Mortgage Broker in Mornington, Mount Eliza & Hastings | Home Loans

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Our amazing team are here to help you with your financial needs, whether it be your first home, 6th home, or an investment property!
Call us on 9707 1199.

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Office - 0431 307 470

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Trusted Mortgage Brokers in Mornington Peninsula - Your Key to Hassle-free Home Loans

Welcome to Mortgage Choice Mornington Peninsula, your local Award-Winning Mortgage Brokers serving Mornington, Mount Eliza, Hastings, Baxter, Somerville, and the entire Mornington Peninsula. Whether you're a first-time homebuyer or seeking to refinance and consolidate debts for extra cash, our team is here to make your dreams a reality!

Why Choose Us?

Unmatched Expertise: With over two decades of combined experience, our Mortgage Brokers possess in-depth industry knowledge, allowing us to secure the best deals tailored to your unique needs. Our mission is to be your lifelong financial partner, and our commitment to exceptional service speaks for itself.
Cost-Free Service: Our home loan service in Mornington Peninsula comes at no cost to you. As we are compensated by the lenders, you'll receive unparalleled customer service, access to over 300 home loan products from more than 35 lenders, and all of this without any charges!

Take the first step towards your financial goals by contacting us today! Our team is ready to guide you through the mortgage process, providing personalized solutions and dedicated support. Trust Mortgage Choice Mornington Peninsula - your key to hassle-free home loans in the Mornington Peninsula.

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Our Mortgage Brokers Service:

Mornington
Somerville
Baxter
Tyabb
Rye
Flinders
Shoreham
Bittern
Moorooduc

Mount Eliza
Crib Point
Mt Martha
Safety Beach
Red Hill
Mccrae
Rosebud
Main Ridge

Hastings
Rosebud West
Blairgowrie
Sorrento
Portsea
Hmas Cerberus
Balnarring
Somers

Our Reach Extends to:

In addition to Mortgage Choice Mornington Peninsula, we also manage Mortgage Choice Berwick, Mortgage Choice Frankston & Mortgage Choice Waverley, expanding our services to a broader clientele.

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Award-Winning Mortgage Broker | Mortgage Choice Mornington Peninsula

Google Review ⭐⭐⭐⭐⭐

Manjula Ezra - Outstanding professional service, terrific product knowledge with a sound industry insight that has saved me thousands. What I liked best is that when I explained my complex needs and desired outcomes I was listened too and given multiple options on how to achieve my set objectives. Would highly recommend this business and have already referred 2 colleagues to Mortgage Choice.

- Adrian

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

Manjula Ezra and Juliana at Mortgage Choice provided exceptional service for my clients, going above and beyond to secure the best mortgage solution tailored to their needs. Despite Manjula being overseas during part of the process, Juliana demonstrated her expertise and dedication by meticulously handling the servicing with multiple lenders and negotiating to achieve favourable rates and terms. This... read more

Mina
01 July 2024

Manjulas Team at Mortgage Choice were incredibly professional and efficient, but most importantly, have a really wonderful kindness and understanding. A much needed human touch in the stressful business of finance. I felt supported from beginning to end and the team were delightful to interact with. Highly recommend their services.

Trish
11 July 2023

A huge thank you to Manjula our broker, and Jules and Becky for making our refinance process seamless and stress free, couldnt imagine a more friendly and helpful team

Cynthia
08 June 2023

Manjula and the team were very friendly and they did and awesome job.

Kevin
23 May 2023

Manjula and we have been working together on numerous years now, be it refinance existing loans, new home loans or just any questions regarding our loan. She had been really pleasure to deal always, Thanks Manjula

A
09 March 2023

Great experience with Manjula and the team. Highly recommended for financial needs.

sheen
07 March 2023

We have worked with Manjula and team on numerous occasions and the advice has always been fantastic.Fantastic support and communication. Definitely recommend.

Ipe
07 March 2023

Very professional and transparent service provided by Manjula Ezra which is rare in other mortgage brokers in current market.
You can tell Manjula has wealth of knowledge about her profession and would recommend anyone who is seeking the mortgage services.

Parth
07 February 2023

The whole team at Mortgage choice were amazing They made the process so easy and answered all my questions. Highly recommend and will definitely be using them again

Cathy
11 January 2023

Mortgage Choice were able to help me to refinance my home loan with minimal stress.
The Amazing team worked hard to get me a very reasonable rate and the best product to suit my circumstances.
Thank you for all your hard work.

Donna
30 December 2022

Refinancing guide

If you’re thinking about refinancing, this guide can help you learn more about the refinancing process, benefits and options available.

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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.