Mortgage Choice - Darren Dell

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.

Contact us today.

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.

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? Talk to us today.

You’ve done your research on how much you can afford to borrow and what you want to buy, but now you want to know how long it could take to become mortgage-free.

Get an idea of how long it might take you to pay off your home loan with our mortgage repayments calculator:

🔗 https://www.mortgagechoice.com.au/home-loan-calculators/how-long-to-repay/

There can be some great benefits in refinancing your home loan, such as getting a better interest rate or more home loan features. Just make sure you also weigh up the different expenses involved in refinancing.

The key is to take the time to review and compare your home loan. Which is where we can help.

Talk to us today.

Many lenders will allow a related third party to provide additional security to help a borrower buy their own home. That person is known as a guarantor.

Having a guarantor can assist homebuyers who have been unable to save a sufficient deposit, but have enough income to make the required loan repayments.

The guarantor allows the equity in their own property to be used as additional security for the borrower’s loan.

We can tell you more about how having a guarantor works.

Myth busted! You can absolutely secure a mortgage if you’re self-employed.

There are a number of great home loan choices designed specifically for self-employed people. We can help find you the right loan for your needs.

Getting a self-employed home loan can be a complicated process, so having the right support can give you peace of mind.

Talk to us today.

Today we honour those who gave the ultimate sacrifice. We will remember them.

Building or renovating your home can be stressful. But with careful planning and the right finance options, it can be a rewarding process that increases the value of your home.

Talk to us today to review your construction loan options.

Home equity is the difference between your property’s market value and the balance of your mortgage. For example, if your home is worth $500,000 and there is $150,000 remaining on your home loan, you have home equity worth $350,000.

You can borrow against equity to buy an investment property, renovate or achieve other goals.

To find out more about your home equity, talk to us today.

Want to understand how much you might be able to borrow?

You can get an estimate of what lenders may be willing to loan to you with our borrowing power calculator:

🔗 https://www.mortgagechoice.com.au/home-loan-calculators/how-much-can-i-borrow/

Myth Busted!

In fact, a mortgage broker can offer you a range of services, including car loans, business lending, property investment, personal loans, credit cards, and equipment finance and leasing.

Talk to us today to find out how we can help.

If your fixed rate is ending and you’re feeling unsure about what to do next, there are options.

You can either refinance, which involves switching your existing home loan for a new one – either with your current lender or a different lender. Or another option is to switch to a variable rate. When rolling from a fixed to a variable-rate home loan, we can help you negotiate a lower rate than the ‘revert rate’ you would otherwise roll onto.

We can guide you every step of the way. Contact us today.

There are several things that need to happen before settlement day, when ownership officially changes hands. Hiring a good solicitor or conveyancer can help deliver a trouble-free settlement, as they can guide you through each step.

Your mortgage broker can also play an important role in a smooth loan settlement.

If you’d like to know more, talk to us today.

A valuation is an assessment of the market value of a property. Before finalising a home loan, lenders generally require a professional valuation of the property that is securing the loan.

If you’d like to know more, talk to us today.

Myth busted!

In fact, you can refinance with your current lender or with a different lender altogether. Mortgage Choice brokers can compare thousands of home loan options from more than 35 lenders to help you find a better deal.

Refinancing requires careful consideration, so talk to us today and we can guide you through the process.

Myth busted!

In fact, although repayments are generally worked out monthly, most lenders offer the option of fortnightly or weekly repayments. This could help you time repayments to your pay cycle, which may help you with your budgeting.

Talk to us today to find out more about loan repayment options.

With a redraw facility, you’ll be able to make extra repayments on your home loan, and access the ’extra’ funds later if required. This encourages you to make extra repayments with the security of knowing you can access the money later if needed. And, until those extra payments are redrawn, they reduce the amount owning on your home loan and the interest charged.

If you’re unsure which type of loan features would be the best fit for you, we can help. Contact us today.

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As your local Mortgage Choice broker, we can access thousands of home loans from more than 35 lenders, as well as a range of loan options exclusive to Mortgage Choice customers.

Even if you’ve had credit issues in the past, we have access to home loan options designed to suit your needs.

Talk to us today.

Here are a few things to consider when investing in property:

1. Your current financial position: it’s important to assess the deposit you can afford, how much you can borrow and whether you can maintain the repayments – especially during times when the property is vacant.

2. The type of property you can afford: when investing in property, consider if the properties in your price range will attract tenants and deliver healthy long term value increases.

3. Your long-term plan: consider how long you plan to hold onto your investment for, and where your investment property fits in your overall financial plan.

Contact us to discuss investment loans and to start your property investment journey

Bridging finance, otherwise known as a bridging loan, can be used when you want to buy a new property before selling your existing one.

With bridging finance, the lender usually takes over the mortgage on your existing property as well as financing the purchase of the new property. The total amount borrowed is then called the ‘Peak Debt’ and includes:
- The balance on your existing home.
- The contract purchase price of the new home.
- Any purchase costs such as stamp duty, legal fees and lender fees.

If you’d like to know more, reach out to us today.

A reverse mortgage is a type of loan that allows people over 60 to access the equity they have built up in their home without having to sell the property.

Reverse mortgages don’t have a set repayment arrangement which means you won’t have to make repayments to your lender as long as you’re living there.

There are some risks involved, so it’s important to be informed before using this strategy.

We can guide you on the most suitable loan options for your circumstances.

Contact us today.

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.

When moving house, there are many things that need to be done to ensure a smooth transition from your current home.

Some examples of what to add to your checklist include:
✔ Disconnect or redirect utilities (e.g. electricity, water, gas, telephone, internet).
✔ Notify the necessary parties of your new address (e.g, Australia Post, your employer, your bank(s), Medicare, the ATO).
✔ Plan your move (get quote for removalists and organise packing materials, e.g., boxes, bubble wrap).

There are many other things to consider. To find out more, contact us today and ask for a copy of our Moving House Checklist.

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.

Talk to us today.