When was your last home loan health check?

November 8, 2019 ∙ Articles

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

Connected Loans will do 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 us do this on your behalf 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 and when your circumstances change.

Questions we will ask you

  • Are you paying an unreasonably high interest rate?
  • Are you paying high fees?
  • Are you happy with the service you currently receive?
  • Does your existing loan provide you the features you need?
  • Are you paying for features you don’t use?
  • Have your financial circumstances changed?

Benefits

A home loan health check will cost you nothing with Connected Loans 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.

Contact Connected Loans – lending a helping hand.

 

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