Refinancing your home loan

Start your home loan journey today

There’s a common misconception that you should stay with the same home loan forever. That once you’ve chosen a lender, you are locked in for the entire loan term. In reality, refinancing your loan to get a better rate or new features can be very rewarding - potentially saving you thousands of dollars over the long term.

With the current economic climate, now is the perfect time to think about switching loans to make sure you are getting the best rate possible. As your Mortgage Choice broker servicing the Hills District, George and his team can help you decide whether refinancing is the right choice for you and help you get a better rate!

Get in touch with George Allebi this week to discuss your options.

Benefits of refinancing your loan

Not only can refinancing save you over the long term, it can also be useful for consolidating debts, reducing account fees, and unlocking equity that could potentially be used to fund an investment or home upgrade.

It might be time to consider refinancing if

Your loan has recently changed from a fixed rate to variable
You want a better rate
You want to switch lenders or access new loan features
You have debts to consolidate
It’s been a few years since you last checked on your loan

Your broker can walk you through any sneaky fees associated with switching loans and weigh up whether you will be able to save on repayments in the long term, so you don’t need to worry about a thing!

Home loan health check

Time to revisit your loan? We make things easy with a free home loan health check to monitor your situation and advise on the best path forward. You might be surprised at how much you could be saving!

Our team of brokers from Mortgage Choice servicing the Hills District, Fairfield and Auburn can assess your financial situation and personal needs and assist you with refinancing to a loan that works better for you.