Craig Guthrie - Mortgage Choice in Bankstown

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Looking for a home loan? Talk to Craig and Brendan Guthrie , your local Mortgage Choice brokers from Padstow, NSW. Let us research and compare more than 20 lenders for you to find you the right loan for your situation.

Call Us Mortgage Choice Albion Park
Office - 0411 426 271

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

Hi, I'm Craig Guthrie, your local Mortgage Choice Mortgage Broker for Bankstown and Sydney's South West.

Buying a home is exciting, but I also know first hand the stresses that it can create and the time it can consume. My wife and I have bought and sold 3 homes, we've constructed our own home... and we have raised 4 Children, One of my sons Brendan has recently joined the business as a Loan consultant.

The key to taking the stress out of:

Buying a home
Renovating
Refinancing
Investing

Is getting the right people involved from day one "getting the professionals in". I certainly wouldn't try to build the frame or lay the brickwork, so why not take the same approach with finding finance?

With the market offering so many loans from so many lenders, it takes someone with experience and knowledge to work through all the options to find the loan that best suits your particular needs.

That's where Brendan and I come in. I have over 15 years experience in the industry and an in-depth knowledge of lending strategy and how different lending products suit different situations. Blake has recently joined the franchise and is extremely impressive in his youthful knowledge and enthusiasm to learn.

Talk to us about any residential finance matter, we are also able to provide services surrounding:

Vehicle and personal loans
Equity access and deposit bonds
Debt consolidation
All insurance needs

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. Our service is solely focussed on achieving the best result for you. Making it stress free.

With experience and understanding of the market on your side, taking the leg work and the jargon out of the process is often all it takes to make the process simple and stress free. And that's just what I'll do.

As mobile Brokers , we are flexible enough to meet you at a time and place that suits you.
An initial chat gives us an insight into your lending needs, expectations and goals.
We take that understanding and assess your needs against a suite of loan products from a range of lenders.
We explain all the most suited options using plain language and answer all your questions.
Together with my business partner and wife, we then manage your application right through from electronic submission to settlement. Simple.

Don't put it off, discover what options are open to you - give me a call to arrange a time to meet!

Yours sincerely,
Craig and Brendan Guthrie

Servicing: The Sydney South West Region - East Hills, Panania, Revesby, Picnic Point, Padstow, Milperra, Condell Park, Georges Hall, Bass Hill, Bankstown, Greenacre, Yagoona, Sefton, and Chester Hill

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

They explained the entire home loan process, our options available and answered all our questions, making the entire process a lot less daunting. They did all the ground work for us. We are so grateful to have received their guidance and cannot recommend them highly enough!

Glenn Comedoy & Jacqueline Johnson
16 December 2017

My husband and I would like to sincerely thank Blake and the team at Mortgage Choice Bankstown for all of their recent help with our home loans. Buying a property, in particular the loan process can be a stressful time however Blake was extremely helpful and went above and beyond to make sure the process was easy for us. Nothing was too much trouble! I will be recommending Blake and the team to all of my friends and family!
Thank you again.

Patrick & Kara McBride
16 December 2017

Thank you so much for all your help, advice and assistance through the whole process.

It all seemed very daunting at first with everything that's involved but you were able to make it so much easier and I appreciate all the work you put in. I will be definitely recommending you to others looking to buy.

When I'm ready to buy the next investment property I'll definitely give you a call! Thank you

Blinda Bush
16 December 2017

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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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.