Circumstances can change, leaving your home loan less suitable than it was originally. If you find yourself in this situation – don’t stress! A home loan health check with SFE Loans can reveal if you’re paying too much!
The SFE Loans team can do a full home loan health check for you either in person or over the phone. We check if your loan is still competitive and still suited to your individual needs.
Having an expert do this for you takes the stress out of the process for you. We advise people to get a home loan health check done at least once a year, or if your circumstances change.
What should you ask?
Be aware of what you want checked! Here are some things to think about before speaking to our team:
- Am I paying an unreasonably high interest rate?
- Am I paying high fees?
- Am I happy with the service I receive?
- Does my loan give me the features I need?
- Am I paying for features I don’t use?
- Have my financial circumstances changed?
What are the benefits?
A home-loan health check will generally cost you nothing and could save you thousands! You may experience various benefits from completing the check and making some changes, including:
- An improvement in home loan features
- A lower interest rate
- A better payment structure for more manageable repayments
Checking the state of your current loan could also uncover the possibility of taking out additional finance, which can consolidate any other debt you may have or help you purchase an investment property.
Contact SFE Loans today to organise your home loan health check!