Welcome to Mortgage Choice in Annandale, - Award winning Mortgage Brokers in Sydney's Inner West.

Call: 0419 635 692

Looking for a home loan? Talk to Richard Ferguson and the team, your local Mortgage Choice broker in Annandale, NSW with over 25 years experience in the industry. Let us research and compare more than 30 lenders for you.

Book an appointment online by scrolling down the page to our booking links.

Call Us Mortgage Choice Annandale
Mobile - 0419 635 692
Office - 02 9873 3990

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

Address

131 Booth Street ANNANDALE, NSW 2038

Welcome to Mortgage Choice Annandale - we would love to help you and we will always act in your best interest.

Confused about the home loan process?

Not too sure where to start?

You don't need to worry, as I will guide you throughout the home loan process, from application to settlement.

With over 25 years of mortgage broking experience in the Annandale, Balmain and Inner West area, I have a solid understanding of the mortgage industry to provide you with the professional home loan advice you need to achieve your financial goals, no matter what your circumstance.

As Mortgage Choice’s longest standing mortgage broker in the Inner West, I can proudly and confidently provide you with not only expert home loan advice but also years of local property knowledge in Balmain, Annandale and surrounding areas.

Click here to make an appointment online.

Servicing the Inner West suburbs of: Annandale, Drummoyne, Forest Lodge, Glebe, Balmain, Balmain East, Rozelle, Leichhardt, Lilyfield, Birchgrove, and Summer Hill.

How we work towards your goals

In one meeting, I can compare hundreds of loans from up to 30 of Australia's leading lenders to help you find a home loan tailored to your individual needs and lifestyle. We don’t charge to find the right loan for you. We are paid by the lender once your loan settles. In some limited circumstances we may charge a fee, which would be discussed with you before proceeding.

I pride myself in offering exceptional customer service, support and advice, gained from my previous hospitality background. You can also rest easy knowing that you will be kept well informed and aware of what you need to do next. I do all the follow-up and general running around, which of course, saves you time, energy and stress - leaving you to enjoy the more exciting things in life. Once your loan is settled, I can also provide assistance with your insurance, personal loans, car loans and leasing needs

Let’s get started today.

To book an appointment today, call me on 0419 635 692 or click on the link to the left to organise a time on Zoom that’s best for you to chat through your circumstance and needs.

Or.. we can do things the old fashioned way! We can meet at our office locations in Balmain or Concord or the CBD or at a location convenient to your schedule, whether that’s at a local coffee shop in your lunch break or at your home.

Client reviews

Richard has always been approachable and patient. He was always there to answer any questions we had. Thanks a lot for the great experience

Dmitry
08 August 2024

Richard assisted me with a mortgage 22 years ago and was just as accommodating and professional recently when I used his services again. I strongly recommend Richard and Lauren for their dedicated work, perseverance, knowledge and advice.

Kathleen
07 August 2024

Absolute awesome. It was our first time buying and Richard walked us through the whole process, from initial ideas on buying to securing the loan. Very reliable and very responsive to questions. Totally happy with the service and would recommend

John
06 June 2024

Richard was incredibly helpful in our first foray into purchasing a property. He answered our numerous questions clearly and guided us to make the best decision regarding our mortgage for our needs.

E
14 May 2024

Richard was an absolute pleasure to work with. He is knowledgeable, friendly, responsive, and eager to help with any question no matter how detailed. I will definitely recommend Richard to my friends and family.

William
02 April 2024

Richard gave us great advice when we were wondering what to do when our fixed rate expired. He clearly explained our options and understood our circumstances. Really easy to talk to. Would recommend speaking with Richard

Madison
11 March 2024

Highly recommend. Richard is fantastic in explaining all the intricacies that come with getting a loan. He is also very dependable. I would highly recommend Richard Ferguson.

sandy
11 March 2024

Richard was great - Knowledgeable, friendly and helpful and patient.

We would have fumbled in the dark, guessing at which institution to approach for a loan. Richard assessed our requirements and our circumstances and connected us with the most appropriate lender.

The loan was approved very quickly and we were moving into our new home soon afterward.

We definitely recommend Richard to anyone looking for a no fuss experience obtaining a mortgage.

Tristram
04 March 2024

First class service. Richard walked us through each step and made us feel very comfortable throughout the decision making process which can be very nerve-wracking. I would recommend using Richard for all your mortgage needs.

Kirrily
20 February 2024

Lauren Ferguson was our mortgage broker during 2023. At times she was assisted by Richard Ferguson. We found them to be effective, supportive and efficient. It was quite a slog looking for an entry level property while rates and prices kept rising, and sales volumes were super low, so it was great to have Lauren and Richard on our side I would recommend their help to anyone looking to make that massive step

Leonie
18 February 2024

What happens when we find a property

I have drawn together this ‘guide’ from several years of experience in numerous property transactions – please note that no transaction follows an absolute format so, please, take the advice of your solicitor or conveyancer as well as your mortgage broker.

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I'm looking to borrow for

Just me Two of us

Dependants

Work status - are you self employed?

PAYG Self Employed

My monthly income before tax

Rental income

My monthly rental income before tax

Other income

My monthly other income before tax

My credit card limits

Other repayments

My other monthly repayments

2nd Applicant

2nd applicant monthly income before tax

Rental income

2nd applicant monthly rental income before tax

Other income

2nd applicant monthly other income before tax

2nd applicant credit card limits

2nd applicant other repayments

2nd applicant other monthly repayments

You could borrow up to

Repayments
/ month
Expenses
Remaining

Based on standard variable rate over years.

Start the pre-approval process

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.

Your borrowing estimate

Recalculate borrowing power

Monthly income

Expenses

You may borrow up to

Value of property

Borrowing

Over

Interest Rate Use the lowest rate from Mortgage Choice's lender panel Input rate

Repayment options

Extra monthly repayments

Your monthly repayments
Total loan repayments:
Total interest charged:

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.

Value of property

State

Property use

Type of dwelling

Type of property

First Home Buyer?

Calculate

Total fees:

Breakdown	Amount
Stamp duty on property
Transfer fee
Mortgage registration fee

Need help with your next home purchase?

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.