Mortgage Broker. Home Loans. Refinancing for Port Macquarie Locals

Call: 02 6584 0355

Looking for a home loan? Talk to Gary Owen, your local Mortgage Choice broker from Port Macquarie. Let us research and compare more than 20 lenders for you.

Call Us Mortgage Choice Port Macquarie
Office - 02 6584 0355
Fax - 02 6584 0155

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

Address

2nd Floor, JBC Bldg, 41-47 Horton Street PORT MACQUARIE, NSW 2444

Start your home loan journey today

I'm a professional, established Mortgage Broker providing access to hundreds of home loans to local residents in Port Macquarie for over 25 years. My proudest achievement is that most of the new home loans we write in Port Macquarie comes via repeat business and referrals from existing clients. Over the years we've helped hundreds of our local Port Macquarie clients find the best home loan for their needs. If you need help with any of the following my team would love to hear from you to see if I can help you achieve your goals:

Buying your first home, including applying for the first home buyers grant. First home buyers represent the majority of our business and we'd love you to benefit from our experience.
Investing in property. I can provide you with access to Residex reports that can assist you to make the right investment property to buy.
Refinancing your existing home loan to reduce your monthly contributions or consolidate your debt to get your finances back in control.
Construction loans
Loans for small business operators including residential and commercial
Equipment and Car Leasing
Insurance and Personal Loans
Reverse Mortgages (Seniors Home Loans)

You can meet us in our office in Port Macquarie, alternatively we offer a mobile service and can meet you at your home or workplace. We'll take care of all the legwork from application, liaising with the lenders, through to settlement of the loan.

2023 MFAA NSW Regional Finance Broker Award Finalist
2023 MFAA NSW Residential Finance Broker Award Finalist
2019 MFAA National Residential Finance Broker Award Winner
2019 MFAA NSW Residential Finance Broker Award Winner
2019 MFAA NSW Regional Finance Broker Award Finalist
Awarded Mortgage Choice NSW Single Franchisee Operator of the year in 2018
I have over 40 years experience in the banking industry specialising in home loan lending
Over 20 years of experience as a Mortgage Choice Franchisee
Fully accredited by the Mortgage and Finance Association of Australia & President of the local Chapter
I am an accredited Reverse Mortgage Consultant
Hold a Diploma of Finance and Mortgage Broking Management
My family and I have lived in Port Macquarie since 1993
I was awarded Life Membership of the Port Macquarie City Apex Club at the 1999 State Convention
I have achieved the accolade of Apexian of the Year three times and I am also a past President of the Club
I proudly support the local community through sponsorships of Port Macquarie sporting teams

Please call me directly on 0409 770 096 or call our office on 6584 0355 and one of our team can assist. We look forward to speaking with you soon.

What's next?

Find out if you're eligible for the First Home Owner's Grant
Book a Home Loan Health Check
Find out how much you can borrow?

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

Gary and Carmel at Port Macquarie Mortgage choice are exceptional at customer service, advice and assistance in guiding you through your mortgage needs. Gary is very informative and is always looking to find the best rates and products to suit your financial situation. We have dealt with and known Gary and Carmel for 8 years now and cannot recommend them highly enough.

Danny and Kirran

20 November 2024

Gary and his team went above beyond our expectations.
Prompt replies, extremely helpful with finding the best mortgage to suit us was a pleasure to work with.
Thank you Gary team

K
18 November 2024

Gary Owen from Mortgage Choice in Port Macquarie is simply the best.
With challenging deadlines from other parties, numerous complexities.. the calm, direct, efficient ease in which he navigates through this is exceptional.
His warmth, amazing staff and environment is something for others to copy.
He is amazing.

23 October 2024

Gary has been a pleasure to work with. He really helped us in every step and gave us great advise.

Maria
16 October 2024

We cant speak highly enough of Mortgage Choice Port Macquarie. Gary helped us out enormously after wed been let down by others. He said Ill make it happen - and he did. We needed help urgently and it became immediately apparent that wed come to the right place. Gary kept us informed regularly so we were never left wondering how things were going. It made us feel confident that there would be a succe... read more

Eric
25 July 2024

Gary at Mortgage Choice was quick, efficient and communicated with us through the entire process, helping us feel comfortable during a very busy process of applying for a home loan. Very helpful and personable. We would not hesitate to recommend Gary

Louise
07 July 2024

Very professional and great service.
Would highly recommend Mortgage Choice to anyone looking for a broker. Our situation was a little complicated but Gary was able to get us across the line with no hassle.

Jaiben
12 April 2024

Gary was very knowledgeable and experienced and was able to secure a loan for me and my children to start over. Nothing was too much for Gary and his partner and I cannot recommend him highly enough. I will definately be using Gary again in the future and recommend him to anyone needing to secure a loan.

Tracy
27 December 2023

This is my second time borrowing through Gary, its always a pleasure.

robert
12 December 2023

Gary has been great to deal with as we sorted out our new mortgage. Our situation was complex but Gary made sure we were kept in the loop all the way and worked hard to find us the best outcome for us. Highly recommend the Team at Mortgage Choice Port Macquarie

Travis
08 November 2023

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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/ month
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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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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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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.