While lenders seek to wind back their level of investment lending, competition in the owner-occupied space in lending has started to heat up.
Many lenders have started to offer some very competitive owner occupied home loans in a bid to pick up more of this area in business.
Over the past few months, many of Australias lenders have made significant changes tot heir investment product pricing and policy in a bid to curb their level of investment lending growth.
For those borrowers who have been in the same home loan product for a while, now may be a good time to give your mortgage a health check. Refinancing may allow some borrowers to repay their home loan sooner, consolidate debts or even access equity in your home.
Call us today on 03 8602 6777, or contact us online to learn more about your home loan options.