Too Loyal or Time-Poor for a Better Rate? Problem Solved

Too Loyal Or Too Time-Poor To Get Better Terms On Your Loan? Problem Solved!

Another month, another rate cut but still the same old repayment.

Finance can be incredibly tedious. That is until you realise it could help you get more money in your pocket. But how? For many, matters of personal finance are so dull and/or difficult, they immediately file them in the “too hard” or “too boring” cabinet. And for their trouble or lack thereof, these people are often slugged with a ‘lazy tax’ – the price paid for staying put. Loyalty too – or simply being time-poor – can also be offences punishable by debt in the world of finance.

But it doesn’t have to be this way.

A 2018 Australian Competition and Consumer Commission (ACCC) report showed that new borrowers with an average-sized residential mortgage paid up to $850 less a year in interest than existing borrowers with the same lender.

(ACCC) 2018

However, despite the apparent benefits, actively ensuring an interest rate remains suitable is a practice that continues to elude many. Fortunately, there are people out there whose job is to assist in this process.

We Finance brokers play a vital role in assisting borrowers through the process of ensuring their mortgage is competitive. With over 17 yrs in the mortgage industry, we can select a loan product suitable to your current needs, saving you hundreds if not thousands every year in loan repayments.

We are just a phone call away and are ready to guide you through the task of refinancing your loan.

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