How long has it been since you checked your home loan to find out what interest rate you are currently on ?
Would you bank tell you if there is a better deal available with another lender ?
How much is the bank profiting from your home loan ?
We can sit down with you and show you what competitive home loan specials are available at the moment. There are some great discounts available for home loans of $150,000 above.
We can compare the options and negotiate on your behalf and look after the whole process.
As an example on a loan of $300,000 if we can save you 0.25% of your home loan, you will save $750 per year. That quickly adds up over 3-5 years !! A lot of banks also charge annual package fees of $400 per year which we can look at changing your home loans with little or no ongoing fees.
One thing to keep in mind with refinancing that as a general guide it is only beneficial to look at refinancing if your home loan is less than 80% the value of your home. We can check this for you by arranging a valuation before submitting your application. This way you don’t have to pay mortgage insurance again. Unfortunately at this stage the mortgage insurance is unable to be transferred between lenders.