Don't slam the door on
competitive interest rates.
Are you wondering if your home loan is optimised in the most suitable way? Are you getting the best interest rate possible? Is your loan structured in the best way to achieve your goals? We'll answer all these questions and more with our COMPLEMENTARY Home Loan Health Check to see if refinancing is the best move for you.
We're here to make your life easier - making sure you get the best loan possible for your needs and goals.
Interest rate review
Assessing if your current interest rate is competitive against lenders. Determining if you would benefit more from a fixed rate, variable rate, or a combination of the two.
Loan features and benefits
Evaluating if an offset account could help you reduce your interest repayments. Checking if a redraw facility is appropriate if you plan on making additional repayments on your home loan.
Loan amount and term
Reviewing the current loan balance and the remaining term. Evaluating the equity in your property, which can be useful for topping up your loan, buying another property, or securing a better rate.
Financial circumstances and goal
Examining your current income, expenses, and any changes to your financial situation. Considering your future financial goals, such as renovations, buying an investment property, or repaying your loan faster.
Refinancing options
Calculating the potential savings (including exit fees, application fees, and any other costs) of refinancing to a new lender with a better interest rate and features.
Get the ins-and-outs of our Home Loan Health Check.
A Home Loan Health Check is a is a comprehensive review of your current mortgage to ensure it remains competitive and aligned with your financial goals. This process involves evaluating your interest rates, fees, loan features, and repayment structure to identify potential savings and improvements. By assessing these aspects, a Home Loan Health Check helps you make informed decisions about refinancing or adjusting your loan, ultimately ensuring that your mortgage remains beneficial and cost-effective.
A Home Loan Health Check offers several significant benefits, ensuring your mortgage remains competitive and well-suited to your financial needs. By reviewing your interest rates, fees, and loan features, you can identify potential savings and improvements, such as switching to a lower rate or leveraging beneficial loan features like offset accounts. It also helps in aligning your repayment structure with your financial goals, whether aiming to pay off your loan faster or adjust your repayment schedule. Additionally, by consulting with our team, we can help tailor solutions for additional financial goals you may have.
Having a chat with us doesn't necessarily mean you need to move lenders. We will only recommend changing if it is financially worth your while.
Our team always delivers the best interest rate for your situation, and take the guess work out by presenting our clients with the best options from multiple lenders/banks. We're not tied to specific products or providers, so we are able to focus on truly understanding your situation and maximising the benefits of a loan product. To top it off, we provide our expertise free of charge! If you aren’t currently in a position to finance a loan, or need some time to fully understand your choices - you can leave with all your options on the table.
Beck McLean Finance is all about transparency. We don’t charge our clients any fees. This is due to lenders/banks providing us with commission on any loans we introduce to them. That means we receive a percentage of the loan amount (paid by the lender) on successful completion of the loan. We’re often asked; do you get paid more for using certain banks over others? The answer is no, all banks pay nearly identically.