Majority of mortgage holders in Australia are experiencing 'mortgage loyalty tax'. This denotes the situation where existing borrowers find themselves subject to higher interest rates compared to new customers to banks. This discrepancy has the potential to impose additional financial burdens on existing borrowers, translating to thousands of dollars in extra annual mortgage payments.

Findings from the Home Loan Price Inquiry 2019-20 underscore the challenges faced by existing mortgage holders. The report identifies a substantial number of borrowers who could have achieved cost savings either by negotiating a lower rate with their existing lender or by opting to switch to a new one.

Why should you refinance your home loan?

1. Secure a better interest rate, potentially resulting in substantial long-term savings.
   
2. Consolidate personal debts (personal loan, car loan, credit cards, ATO debt, business loans, etc.) into your mortgage for a better structure and lower repayment.
3. Free up home equity, providing funds for major expenses such as home renovations, education, or other investment opportunities (buying another property, shares purchase, business purchases).
4. Have the option to switch from a variable to a fixed-rate mortgage or vice versa, aligning the loan structure with evolving financial goals and market conditions.
   

Why should you work with us?
We provide you access to a diverse pool of over 40 lenders in the market. This enables us to offer comparisons and work with lenders who align with your specific goals and objectives.

With a collective experience of over 10 years, our team has successfully aided numerous clients in realising their property objectives. We comprehend the difficulties and challenges that clients often encounter on their journey to success.

Our business is anchored on two principal pillars – delivering an outstanding customer service experience and crafting personalised solutions for each individual. Our commitment is to facilitate a seamless loan application process, expediting your progress towards achieving your property goals.

We deliver RESULTS to our clients & partners.

Speak to us today to switch your home loan and save on repayments!