Recently a long standing client of mine, who also owns her own mortgage broking business, offered to review my mortgage rates. I jumped at the chance as even though I am perceived as ‘financially literate’, being an accountant and all, I often forget to sweep the cobwebs out of my own financial life!
It was so easy, all I had to do is send a screen shot of my mortgage information to Vicky and sign a consent form. After that Vicky was able to approach the bank I hold my mortgage with – in this case I was paying 4.59% – and she negotiated my interest rate down to 3.96%. On an average Brisbane mortgage amount of $500,000 Vicky was able to save me over $3,000!
Keep in mind that this is not always the result – perhaps you already have a very competitive rate or the banks will refuse to adjust your rate downwards. But, in this case Vicky can help you re-finance your loan with another bank. The probability of you saving on your current interest rate is very high! In my case, we had just come off a fixed rate mortgage to a variable rate and Vicky advised this is a great time to renegotiate as the rate on offer is almost always too high.
So here are Vicky’s details – go on … Poke a Stick at that Mortgage and give Vicky a call!
Victoria Bleathman | Loan Consultant | Mortgage Choice | firstname.lastname@example.org | 0403 152 390