Have you reviewed your rate?
When was the last time you reviewed your rates?
It might have been years since you first locked in your mortgage. But did you know that interest rates fluctuate over time? What seemed like a good deal yesterday might not be as attractive today.
What can you do about it?
Refinancing could be the answer.
What is refinancing
Refinancing is essentially replacing an existing loan with a new one, with different terms or interest rates, typically to get a better deal.
Refinancing your home loan can offer several advantages.
Get lower interest rate
A lower interest rate of even 0.2% can significantly save you thousands of dollars and reduce your monthly repayments. If you haven’t reviewed your loan for couple of years or are about to come off a fixed interest rate, contact us today to find out what options you have. Pay less fees
You may be paying more than what you need to for your mortgage, for example your monthly account fee. Talk to our brokers to see how much you can save on the mortgage fees.Pay off loan sooner
Has your property price gone up? If so, why not unlocking the potential equity value in your home? Contact us today to discuss how you can tap into this asset for home renovations, investments, or other major expenses. Access to equity
Has your property price gone up? If so, why not unlocking the potential equity value in your home? Contact us today to discuss how you can tap into this asset for home renovations, investments, or other major expenses. Consolidate debt
Are you paying high interest rate for your credit card or personal loans? Did you refinancing can actually help you to consolidate these high-interest debts into your home loan at a lower interest rate, simplifying your finances and potentially saving you money? Contact us today to find out more how it works.
Other Benefits
Flexible features
New lenders often offer a wider range of features, such as offset accounts, redraw facilities, or split loans, which can help you manage your finances more effectively.
If you are interested in getting a new home loan, feel free to contact and discuss your needs with us.Improved customer service
If you're not having a good experience with your current lender's service, refinancing can provide an opportunity to switch to a lender with better customer support.Cashback offers
Some lenders offer cashback incentives when you refinance, providing an immediate financial benefit.
If your financial situation has changed, or you haven’t reviewed your loan for couple of years, it is time to do so. Feel free to contact us and discuss your needs, you will be surprised how much you can save.