Your local Mortgage Broker & Home Loan Expert in Richmond, Prahran, St Kilda, Malvern and across Melbourne

Call: 03 9568 2055

Everyone deserves a fair go when it comes to their home loan. As your local Mortgage Broker in Richmond and Prahran, I’ll help you compare over 35 lenders to find a competitive loan that works for you - backed by over 20 years of broking experience.

Call Us Mortgage Choice Richmond
Office - 03 9568 2055

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

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A fair go on your home loan

There's lots to consider when choosing a home loan, and I'm passionate about helping my clients get a fair go - especially on such a big purchase. As your local Mortgage Broker in Richmond & Prahran, I'll partner with you for your first home, next home or refinance, to make sure we find a competitive option.

Here's how I can help:

I have access to thousands of loans: When it comes to home loans, choice matters. Your everyday bank can only offer their own products, whereas I'm accredited with over 35 lenders. I shop around on your behalf, negotiating directly with the lenders to make sure you get a fair go.

I do all the work for you: No more hours spent on hold with banks! I’ll manage the entire loan process from start to finish - applications, paperwork, follow-ups and everything in between. My goal is to save you time, cut through all the jargon and make sure you get the best possible outcome.

I don't charge to find the right loan

Instead, your chosen lender pays me a commission when your home loan settles. It allows me to provide a valuable service to everyday Australians looking for advice, at no cost. In some limited circumstances, I may charge a fee, which would be discussed with you before proceeding.

Let's get you home

Let's work together to achieve your next property goal! I can chat by phone or video, or even better - meet with you in person in Richmond, Prahran, St Kilda, Malvern and anywhere across Melbourne.

Call: 03 9568 2055 Get in touch with Dean

"Dean came highly recommended to us, and it was easy to see why. Dean was fabulous. He is very knowledgeable and a great communicator and will go the extra mile." R Marani, Richmond

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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 cannot recommend Dean enough
So helpful, extremely thorough, very responsive and made a daunting re-mortgage and re-titling experience extremely easy for us. Dean worked tirelessly to get us the best possible deal and make sure all our questions were answered. Such a trusted professional - I will be recommending Dean to all my friends and family

Bec
12 May 2025

There isnt anyone I would recommend more than Dean. I cannot speak more highly of him and I wish there were more stars to give. He was our go to man broker for when my fiancé and I purchase our home and to go through the process with Dean was an absolute breeze. He was helpful, informative and there to answer the phone whenever we had questions or concerns. He also helped us to save a substantial amount of money on the purchase . If you dont call Dean to help you, you are missing out. 10010

Rachael
21 April 2025

Through carrying out his due diligence Dean actually managed to save us a very sizeable sum of money, still managing to buy the house of our dreams. Prompted us to follow up on missing documents, always polite and welcoming. A stellar experience for the second time now, thanks again Dean

Cody
21 April 2025

Dean Phelan was recommended to my partner Evgeny and I by an old friend who had bought and sold several properties using Dean as a broker. She recommended Dean unconditionally, and we have been so glad to have had his expert guidance for both the initial purchase of our home, and our recent refinancing. Dean is efficient, responsive, and personable, and most importantly, makes the process of buying pro... read more

Lisa
04 April 2025

We have used Dean for several years now, looking after our Mortgage through a number of refinancings. He's always really diligent, quick to get onto things, and not afraid to go into bat for us when there has been a disagreement or delay at the bank's end We couldn't recommend him more highly and will come back to him next time we need to refinance

Ross
07 March 2025

Highly recommend
Dean went above an beyond to help me get my first home He was amazing to work with, he is very knowledgeable, he explained everything clearly and was always available when I needed to ask any questions.

Kathy
28 February 2025

Dean has now helped me out with 3 home loans and has always provided excellent advice and guidance with the process. Unreservedly recommend

Thomas
27 February 2025

Dean was recommended to me by a couple of friends and he was great - very personable and helpful in getting the mortgage and property I wanted. I would definitely recommend his services.

Sarah
07 January 2025

Dean was recommended to us by a good friend, we own a small business and were looking at buying a house in a small town in South Australia. Previously we had tried our bank who could not help us despite us having a significant deposit which was quite frustrating. We got to the stage of believing that it was almost near impossible in our position of being self employed to buy a house.
After talking with... read more

Aaron
19 December 2024

Dean was super helpful. He was responsive and talked through all our mortgage options, answering any questions we had in dealing with the banks for the first time.

Thanks Dean Much appreciated.

Fabian
13 December 2024

Property Ownership

This guide outlines the essential steps to achieving property ownership, starting from the first appointment with a mortgage broker all the way to settlement.

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You could borrow up to

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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.

From 09 May 2024, if you buy a home costing up to $450,000, no stamp duty is payable at all. If the value of your home is between $450,000 and $600,000, you’ll be entitled to a reduced rate of stamp duty.

There are no additional concessions for homes valued above $600,000 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.