If you’ve seen any news reports recently you will know that the banks are engaged in a price war to win new business. Assessing your home loan in this environment is essential even if it means that you negotiate a better deal on your current home loan.
With over 800 loan products from a panel of 30 banks and secure lenders your Loan Market mortgage broker will be able to compare your current home loan against the current leaders.
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When Should I Assess My Home Loan?
You should assess your home loan at least every 12 months. A change in your circumstances should also prompt a home loan review. This could include:
- A pay rise and/or new job
- A growing family
- Your children beginning to support themselves financially
- Increasing or decreasing property values
- Changing interest rates
More Information and Home Loan Help
For more information on how to assess your current home loan against an extensive panel of Australian banks and secure mortgage lenders, talk to your local mortgage broker, or contact us on 13 LOAN (13 5626)