Stephen Lemm

Award Winning Mortgage Brokers and Home Loan Experts in Neutral Bay, North Sydney & Mosman

Call: 0414 242 924

At Mortgage Choice in Neutral Bay, we're committed to making the search for a great home loan easy for you. Our Mortgage Broker team do all the shopping around and research from over 25 lenders to find you a loan that's as good a fit for you, as the property itself.

Call Us Mortgage Choice Neutral Bay
Office - 0414 242 924
Fax - 02 9908 7822

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

Address

Shop 2, 211 Ben Boyd Road NEUTRAL BAY, NSW 2089

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Support from Neutral Bay's local award winning team

When it comes to choosing your home loan, the expert support from our Mortgage Broker Neutral Bay & North Sydney team can be the key to securing the right loan for your next purchase.

The trouble is, the thousands of home loans available can make it almost impossible to know which loan is right for you. This makes our job as your local Mortgage Broker Neutral Bay team that much more important! We can sift through all the options and help you find the right home loan for you.

Check out our lowest interest rates

The right loan matters

Your home loan is an important step in your finances, so it's important to get it right. As your local Mortgage Broker Neutral Bay team, we do the shopping around to find a home loan that is as much a good fit for you as the property itself.

Our Mortgage Broker team work with an extensive panel of over 25 lenders, including Australia's biggest banks and some specialist lenders. By taking your circumstances into account, we can pinpoint the home loan that is right for your budget and your lifestyle.

We will research the market, understand your individual circumstances and find a home loan tailored to fit your situation.

Simplifying the loan application

Understandably, many of our customers find the home loan application process a bit daunting. The best part about using our Mortgage Broker Neutral Bay & North Sydney team is that you're not doing it alone. In fact, we'll do all the paperwork & application for you!

Our team will even act as your point of contact with the lender, keeping you posted on the progress of your application at every stage – right up until you celebrate the settlement of your loan.

Our home loan service is no cost to you

Like many mortgage brokers, our service is no cost to you as the lenders pay us after the loan settles.

Our Mortgage Broker Neutral Bay team

With over 32 years of experience in the finance industry as a home loan & property expert, Stephen Lemm - along with his team in Neutral Bay, North Sydney & Mosman, are the perfect choice to help you with your next home loan.

We are able to help you remotely during lockdown via phone or video! When we open back up again we would love to see you at our office on Ben Boyd Road in Neutral Bay.

Call Stephen & the Mortgage Broker Neutral Bay team anytime on 0414 242 924. We can't wait to help you with your finances! It's what we love to do.

Email Stephen directly

^{Our Mortgage Broker Neutral Bay team service the areas of: North Sydney, Kirribilli, Cammeray, Mosman, Neutral Bay, Cremorne & surrounds.}

Read more of our customer reviews

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. ~

We are very happy with your service at Mortgage Choice in Neutral Bay. We always knew you would get us the best possible deal available and tailored to our needs. Thank you sincerely!
Greg & Sharon Malakou, Willoughby, NSW
- Refinancer

You were recommended to me by a friend and I guarantee my partner and I will be calling on your services again. Very prompt, efficient and professional service.
Jenn Tolhurst, Tempe, NSW
- Refinancer

I have worked with Stephen Lemm and Shannon McLeish at Mortgage Choice, Neutral Bay on two occasions and would highly recommend their services. The communication throughout the whole process was fabulous and they are friendly, speedy and efficient!
Tanya Buchanan, Neutral Bay, NSW
- Refinancer

Working with Stephen and Shannon throughout my loan approval and purchase of my property has been excellent; they have helped me tremendously and have been extremely efficient in answering any questions that I had.
In doing so it has made the whole process smooth and painless.
It’s been a pleasure dealing with them and I would be recommending them to any friends or clients that are looking to refinance.
Skye Ainsley, Cromer, NSW
- First Home Buyer

Stephen was AMAZING from beginning to end. He was professional, responsive, prompt, friendly but most importantly understood the goals I was trying to achieve with refinancing and actually achieved it. After approaching another mortgage broker initially who turned out to be an absolute nightmare and was untoward in their approach with my risk profile which left me quite distraught my friend recommended Stephen as she has been using him for several years.From that first phone call I felt like reaching through the phone and giving him a hug as he was able to reassure me that he could better my situation. It was such a relief to me that I had found a professional mortgage broker and thats what sets him apart from his competition. He was honestly a godsend. He was like a breath of fresh air. I really can't thank him enough. THANK YOU!
Julie Gidaro, Summer Hill, NSW
- Refinancer

Andrew McConnell, Neutral Bay, NSW
- Upgrader
Stephen and his team at Mortgage Choice Neutral Bay have made this journey an absolute breeze and have taken every bit of stress out of the process . They are very professional and go above an beyond for their clients. We will definitely be using them again.

Vicky E OLeary, Neutral Bay, NSW
- Upgrader
Wonderful service and Stephen is the easiest person to work with, keeps on top of things but takes the stress out of it all with his easy going and personable manner. Shannon was super efficient too. Thanks to the Mortgage Broker Neutral Bay team!

Peter McCrindle, Kirribilli, NSW
- Upgrader
Stephen and team took the hassle out of getting necessary approvals and their contacts at the bank meant things happened in a timely fashion. #highlyrecommended

Very pleased with the service, the communication between us & all the help that was offered was second to none. I would have no hesitation in recommending anyone looking for a home loan. Thank you
Michael Nicholls, Neutral Bay, NSW
- Property Investor

Karl Wagenfeller, North Adelaide, SA
- Upgrader
Having worked with Stephen and the team for some time now, we cannot recommend them enough. With a few bank related hurdles to jump over in our recent dealings, Stephen and co were always contactable to assist and guide you through. If you like being kept up to date on processes and where things sit then don't hesitate to give them a call. Even if you are not Sydney based.

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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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 $15,000 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 $400,000 or less for your block. 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 or build a brand new home. You can choose from a house, apartment, townhouse or villa, but you will only be able to claim the FHOG SA if you pay below $575,000 for your home.

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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