Mortgage Choice Broker Ketan Patel servicing Geelong, Ballarat & Warrnambool and across Victoria

Call: 0490 424 640

As a Mortgage Choice Broker and a property owner myself, I understand the importance of providing clear and high-quality home loan advice. I take pride in helping everyday people achieve their dream of owning a home by offering competitive home loans. Serving as your local Mortgage Choice representative in Melbourne's West and across Victoria, I have access to over 35 lenders and strive to make the loan process as simple as possible.

Call Us Mortgage Choice Point Cook
Office - 0490 424 640

Open Hours Mortgage Choice Point Cook
Monday - Friday 9am - 6pm
Saturday 9am - 5pm
Free Appointment

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Geelong, Ballarat & Warrnambool and across Victoria

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Home Loan experts to guide you through the process.

Ketan Patel, your trusted mortgage broker in Victoria, understands that purchasing a home is one of the most significant financial decisions you will make, whether it's your first home or your fifth. He is committed to making the process less intimidating by helping you find the best home loan. With a solid background in the finance sector, Ketan has all the knowledge necessary to support you throughout your journey.

"Outside of work, Ketan enjoys spending time in the great outdoors with his family, travelling, and embarking on new adventures. Fluent in Gujarati, Hindi, and Punjabi, language is no barrier for Ketan to help you secure an amazing loan! Get in touch with him today to start achieving your financial dreams."

Our promise to you

As your mortgage broker, Ketan is passionate about finding the best loan solution for your circumstances. He understands that every home-buyer is unique and takes the time to understand your needs and preferences. To Ketan, you are more than just a number, and he is dedicated to providing you with not only the best loan, but also the best financing experience.

Ketan promises to

Offer you honest, reliable advice on your finances
Handle all of your application paperwork from start to finish
Proactively communicate with you through every stage
Support you to make informed choices that will benefit you in the future
Be by your side to settlement and beyond

Having an amazing mortgage broker like Ketan in your corner makes all the difference when you're going through the rigmarole of buying or refinancing a home. He will make sure your experience is as simple and stress-free as possible, saving you the financial headache!

Talk to Ketan about your home loan today to learn more

We can also help you with

First home buyers
Refinancing
Investment Loans
Construction Loans
Equipment Finance
Debt Consolidation
Car Loans
Personal Loans
and more!

Home loan application tips

Ketan understands that dealing with home loan paperwork can be overwhelming, which is why he's available to take care of all the necessary work. When you apply for a standard loan, you'll need to provide identification, as well as documentation of your income, assets, and financial commitments. If you're building a home, you'll also need to submit approved plans and other required documents. But don't worry - Ketan will ensure that all your documents are in order before submission, increasing your chances of getting your home loan approved.

What is your borrowing power?

Your borrowing power, which is determined by factors such as your income and expenses, will likely determine your overall buying budget as well as your repayment amount. It's crucial to have a clear idea before getting your heart set on a home that's out of reach. You can start by using our free online calculator tool to set your budget and then discuss your situation with Ketan.

Try out the calculator

Moving home checklist

Moving to a new home can be a stressful experience, and it's common to overlook important tasks. Fortunately, our free moving checklist, which can be easily downloaded, has everything you need. Packed with helpful tips and a detailed packing and moving timeline, your relocation process will be smoother than ever!

Moving home checklist

Talk to Ketan Patel on 0490 424 640 today to discuss your home ownership future

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. ~

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.

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 $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.

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You could borrow up to

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/ month
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Based on standard variable rate over years.

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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.