Broker Home Loan Review

Are you currently on the best home loan deal? This is a question you should ask yourself every twelve to twenty-four months.

With interest rates a key topic in the media and rates seemingly to be on the rise. It is a great time to review your home loan and see if you’re still on the right product for you.

Chances are, if you have been with your current bank for two or more years, you may be on an outdated or higher interest rate, or your “honeymoon rate” may be over. There’s also the fact that you may be in a completely different financial situation to where you were when you applied for the loan. Whether that be a pay increase and being able to pay more off your loan or you’ve started a family and you would like repayment certainty.

By contacting your mortgage broker, they will be able to do a rate review to see if you are on a competitive offer, and if you’re not, they will also be able to guide you through the refinance procedure and assist in re-structuring your loan in a way that best suits you.

Right now, there are also “cash back” offers available up to $3,000 for refinancing. So, if you can find a better rate to what you are on and take advantage of a cash back offer, you could potentially save thousands.

A mortgage broker will be able to do a full assessment and find the best deal out there for you.

When going through the review process, you will be able to discuss your future financial and life goals. Your Broker will then be able to guide you on how you can work towards achieving those goals, whether they are in the near or distant future.

To see if you’re on the best available deal, contact a Clime Finance broker today and see how much you could save.

Contact Broker