Refinancing your home loan?
Refinancing is simply replacing your current home loan with a loan that might be better suited for you. You could take advantage of lower rates, access available equity, better loan features as well as a range of other benefits.
When should you review your home loan?
We recommend that you review your current home loan every 2 years to ensure that it is still meeting your needs, you have the best rate and you have access to things like equity for renovation or investment purposes. Refinancing could help you lower your monthly repayments through debt consolidation or finding a lower rate.
But there are costs associated with refinancing your current loan like exiting fees, so it's important to review your options with a mortgage broker before deciding.
Our free home loan health check
With interest rates low at the moment, now is the perfect time to see if you could save with our free home loan health check.
Mortgage Choice in South Perth offer a free home loan health check to compare your current home loan with hundreds of others to see if we can get you a better deal. It only takes a short time and could save you money in the long run.
Book in your free home loan health check with us today by clicking on the Contact us button at the top of the page.