Same bank, better rate

Apr 15th, 2015

Same bank, better rate

Apr 15th, 2015

Happy with your home loan and like your bank, but feel you’re missing out on the low interest rates around?

Well now is the time to do something about it – and in many cases, you can get a better rate without changing banks.

For many of our clients, the bank and the product are still the right fit for them and we don’t want to change that.

We’ve built our reputation on the view that it’s not just about the rate.  The bank, the product and the structure have to be the right fit for a client rather than just rate-chasing. Having said that, the spotlight is currently so bright on interest rates that banks are open to discussing reductions.

The banks are prepared to negotiate, they don’t want to lose clients in this competitive market, and so we are able to go back to our client’s current home loan provider first and say, hey, we’re happy with you, the loan and how it’s set up but what can you do about reducing the rate for us.

Ideally, we are in a position to keep everything as it is but simply secure a lower rate with minimum fuss and paperwork.

It’s little effort for a great return – say even a half percent rate reduction on a $200,000 loan can save a client $1000 per annum in interest repayments.

Please contact us if you’d like us to review your interest rate. Call 8362 1377.