While most people are thinking about tinsel, pavlova and beach days, November/December can actually be one of the smartest times to check in on your home loan. A quick review now could save you hundreds (or even thousands) before the next festive season rolls around.
Why now?
The pre-Christmas period is when many lenders quietly roll out sharper rates and cashback offers to wrap up their year on a high note. For homeowners, it’s a chance to make your money work harder – especially if your rate doesn’t have a “5” in front of it.
Even if you’re on a competitive loan, your financial circumstances may have changed since you first signed up. An increase in equity, a better credit score, or even improved income can all open the door to better loan options and faster debt reduction.
A simple check-in can pay off
A short chat with your broker can help identify:
Think of it as the gift that keeps on giving!
Refinancing before Christmas isn’t about adding another item to your to-do list – it’s about giving yourself some financial breathing room before the new year begins.
If you’d like to see what a better rate could do for you, get in touch with The Loan Company today. We’ll do the legwork so you can get back to the important stuff – like perfecting your Christmas ham glaze.
