Michael Cullinan

Covering Geelong, Ocean Grove, Barwon Heads, Queenscliff, Torquay and surrounds.

Call: 0447 528 116

Our team in Geelong research & compare loans from up to 35
lenders to match the one for you, not the lender.

Call Us Mortgage Choice Torquay
Office - 0447 528 116

Open Hours Mortgage Choice Torquay
Monday - Friday: 9:00am - 5:00pm
After hours by appointment
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With over 30 lenders on our panel from the big banks through to specialist lenders, and hundreds of home loan options, we'll find one that feels tailored to you.

Covering Geelong, Ocean Grove, Barwon Heads, Queenscliff, Torquay and surrounds.

When it comes to choosing a mortgage broker, there are numerous options available. Mortgage Choice Geelong stands out as the premier choice for several compelling reasons:

1. Local Expertise: We have an in-depth understanding of the local markets and the unique needs of local residents.

2. Comprehensive Services: We offer a comprehensive range of services beyond just mortgages. We provide holistic solutions to help you achieve your long-term financial goals.

3. Personalized Approach: At Mortgage Choice Geelong we believe in taking a personalized approach to every client interaction, understanding your individual circumstances, preferences, and objectives.

4. Access to Leading Lenders: With access to an extensive panel of lenders, with over 35 financial institutions.

5. Transparent and Honest: Transparency and honesty are at the core of our values, providing clear and straightforward advice for you to make an educated assessment.

6. Exceptional Customer Service: We strive to provide a seamless and stress-free experience, keeping you informed every step of the way.

7. Proven Track Record: Mortgage Choice Geelong has earned a reputation as a trusted and reliable partner in the community.

In summary, when you choose Mortgage Choice Geelong you're choosing a local partner with the expertise, resources, and dedication to help you achieve your financial goals.

Contact Michael Cullinan and the team at Mortgage Choice on 0447 528 116 or email michael.cullinan@mortgagechoice.com.au

Our team can help you with:

Home Loans

Investment loans

First Home Buyer Incentives

Refinancing

Personal Loans

Business Finance

Equipment Finance

Car & Vehicle Loans

Car Sourcing

Insurance

Superannuation

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

We have had a great experience with Michael and Damian. They have been more than accommodating and helpful.

Michelle
02 July 2024

From start to finish Michael and Damian have been amazing to deal with. Very helpful, knowledgeable and always willing to answer your questions. Highly recommended

Emma
26 February 2024

Michael and Damien were absolutely amazing helping us with the purchase of our first home. We had some difficult asks from them and they still managed to secure us a loan with no stress. Total professionals and we highly recommend

Julie
05 December 2023

Michael and Damian are extremely knowledgeable, helpful, and responsive. They provide excellent balanced advice and offer a very personalised and professional service. I have engaged Michael and Damian on multiple occasions and have recommended their services to others. You won't be disappointed engaging the team at Mortgage Choice.

Garry
03 December 2023

Very friendly and extremely professional. Thanks guys for making this possible I couldnt have got a loan without you.

elizabeth
06 November 2023

Michael was very helpful offered stellar advice. Thank you Michael

Zara
15 July 2023

Michael and Damian were extremely helpful every step of our FHB journey Super responsive and didn't dismiss any of our questions. With the guidance of Michael and Damian were able to get in our first home with minimal stress which didn't seem possible before reaching out to them. Highly recommend having a chat with the team at mortgage choice

Brodie
13 June 2023

Both Michael and Damian were a great help just a phone call or email away .very prompt and professional .I would highly recommend there services.

bruce
22 May 2023

Great customer service by Michael and we were kept well informed every step of the way. Thanks for all your help Michael

Matt
04 July 2022

Highly Recommend

Grant
18 June 2022

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.

Click here for more information on the WA First home Owner Grant.