Refinance

Not entirely. If it has been any more than 6 months, then it’s worth giving your loan a check-up because as time passes, your needs change, as does the market. The loan that was perfect for you a few years ago may not be working as hard for you as a it could be. Rates are currently at an all time low, causing competition among the lenders. Refinancing allows you to take advantage of these offers and change your existing loan to one that’s more suitable to your current situation.

You may want to switch from a fixed rate loan to a variable loan (or vice versa), or you might want a loan with more flexible features, such as redraw or a line of credit. You may even be looking to ditch features you don’t use to save. You might not even have to change lenders. We can help you to figure out if you have any options better suited to your personal circumstances and can often negotiate on your behalf to find your ideal financial solution.