Did you know a home loan health check could put thousands in your pocket, literally?
With the property markets dropping in Australia’s Eastern states the banks are on the hunt for new home loans. This is finally some good news for WA homeowners!
Now the Reserve Bank has reduced interest rates for the first time in 3 years it is a great time to check out how competitive your loan rate is.
Current Variable rates are as low as 3.28%* and Fixed as low as 2.99%* – Conditions apply
Some major banks are also offering up to $2,000 Cashback on new loans and refinances, while others are offering incentives such as 300,000 Qantas points with new home loans. 
But, will you be able to take advantage of the benefits?
With home loan interest rates this low now is a good time to talk to us if you are considering purchasing a new property. More importantly, it’s also a great time to review your existing home loan and determine whether it is still the most suitable loan available for your specific circumstances.
Did you know that the assessment rate which was previously 7% has been reset to a minimum of 2.5%? This means that as each lender adjusts their policy, you could be eligible for finance where you may not have qualified in the past.
Merideon Home Loans offer mortgage holders a free of charge home loan review. We can help you to understand if you could be taking advantage of these highly publicised home loan offers.
The aim of our home loan health check is to answer these questions:
- Are you paying too much interest on your current mortgage?
- Does your loan still meet your current needs?
- Have your financial or personal circumstances changed? If so, do you need different features and benefits from your loan?
When we update this information, we can look at your financial plans for the next 12 months and advise on how your loan could be set up to help you achieve your goals. For example, we could potentially help you unlock your equity to invest, renovate or make some lifestyle improvements.
Let us help you make the most of your finances.
Interest rates are now at their lowest level for several decades and this alone is a great reason to ask us to give your home loan a full review right now. If you can also benefit from Cash Backs or other incentives, it you could potential cover the application costs and have some “cash in the sky-rocket!”
We have access to a wide variety of lenders, so we’re in a great position to help you compare loan products and choose one that suits your current financial circumstances. A saving of just a little on your home loan now could add up to significant difference over the life of your loan.
To get started call Danielle Broderick today on 08 9583 5299 or click here to book in a time for her to call you.
*Rates and special offers are current at time of publishing.