When was your last home loan health check?

When was your last home loan health check?

Circumstances can change, leaving your home loan less suitable than it was originally. A home loan health check can reveal if you’re paying too much.

What’s involved?

Finance Prospects can conduct a full home loan health check for you either in person or over the phone. We will check if your loan is still competitive and still suited to your individual needs.

Having an expert do this for you can also take the stress out of the process for you. It is advisable to get this check done at least once a year, or if your circumstances change.

Questions to ask

Be aware of what you want checked. Think about the following when you speak to us:

·      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?

Benefits

A home-loan health check will generally cost you nothing and could save you thousands. Your home loan features could be improved or you could find yourself with a lower interest rate. A better payment structure could also be introduced, making your repayments more manageable.

Checking the state of your current loan could uncover the possibility of taking out additional finance, which can consolidate any other debt you may have or help you purchase an investment property.

Visit www.letmecheck.com.au for further information, give us a call on 08 8344 9933 or email jessica@financeprospects.com.au