Mortgage Choice North Lakes

People working in certain professions and earning over the income threshold may be exempt from paying Lenders Mortgage Insurance (LMI).

Lenders can waive LMI for specific professionals because they're considered low-risk borrowers due to their high income and stable profession - even with a high loan-to-value ratio (LVR).

Speak to us today to learn if you’re eligible for an LMI exemption or potential discount.

☎️ 07 3886 3881

Ask us for a free PropTrack report today, if you’re interested in....

◾ up-to-date information about your property
◾ a valuation estimate
◾ historical listing data that shows how the property’s value has changed over time
◾ information on what influences property valuation, including comparable sales, listings in the area and nearby schools.

☎️ 07 3886 3881
💻 [email protected]

The March 2024 PropTrack Home Price Index report has just been released and shares some interesting insight into the Australian property market.

Are you thinking of upgrading or downsizing your home? Get in touch today to check out your finance options!
Call 07 3886 3881 or email [email protected]

Did you know that more than 70% of Australians use a mortgage broker for their home loan needs?

There are so many benefits in using an expert mortgage broker – chat with us to find out more!

Call us - 07 3886 3881
Email us - [email protected]

However you choose to celebrate this Easter long weekend, we wish you all the best from James and the team at Mortgage Choice North Lakes!

We'll be back in office on Tuesday 2nd April ☎️

If you're looking to delve into property investing, follow these tips:

Set goals: Are you looking for an immediate rental yield, long-term capital growth, or a combination of both? This may determine the kind of property you buy and the location.

Set a budget: Speak to us to determine your borrowing capacity and your desired purchase price.

Plan for extra costs: Owning an investment property typically comes with ongoing costs such as repairs, council rates and land tax.

Determine your ideal tenants: If you’re looking to purchase a property that appeals to young professionals, for example, consider purchasing an apartment or unit in the inner-city suburbs. If you’re looking to target young families, consider purchasing a home or townhouse in suburban areas near schools.

If you’d like to know more, get in touch with us today.

Don't miss out! Apply for a home loan before 5 April 2024 to go into the draw to win one of two $25,000 prizes.

Find out more and view full terms & conditions here - https://bit.ly/3uCXKap

When your fixed rate is nearing its end, you have a few options:
1. Re-fix
2. Switch to a variable rate
3. Refinance with a new lender.

Each option comes with it’s own benefits and risks.

We can guide you every step of the way and find the best option for you. Chat to us today. Call 07 3886 3881

Curious to know what the fastest selling suburbs are in each capital city?

Check out the article below.

🔗

The fastest selling suburbs in each capital city - realestate.com.au Demand for properties is high and in some suburbs homes are getting snapped up in under a fortnight.The number of days a property has been on market has been trending down in our five largest capitals over the past six months.In capital cities, homes are selling fastest in Brisbane at just 36 days,....

An offset account is a separate transaction account associated with your home loan. Any amount you put in this account is used to ‘offset’ the amount you owe on the home loan. The interest is then calculated on the loan balance minus the funds held in your offset account.

Putting your savings into an offset account can help reduce the amount of interest you pay on your mortgage – and potentially shave years off the life of your loan.

For example, if you have a $500,000 home loan with no offset account, you will be charged interest on 100% of your loan balance. But if you have $60,000 in an offset account, you would only be charged interest on $440,000 ($500,000 - $60,000).

Keep in mind, some offset accounts offer only a capped or partial offset. Reach out to us today to understand which one suits your circumstances.

Buying off the plan is when you enter a contract to purchase a property before the property title is created and before construction is complete – sometimes even before it has started.

Vacant land, house and land packages and strata properties can all be purchased ‘off the plan’.

We can help you understand the ins and outs when buying property off the plan. Talk to us today on 07 3886 3881

Are you wanting to buy your first home, your next home or refinance? You could win one of two $25,000 prizes when you apply for a home loan with Mortgage Choice North Lakes.

Find out more and view full terms & conditions here -
https://bit.ly/3uCXKap

If you’re in the market for a new car and curious about which car loan will best suit your needs, we can help! 🚗

We’ll review products from more than 35 lenders and guide you through the application process to help you find a competitive rate and hassle-free finance.

Don't hesitate to get in touch!
07 3886 3881 or [email protected]

Our new and interactive PropTrack property reports provide up-to-date information about your property or a property you’re interested in, including:

◾ an accurate valuation estimate
◾ historical listing data
◾ comparative sale data in your area.

If you’re interested in learning more, get in touch with us today.
Call 07 3886 3881 or email [email protected]

If you have challenges finding property finance due to your credit history, variable income, self-employment, being a single parent or an investor, we can help find a loan option that’s right for you. 🏡

We have access to a range of loan products designed for borrowers who may not meet the standard requirements.

Want to know more? Call us today on 07 3886 3881 ☎️

Having access to thousands of home loan options means:

✅ You have access to more options to help find a competitive interest rate.
✅ You can select the features that are right for your circumstances.
✅ You can be confident you’re making an informed choice.

To find out more, talk to us today!
Call 📱 07 3886 3881
Email 💻 [email protected]

If you’re thinking of buying your first home in 2024, we can help!

At Mortgage Choice, we’ve been helping first home buyers make their property dreams a reality for more than 30 years.

We’ll be with you every step of the way, so contact us today to get started!
Call 07 3886 3881 or email: [email protected]

Whether you’re looking to purchase your first property, next property or refinance in 2024, the brokers here at Mortgage Choice North Lakes can help.

Contact us today to have a chat and see how we can help you!
☎️ 07 3886 3881
⌨️ [email protected]

Here are 3 ways we can help save you time and money in 2024:

1. With access to more than 35 lenders, we can find you the loan product that’s right for you 👍

2. We’ll conduct a review of your existing home loan to make sure it’s still working for you 🏘️

3. Finding the right home loan comes at no charge to you 🙌. We are paid by the lender once your loan settles.

To find out more, get in touch with the team on 07 3886 3881 today!

May you and your loved ones have a safe and happy New Year ✨

💡 Having a guarantor can assist homebuyers who haven’t saved a sufficient deposit to enter the property market without the need for LMI (Lenders Mortgage Insurance).

How does it work? The lender takes out a mortgage over the guarantor’s property as security for the borrower’s loan. The borrower is then responsible for making the loan repayments.

Keen to know more? Reach out to us today for a copy of our Guarantor Loan fact sheet.

Home loan portability is a feature that allows you to keep the same home loan product but change the supporting security (property).

A portable loan could save you the time, cost and the hassle of refinancing or getting a new home loan, but there are generally fees associated with this feature.

Contact us to discuss whether a portable loan might be the right option for you.

Finding the right loan type can make a big difference to your financial situation.

A variable rate home loan tends to be more flexible and offer more features (e.g. a linked offset account, redraw facility and ability to make extra payments), while a fixed rate home loan typically has set repayments over a fixed term – helping you manage your costs and peace of mind on repayments.

Some lenders also offer a split loan, where a portion of your loan is fixed and a portion is variable.

There are pros and cons to these options, depending on your circumstances. We can talk you through the loan options available to you.

Call us today to find out more.

When it comes to investing, the term ‘gearing’ refers to borrowing to buy an asset. For example, if you take out a loan to buy an investment property, this investment is ‘geared’.

Negative gearing is when the cost of owning an investment property outweighs the income it generates each year. In contrast, a positively geared asset earns more each year than it costs to own.

Both strategies have pros and cons, depending on your circumstances.

Talk to us about the best loan for you today.

Buying your first home is an exciting time, but it can also be overwhelming.

We’ve put together some top tips to help you navigate the process.

If you’re looking to grow your business, we can help you understand the business and commercial finance options available, and do all the hard work to find the right loan for your needs.

Contact us today to find out more.

MORTGAGE MYTH BUSTED!!!!

In fact, even if you have a bad credit history, there are loan options available to you.

We can access hundreds of home loans from more than 35 lenders, as well as a range of loan options exclusive to Mortgage Choice customers designed to meet your needs.

Call to talk to a broker today!

What could you do with $20,000?

We're giving you the chance to win $20,000* when you apply for a home loan with Mortgage Choice.

Contact us to get started. Terms and conditions apply.

Find out more here: https://bit.ly/3PmR4n9

How long has it been since you reviewed your home loan?

If it’s been some time, it might be worthwhile reviewing your home loan to make sure it is still the right product for you.

We can help you assess your current loan, provide information on current rates and offers in the market and, if right for you, assist you with refinancing to a new rate or loan. Even get you a little cashback offer! 😉

Talk to us today.