Refinancing Your Home Loan

In this video, iChoice principal Jason talks about refinancing your home loan.

Why do people refinance?

  • To get the structure of their borrowing correct to make it more efficient.
  • Increase the borrowing limit and unlocking residential equity (remember you only pay for borrowed money that you actually use and isn't in an offset account).
  • The banks get more and more competitive over time and better products and interest rates usually apply over time.

The costs to refinance can often be offset by a cashback from various banks although it's not uncommon to save clients in the hundreds every month just by placing them in a tailor made product.

Savings in the thousands of dollars a year are only a phone call away!