A home loan health check is a free 20 minute discussion, aimed at fine-tuning your home loan and uncovering any potential ways to save you money and time.
Conducting an annual Mortgage review is a wise decision, as it will give you an understanding of other offers that exist, which could save you thousands or at the vary least give you peace of mind.
Now this is where things get a little more complicated, but it doesn't have to be. This is why we encourage you to ask yourself the following:
- Is my interest competitive?
- Am I paying unreasonable high ongoing fees?
- Does my loan have the features that I really need?
- Are you paying your salary directly into an Offset account to reduce your loan balance and save on Interest?
- Have my circumstances changed and is my loan a good fit for me now?
- Do you need to consolidate some debts?
Refinancing your home loan is often a simple process and if you could potentially save yourself thousands, then is it worth the effort? With interest rates at their lowest for over 50 years, there are some great rates available, without the need to sacrifice the features that are important to you.