The multi-award winning mortgage brokers in Toowoomba City

Call: 07 4638 8200

Julian Collins and Kris May from the Mortgage Choice in Toowoomba City office will help you buy a property in Toowoomba, Dalby, Warwick, Kingaroy or Gatton. Our experienced team of loan professionals will help you get the right loan. We are one of the Top 100 Brokers in Australia (MPA 2021).

Call Us Mortgage Choice Toowoomba
Office - 07 4638 8200

Open Hours Mortgage Choice Toowoomba
Mon - Fri 8:30am - 5:00pm
(after 5 pm by appointment pls call). Let us know if you require wheelchair-friendly access via our rear entry.
Free Appointment

Address

Unit 1/270 Ruthven Street TOOWOOMBA CITY, QLD 4350

Enjoy top-level service from our Toowoomba team:

The one your friends are all talking about!

One meeting with Julian Collins or Kris May will explain the mortgage maze.

We help with:

Home, investment and construction loans. We also specialise in rural lifestyle properties. Read our upgrading step by step, construction and investor guides.

Refinancing your loan. Selecting a new home loan that decreases your interest rate or adds helpful features. Read our helpful refinancing guide.

Car finance, personal loans and equipment finance. Please call our office to enquire about this type of finance.

You receive:

Accurate advice on how much you can borrow and how much deposit you will need (it can differ between different lenders).
Scroll down for our borrowing power calculator.

A full comparison and explanation of available loans (interest rates and features) from over 35 different banks. Our software will show your options. We will explain how they differ and which ones best match your needs.
With Mortgage Choice's bargaining power, these rates are equal or better than rates offered by banks direct.
If you decide to submit a home loan application, we provide advice at every step of the way and fill out the forms on your behalf. In most cases, our home loan service is at no cost to you, as the lenders pay us for completing the paperwork.
Early evening appointments are available, please call our office.

Get a quick ballpark estimate of your borrowing power

More about our award-winning home loan experts

Julian Collins was a senior bank manager in Toowoomba before becoming a finance broker. Joining him is Kris May, who also has over ten years of experience in the home loan and investment lending fields. Scroll down to see their latest awards.

Julian and Kris know loan products and how lenders assess loan applications. They match lenders and home loan products to your financial circumstances and work with the lender to get your loan approved.

Don't spend hours comparing home loans! We specialise in providing loan guidance to Toowoomba, Highfields, Warwick, Dalby, Gatton, Kingaroy, Goondiwindi and all other towns in the Darling Downs and South Burnett.

Read our google reviews to discover why our team is rated as one of Toowoomba's top mortgage brokers.

Our team's latest industry awards

Winner- 2022 Mortgage Choice Top Loan Administrator QLD
Finalist- 2022 MFAA QLD Young Professional
Winner- 2021 MPA Australia Top 100 Broker
Finalists- 2021 MFAA QLD Regional Broker and QLD Customer Service
Winner- 2019 Mortgage Choice Australian Diversified Loans Broker
Winner- 2018 MFAA Australian Regional Finance Broker

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

Incredibly happy with our experience Kris is an absolute gem Honest and so lovely The best part of buying a house has been dealing with this team. Julian is absolutely lovely and both are always there to bounce idea off. Could not recommend more

Charli
10 July 2024

Thank you Jullian. You do all the hard yards and get results. Will use again

Paul
09 July 2024

Julian was fantastic to work with and was so helpful the whole way through to settlement. I definately recommend Mortgage Choice and Julian when looking to buy your first home

sari
04 July 2024

This team is probably the best.
Professional, speedy service.
Kris will do anything he can to get you in your dream home.
Very highly recommended.

Social
27 June 2024

Kris and the team helped my partner and I secure our first home Kris is an amazing broker, took heaps of stress off knowing he had our back.
The team kept us informed the entire ride, we are so grateful.
Thanks for all your help and for making our consults so fun.

Julia
27 June 2024

Kris was such a great guy when I was buying my first house with my partner. So easy going and great to talk to.

Nathan
26 June 2024

Kris was an amazing person to deal with when my partner and I were buying our first house. Such a nice funny guy and so easy to talk to about anything. We both appreciated the time he took to talk to us about everything and made sure we understood before we moved onto another topic

Piper
26 June 2024

Kris is superb to work with Very friendly, incredibly knowledgeable, the team at mortgage choice made our first home buying experience a smooth ride and gave us the best possible chance

Nathan
25 June 2024

KRIS MAY What a champion My partner and I were very lucky to have him as our mortgage broker. He helped us throughout the whole process of buying our first family home together It is a dream come true for us and we couldn't have done it without Kris.

Highly recommended him as an amazing mortgage broker.

Jess
25 June 2024

Kris and his team were very helpful, courteous and prompt getting our loan sorted and patient with us even when we had to make some changes late in the process. Thanks again

Scott
25 June 2024

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Other income

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My credit card limits

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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

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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.

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The multi-award winning mortgage brokers in Toowoomba City