Just like us, our home loans often need a health check to ensure they are still fit and healthy and meet your personal needs and circumstances. Circumstances can often change and a home loan health check is an essential way to fine tune your home loan and reveal if you’re paying too much.
So, what is involved in a home loan review?
Your finance broker can do a full home loan health check quickly and easily. Either over the phone or in person, your broker will check to see if your home loan is still competitive and suited to your ever changing needs.
To make sure your home loan is in the best shape possible, a home loan review should be performed once a year. Don’t stress, our experienced brokers are ready to do all the hard work for you to make sure you’re not paying too much!
What questions should I ask?
When reviewing your home loan with your finance broker, there are a few things to keep in mind. Consider the following:
- Is my interest rate competitive in the current market?
- Am I paying unnecessary fees?
- Am I happy with the service I receive?
- Do I have the flexibility with my home loan that I need?
- Am I paying for features I don’t use?
- Have my financial circumstances changed?
Time to get a home loan health check? Enjoy the benefits!
A home loan health check could potentially save you thousands in repayments each year. You may be able to source a lower interest rate or improve your home loan features. In order to make your payments more manageable, a better payment structure could be introduced, relieving stress and saving you time and money.
So, what are you waiting for? Get in touch with one of our experienced finance brokers and find out if we can save you time and money on your home loan through a free home loan health check. Call (08) 9367 4222.