky process.
How much is Stamp Duty? – Here’s a quick tip: in Queensland there is a stamp duty concession for first home buyers. The concession is that you will not have to pay as much stamp duty if you borrow under $505,000 for a home loan. This can save you up to $8750 in stamp duty.
Come on in
You can pop by and visit us anytime at our office during regular business hours. If preferred, you make an appointment with us and we can meet you at a time and place that is more convenient for you. Call the office on (07) 3638 4670, to arrange a FREE consultation. We look forward to hearing from you.
Or simply click on the Contact Us button at the top of this page.