We're locals, just like you!

Call: 02 4422 4062

🥇 Multi award winning Mortgage Brokerage in Nowra and the Shoalhaven.

Extensive local knowledge and experience in the current lending environment. Our passion is finding the right loan to suit each client's needs!

Appointments are available during business hours and late evenings on Tuesday, Wednesday & Thursday nights by appointment.

Call Us Mortgage Choice Nowra
Office - 02 4422 4062
Fax - 02 4422 0152

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

Address

49 Junction Street NOWRA, NSW 2541

Latest home loan interest rates

Starting from

p.a.

Comparison rate

p.a.

Disclaimer: Interest rate associated with | minimum loan size: . Further conditions, fees and charges may apply.

Start your home loan journey today

Why choose Mortgage Choice Nowra?

Mortgage Choice in Nowra is owned and operated by Paddy O'Sullivan and Kate O'Sullivan, who have both lived and worked in Shoalhaven for many years. Our team is confident and knowledgeable, and in an era of information overload, we will guide you through the often confusing and time-consuming mortgage maze.

We specialise in:

Home Loans
Investment Loans
Refinancing
Personal Loans
Car Loans
Equipment Finance and Leasing
Commercial Finance
Debt Consolidation

We do the hard work for you and find the most suitable solution to meet your needs - without damaging your credit rating.

If you're ready to purchase a property, refinance your existing home loan or purchase equipment for your business. then take advantage of our years of experience with an obligation-free appointment. Book online, or call 02 4422 4062 to chat with Paddy O’Sullivan, your friendly local broker at Mortgage Choice Nowra.

Book an Appointment

Home loan pre-approval!

As your mortgage brokers in Nowra and Shoalhaven, we can help you organise your home loan pre-approval. In a market like this, pre-approval may be your biggest weapon when it comes to buying a home, as it allows you to understand how much you can borrow and, therefore, what you can spend on a property. It also puts you in a stronger position to negotiate with a vendor or bid at an auction, giving you more confidence when it comes to bidding.

Generally speaking, it's based on an assessment of your individual circumstances, needs and ability to repay the loan, so to organise your loan pre-approval, just get in touch with Paddy and his team

Call us to book a meeting or click the orange 'Contact us' button in the top right corner of this page, and we will contact you as soon as possible.

Book an Appointment

Mortgage Choice Nowra can also help you with:

Home Loan Resources

If you're researching the best ways to enter the property market, then you may find our guides useful. Feel free to check out some of our free resources below.

We would love to help you

As your Mortgage Choice brokers in Nowra, Shoalhaven and the surrounding area, we are committed to ensuring you truly have the best interest rate available on the market! Our promise to our clients is:

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.
We will do the legwork. You can save hours of research and paperwork by getting us to help!
You will always get straight advice.

Located in the heart of Nowra, our Mortgage Broker team services clients not only in this region but all over Australia. Visit our office located at 49 Junction Street, Nowra, to get your home loan journey underway.

Call Mortgage Choice Nowra on 02 4422 4062 or book an appointment below.

Book an Appointment

Servicing: The NSW South Coast from Gerringong in the North to Batemans Bay in the South including Bomaderry, Shoalhaven Heads, Nowra, North, South and West Nowra, Bangalee, Orient Point, Greenwell Point, Culburra Beach, Callala Bay and Beach, Currarong, Woolamia, Huskisson, Vincentia, Sanctuary Point, St. Georges Basin, Old Erowal Bay and Erowal Bay, Ulladulla, Batemans Bay, Milton and anywhere in between.

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

I have been using Mortgage Choice for the past 10 years and they have helped with two home loans and two refinances. I wouldn't use anyone else, they are amazing and they get the job done.

Melissa
20 November 2024

Best in the business, great to deal with.

07 November 2024

Paddy and the team helped us refinance our home loan. Great knowledge and helpful service and was able to get us a lot better rate savings us per month.
Highly recommended

05 September 2024

A big shout out to Stacey and Nicole at Mortgage Choice Nowra. From the very first phone call and up until settlement theyve been so very helpful in getting my refinancing in order,all in under one month. They took the stress and uncertainty out of my situation and I wouldnt hesitate in recommending them. Thankyou so kindly.
Regards Judith

Judith
30 July 2024

We recently used Paddy to assist us with a loan for our new home purchase. His knowledge and expertise were evident from the start he made the entire process so easy and hassle-free. Paddy's settlement agent, Nicole, was also incredibly helpful and ensured the final steps leading up to settlement were a breeze. We highly recommend Paddy and his team

Ellie
02 July 2024

Paddy and the whole staff at Mortgage Choice Nowra have been super helpful and explained everything clearly as we acquired our land. Highly recommended this be your first stop for all your mortgage needs

Pip
20 June 2024

Would absolutely recommend Mortgage Choice Nowra Nothing was a problem, so easy to deal with the team If your considering refinancing choose these guys

Jeremy
18 June 2024

Mortgage Choice made our re-finance process stress free and enabled us to achieve everything we were after. We could not be happier.

Lisa
16 June 2024

Great service and great people. We had a smooth process obtaining our home loan all the way through to settlement. We highly recommend Paddy and the team at Mortgage Choice Nowra.

Simon
12 June 2024

If you every want a home loan, Stacey is the one to see. It was smooth process with Stacey, she is professional, easy to communicate with.

Katherine
10 June 2024

Help me calculate

More calculators

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.