Even if you’re not ready to refinance right now, it makes sense to give your loan an annual Home Loan Health Check to ensure it still meets your needs. This is an obligation-free service available from your local Mortgage Choice broker. Best of all, there's no charge to you for our home loan service because the lenders pay us.
What is refinancing?
Refinancing refers to the process of paying out your current home loan by taking out a new loan, either with your existing lender or through a different lender. You could get a lower interest rate and reduce your monthly repayments or you could fix your rate for a certain period, and have the security of fixed monthly repayments.