Are you 100% sure your loan is still the right one for you?
Have you had the same loan for a while now? Then it’s worth giving your loan a checkup. It’s natural that as time passes, your needs change, as does the market. The loan that was perfect for you a few years ago may not be the best loan for you today. Aussie lenders are a fiercely competitive bunch who continually try and improve their rates.
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. Again, you might not have to change lenders. We can help you to figure out if you have any options better suited to your personal circumstances.