Why We Chose North Brisbane Mortgage Brokers
We were looking to purchase an investment property and found North Brisbane Mortgage Brokers online. After reading their reviews, we decided to give them a call, and it was the best decision we made.

Our First Time with a Mortgage Broker
This was our first experience working with a mortgage broker, and it was so much more convenient than dealing directly with a bank. Jack McKenna, our broker, was fantastic. He even came to our home in Bald Hills to help with paperwork. Unlike our previous experiences with banks, Jack provided us with multiple options and helped us feel more confident about getting approved.

Concerns We Had
We were worried about the costs of using a mortgage broker, but Jack’s services were completely free. Another concern was finding a loan with good rates while making sure we’d get approved for the property we wanted in Kedron.

First Impressions
From the first meeting, Jack’s knowledge of Brisbane North suburbs like Kedron, Windsor, and Chermside was obvious. He explained the differences between Principal and Interest versus Interest Only repayments so clearly that we felt confident in our decisions. His advice about Interest Only repayments helped us focus on paying down our non-deductible home loan.

Tailored Financial Advice
Jack really took the time to understand our financial situation and future plans. He even recommended borrowing an extra $20,000 as a buffer for any maintenance costs, which we placed in an offset account. This gave us peace of mind without increasing our repayments.

Finding the Right Mortgage
The whole process was smooth. Jack and his team set up a group chat, and they were always quick to respond. While we looked at properties in Stafford, Jack’s local knowledge about amenities like cafes and schools helped us narrow down our options.

Transparency and Communication
We were kept informed throughout the process, which made everything so much easier. Jack was always available to update us on the loan application and explain what was happening. His transparency took a lot of the stress out of the waiting.

Dealing with Challenges
Finding the right suburb was tough, but Jack’s expertise in Brisbane North was invaluable. He knew so much about the areas we were considering, which really helped with our decision-making.

Outstanding Communication and Support
Jack’s communication was excellent. He kept us informed throughout the pre-approval process, and we never had to worry about delays. His support was incredible, and when he found a better rate for our existing home loan, it saved us even more money than we expected.

Going Above and Beyond
Jack went above and beyond. Not only did he help us secure our investment property, but he also negotiated a lower interest rate on our existing home loan. We went from 7.66% down to 6.24%, which saved us nearly $350 per month. This was an unexpected bonus that really helped our financial situation.

Final Outcome
We were approved for a $750,000 home loan—$700,000 for the investment property and $50,000 in our offset account. Plus, Jack’s help in lowering our existing home loan interest rate is saving us $4,970 a year.

Satisfaction with the Mortgage
The savings from the lower interest rate allowed us to reduce our home loan term by five years. That’s about $150,000 saved in the long run! On the investment property, we saved an additional $750 per year with the stand-alone lending structure Jack set up.

Impact on Our Lives
Securing this mortgage has drastically improved our financial future. We now own an investment property in Kedron, with rental income covering our interest-only repayments. Reducing our home loan term also means we can retire earlier than expected, which is life-changing for us.

Would We Recommend North Brisbane Mortgage Brokers?
Absolutely. Jack and his team made everything so easy and stress-free. We would recommend North Brisbane Mortgage Brokers to anyone looking for local expertise and personal service.

Advice We’ve Now Given Our Friends
If you need a mortgage, Jack McKenna and North Brisbane Mortgage Brokers should be your first stop. Their professionalism and knowledge of the Brisbane North area were critical in helping us make informed decisions.

Our Final Thoughts
The best part of working with Jack was his local knowledge. His insights into suburbs like Kedron were key to helping us choose the right investment property. When we were approved, we felt an overwhelming sense of relief and joy. Jack took all the stress off our shoulders, and we couldn’t be more grateful!