It’s important for you to remember as time goes by, banks change the interest rates they offer.

Therefore it makes sense that you would need to review your home loan interest rate regularly.

We find that the right time to review your home loan is every 12 months. We do this on behalf of our existing clients to ensure their interest remains competitive.

Reviewing the type of home loan you have is also important. Is a variable rate or fixed rate most appropriate for you? Do you want the ability to pay down the loan ahead of time? Do you want an offset account if your current home loan doesn’t offer one?

If you do decide that it’s best to explore alternatives and look at another provider, the process for refinancing your home loan can be broken down into five easy steps.