The Biking Broker Newsletter - 14th December 2010
It’s Time for a Home Loan Tune-up
Your car gets serviced at the mechanic, your teeth checked at the dentist, but when is the last time you booked your home loan in for a Home Loan Tune-Up?
A regular Home Loan Tune-Up ensures you’re still getting the best deal and the maximum benefit out of your biggest investment. As your personal circumstances change over time, it’s important to make sure your home loan meets your needs and evolves with your lifestyle.
A Home Loan Tune-Up will evaluate the possible benefit of refinancing and the costs of refinancing against the life time of the loan. Changing your home loan can be affordable and hassle-free – let me show you how. Some lenders are currently offering generous incentives to switch.
Here’s what a tune-up might uncover about your loan. How to:
- save on interest and pay off your loan sooner by changing the frequency of your repayments
- achieve a lower interest rate
- negotiate better terms with your current lender
- reduce your loan balance and build your equity by using an offset account or paying income directly into your home loan.
- unlock the equity in your home to use for investment or renovation
- reduce debt by consolidating it into your home loan
- access product innovations that were not available when you first took out your loan
- transfer your loan to another lender.
Best of all, a Home Loan Tune-up from The Biking Broker is free! So you have nothing to lose.