Problems with interest rates and repayments? Ask for home loan help.
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There are a few common strategies to reduce home loan repayments, most notably:
Discuss with your existing lender, increasing the term, changing the structure so some or all of the loan becomes interest only or looking for a cheaper interest rate within the product range. Some lenders may offer discounts to retain your business. If you are having financial problems and the loan is for owner occupied housing then the lender is compelled to try and assist you by law.
The other option, and I would always recommend talking to your lender first, is to contact a broker who can help find a more suitable product and structure from a larger range of lenders.
To talk about how you might be able reduce your loan repayments through a cheaper home loan, contact our loan specialists on  .
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