The multi-award winning mortgage brokers in Toowoomba City

Call: 07 4638 8200

Julian Collins, Kris May and Luke Henderson from the Mortgage Choice Toowoomba City office will show you, your home loan options from over 35 lenders. Our experienced team will help you get the right loan.

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). Call us if you require ramp (wheelchair) access via our rear door.
Free Appointment

Address

Unit 1/270 Ruthven Street TOOWOOMBA CITY, QLD 4350

Enjoy expert service from our team, the brokers your friends are talking about!

One meeting with Julian Collins, Kris May or Luke Henderson 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 to use our quick ballpark 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.
We provide advice at every step of the way and fill out the forms on your behalf.
There is no charge to you for meeting with our brokers or for our standard home loan service. In some limited circumstances, we may need to charge a fee to submit a loan application. If this is required it will be fully discussed with you before proceeding.

The lender you select pays us when the loan settles for providing you with advice and completing the paperwork.

Early evening appointments are available, please call our office to arrange.

Click below to 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 mortgage broker. Joining him is Kris May, who has over 15 years of experience in mortgage broking and Luke Henderson who has more than 7 years of experience in banking & lending. Scroll down to see their latest awards.

Julian, Kris and Luke 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 and discover why our team is rated as one of Toowoomba's top mortgage brokers.

Our team's latest industry awards

Finalist- 2025 MFAA QLD Regional Broker
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

Whilst we're not the biggest client, we've always been treated as though we're the most important clients. We have no hesitation in working with this team for all of our financial needs and advice and, likewise, have no hesitation in highly recommending them to any and all of our friends and family.

Ian
04 June 2025

Kris was extremely helpful throughout this entire process and was happy to filter any questions we had at any time that was convenient. Was very methodical and explained everything from government schemes to personal finances very well that made us comfortable with the purchase of our first home.

Ryan
03 June 2025

I just want to say thank you to Julian at mortgage choice toowoomba for your hard work and all the help and dedication in helping us secure our first home loan you made it seem so easy and stress free we appreciate everything you did in making sure we understood the process from start to finish.

Brooke
01 June 2025

Hayley and Julian at Mortgage Choice Toowoomba City were so helpful throughout the whole construction process for our new home. They helped us get a home loan that suited our needs, we could not recommend them enough.

Brooke
27 May 2025

From our first appointment with Kris, we instantly felt confident in our lending abilities. Kris had a wealth of knowledge and went above and beyond to get what we wanted to achieve, in a judgement free, fun environment. Kris answered phone calls from us after hours to help with any questions we had, and was more than willing to help out whenever he could. We appreciate Kris and the work he has done... read more

Tess
26 May 2025

Mortgage Choice was exceptional to deal with, and this was due to Kris May. His professionalism, industry experience and knowledge was excellent. Kris was timely and always supportive in every way. I would highly recommend MC and Kris May to others and have

Mitch
25 May 2025

Kris and his team at Mortgage Choice Toowoomba City, are fantastic He is passionate about his job, as a team they work well together and communication is excellent. Kris ensured every box was ticked for us and followed through until the end, in record time. Highly recommend

Stacey
24 May 2025

Kris and the team at Mortgage Choice Toowoomba have been absolutely incredible throughout my first home buying journey. As someone who didnt know where to begin, I felt completely supported every step of the way.

Kris is not only knowledgeable and professional hes also genuinely funny and easy to get along with, which made the whole experience so much more relaxed and enjoyable. He was clear, calm... read more

Paul
21 May 2025

Kris May is like a human guidebook for first home buyers patient, clear, and always on point. If there were a First Home Buying for Beginners manual, Kris wouldve written it D. And I say this because my husband and I had no clue where to begin or what to do, but Kris guided us through every nitty-gritty detail of home buying.

Kris and his other team members - Jodie and Monette were always thorough... read more

Mete
21 May 2025

Efficiency is key Thanks Julian for another smooth experience with our purchase and refi

Natalie
20 May 2025

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.

State / Territorial Revenue Web Sites

View