Mortgage Choice in Newcastle. Your local Newcastle Mortgage Broker and Home Loan Specialist

Call: 02 4955 7770

John Bilous, of Mortgage Choice Wallsend, brings a wealth of loan experience to home buyers and property investors in Newcastle and Lake Macquarie.

Call Us Mortgage Choice Wallsend
Office - 02 4955 7770

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

Address

41 Metcalfe Street WALLSEND, NSW 2287

Welcome to Mortgage Choice Newcastle. Your local home loan experts!

John Bilous brings a wealth of experience to home buyers and property investors in Newcastle.

Having worked as a Mortgage Broker in Newcastle since 2008, John has assisted hundreds of Newcastle and Hunter Valley locals secure competitive finance to purchase their dream home including:

First home buyers
Young couples starting a family who need a bigger home
Home owners looking to save money on their existing loan, and
Investors seeking to build wealth through property.

In a complex market, we give you clear solutions

These days, the home loan market isn't as simple as it used to be.

As a borrower, you may have more options than you realise - and it’s worth exploring every avenue to ensure you secure the deal that meets your needs.

John always works with two key goals in mind:

To secure the best outcome for you, and
To make your loan process as streamlined as possible.

John will sort through hundreds of loans from the Mortgage Choice panel of lenders - including many of Australia’s largest banks plus specialist lenders, helping you find the right loan sooner.

We can even meet with you at a time and place that suits you - right across Newcastle and Lake Macquarie or at the Mortage Choice Wallsend office:

41 Metcalfe Street, Wallsend NSW 2287. Available for appointments 7 days or evenings a week.

Thought about refinancing?

Moving to another loan could save you money, time and stress. Regularly reassessing your situation provides peace of mind that you are making the most of your finances.

Call John on 0417 253 825 today to ask about a FREE home loan health check.

FREE seminars

Mortgage Choice in Newcastle regularly holds free information seminars, or John can present a seminar for your colleagues at your workplace. It’s a great opportunity to learn more about buying or investing in the Newcastle area.

Contact John Bilous to arrange your next seminar.

We work hard to make your next loan easy

Our residential home loan service costs you nothing. We’re paid by lenders after your loan settles.

Hear what our customers have to say!

"John was very helpful and thorough. He explained everything clearly and in a way that made it easy to understand. He was reliable and always available to answer any questions I had." - Jenna, First Home Buyer

To enjoy a streamlined loan process – and take advantage of expert Newcastle home loan advice, contact John Bilous today on 02 4955 7770 or 0417 253 825. Or click on the Contact Us link at the top of this page and we’ll be in touch shortly.

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

John has high knowledge in this field and knows his stuff, very professional would highly recommend Wallsend Mortgage Choice

26 April 2023

John is in a league of his own. He has always gone above and beyond, is incredibly knowledgeable, and always easy to talk to. Nothing is too hard and he always works in your best interest to provide you with the best loans, and saves you plenty of money I cannot recommend him enough, I send all my friends and family to him and they all rave about how good he is. Without a doubt one of the best brokers around

Jason
18 May 2022

John is an absolute weapon. He is a must have on your home-buying team. He organised my refinance and helped my partner and I with financing our first home together. Personally, my previous experience with other brokers was having to chase them, risking missing settlement, and having to do 90 of the work myself. Not with John. He was ahead of the game the whole time, made the process so easy for us, was happy to answer all of our questions, was so reassuring, and gave us lots of great advice.

Cara
17 April 2022

John was great Helped me and my partner buy our first home 12 months into my new business. He was professional and got back to me when he said he would unlike previous brokers , He was happy to answer questions and got us over the line unlike others i had contacted. Will be using him again for future loans

Nicholas
18 July 2021

John and Melinda were fantastic from start to finish during the process of purchasing my first home. I cannot thank them enough and I highly recommend using their services if you're interested in a mortgage broker.

Jared
18 July 2020

I couldn't recommend John and his amazing staff enough, we have used his services for our last 3 houses and if it wasn't for his expertise and ability to pursue every avenue to make sure we could secure finance we wouldn't have been able to get into the housing market. Nothing is too much for John and the wonderful staff who helped us out.

Michael Pryce
16 December 2017

We first met John awhile back when Rachael and I were applying for our first home, we had some issues like every first home buyer and without John's understanding and commitment we would've never had our first home. We were ready 5 years later to look at purchasing in a different area and this meant we needed to borrow more. We decided to use John's services again as he had gone the extra mile for us previ... read more

Michael & Rachel
16 December 2017

John was very helpful and thorough. He explained everything clearly and in a way that made it easy to understand. He was reliable and always available to answer any questions I had. Great guy and I couldn't be happier with his help through what could of been a stressful time. Thank you so much! Will definately use John again and recommend him to others.

Jenna
16 December 2017

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2nd Applicant

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Calculate

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.

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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.

If you buy a home costing up to $430,000, no stamp duty is payable at all. If the value of your home is between $430,000 and $530,000, you’ll be entitled to a reduced rate of stamp duty. There are no additional concessions for homes valued above $530,000 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.