Your local home loan expert for Frankston, Cranbourne and surrounds

Call: 0459 958 893

Looking for a home loan? Call Rhye Livingstone, your Mortgage Choice broker for Frankston, Cranbourne & surrounds. Let us research & compare over 30 lenders for you

Call Us Mortgage Choice Mordialloc
Office - 0459 958 893

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Monday - Friday: 9:00am - 5:00pm
After hours by appointment
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Servicing Frankston, Cranbourne, Skye, Langwarrin and surrounds

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BOOK AN APPOINTMENT

Start your home loan journey today

As your local Mortgage Choice Broker, we will take the stress and confusion out of finding the best finance option for your needs.

At Mortgage Choice Frankston, we offer a full range of financial services including home loans in Frankston and financial advisors to help you on your journey of financial freedom.

With access to over 30 of Australia's leading banks and lenders, we can personally assist you to compare hundreds of products to help you find the best loan for your situation.

Finding a solution to fit you

Whether it be the purchase of your first home in Frankston, securing an investment property, purchasing a car or refinancing your debts, Mortgage Choice Frankston can help you secure the best loan solution tailored specifically to your needs.

We search our extensive panel of lenders, including the major banks, to ensure the best solution is found just for you. Best of all, there is no charge to you for our Frankston home loan service.

Check out our home loan resources:

Mortgage Choice Frankston covers the areas (but not limited to) of Frankston, Cranbourne, Langwarrin, Patterson Lakes, Carrum Downs, Skye, Lyndhurst, Sandhurst, Lynbrook and Seaford.

Call Rhye today on 0459 958 893. He can meet with you at a time and location that suits you and your lifestyle.

BOOK AN APPOINTMENT

Let us handle the stress so you can get back to important things in life.

Being a husband, father, property owner and investor himself, Rhye understands life’s pressures and the need to make your loan approval as stress-free and easy as possible. He will do the running around that banks usually get you to do, and he’ll assist with all the paperwork, leaving you with more time to get on with your life.

Call us on 0459 958 893 to protect your financial wellbeing from the unexpected.

Car loans in Frankston and Cranbourne

If you’re in the market for a first car, an upgrade to your current car or you’re a tradie looking for a new work vehicle, Mortgage Choice in Frankston provides expert local help securing a competitively priced, flexible car loan or vehicle finance in Frankston. We can also help you decide if leasing is a more suitable option than buying.

Contact Rhye Livingstone on 0459 958 893 and discover just how competitive today’s car loan options really are.

We offer home loan services & advice for:

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

I have been a client of Rhye twice now, once in 2019 and now this year and I can happily say that both times he did not disappoint. Given the current market situation, this time was a little more difficult as our borrowing capacity had gone down due to the interest rates, however, Rhye managed to get our loan approved in such a quick turn around, which meant that we were able to purchase our dream... read more

Jesekah
22 February 2023

Rhye was awesome once again, really appreciate all of the effort he puts in. i would highly recommend anyone looking to re-mortgage to give Rhye a call.

tony
21 December 2022

Rhye truly goes over and above Tailoring a short list of lenders to fit my niche of requirements. Ultimately securing a great rate and package. Saving me thousands

Rob
30 November 2022

We have been using Rhye for many years now and he has always provided the most helpful professional information. Everything has been streamlined and efficient in dealing with Rhye in making any changes to our home loan. I highly recommend him as a broker.

Bec
10 November 2022

Rhye was incredible. So accomodating and always looking out for our needs before anything. He went above and beyond to ensure we were happy. Highly recommend.

Lauren
25 October 2022

Rhye was professional and committed to making sure we got the best product possible in a timely manner.
Great knowledge with extremely flexible working hours to meet our needs.
Would recommend to anyone needing mortgage advise. +++

Ann-Marie Bassett
07 May 2019

Being a divorced female embarking on securing a mortgage for the first time on my own could have been very daunting. However, I was fortunate enough to contact Mortgage Choice and have their representative Rhye Livingstone contact me. While having meeting to discuss the process of securing a mortgage I have Rhye to be very efficient, extremely interested in my personal situation and been very patient.... read more

Marilyn Saunders
16 December 2017

Refinancing guide

Considering refinancing? Our guide explains the reasons, costs and steps involved in refinancing your home loan.

Download now

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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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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.