Is It Time to Review Your Home Loan?

With the end of financial year fast approaching, it’s a timely reminder for investors and homeowners to review their current mortgage and ask the question “do I have the right home loan for my circumstances?”.

Loan Market Broker Wayne Pope says “The largest cost in owning a property is traditionally the mortgage. A lot of investors and homeowners make their purchase and set and forget, not realising that just a year or two down the track, they could be paying much more than they need to be.”

The end of financial year is a great time to review your circumstances.

Wayne and his team offer a complimentary home loan health check to assess your loan and compare it to what your current lender and over 30 other lenders are offering.

“I regularly save clients thousands of dollars a year in interest on their loans.  Imagine how many other investors and homeowners are paying considerably more in interest to their bank than they need to, but don’t know it” said Wayne.

“If we can fix this, they get the opportunity to maximise their bottom line on their investment, or potentially pay off their home loan sooner by paying less in interest and more in principle.  I encourage clients to not be that person, and get their Home Loan checked regularly”.

You simply need to provide Wayne with four basic pieces of information for him to let you know of any potential savings

1. Current loan amount
2. Current lender
3. Current property value
4. Current interest rate.

Call Wayne Pope on 0410 600 690 to find out if you could potentially save thousands on your home loan!