When was the last time you reviewed your home loan? If your answer is “not since I got it,” you’re not alone, but you might be missing out on thousands of dollars in savings.
Many Australians sign up for a home loan, set the repayments, and forget about it. But the truth is, home loans aren’t a one-time decision, they need regular check-ups. That’s where refinancing comes in.
At Clear Path, we help homeowners stay in control of their mortgage by finding the smart refinancing solutions designed to save money, unlock equity, and better align with your current goals. If it’s been a while since you looked at your loan, it might be time to ask: Am I really getting the best deal?
What Is Refinancing?
Refinancing simply means replacing your existing mortgage with a new one – often from a different lender – to take advantage of better rates, terms, or features.
There are plenty of reasons to refinance:
- Secure a lower interest rate
- Reduce your monthly repayments
- Access equity for renovations, investments, or major expenses
- Consolidate multiple debts into one manageable repayment
- Switch to a loan with better features or flexibility
In short: refinancing puts you back in control of your finances.
Don’t Set and Forget
Home loan rates and products are always changing. Lenders regularly adjust their offerings, and new products enter the market all the time. If you’ve had the same loan for two or more years, chances are you’re paying more than you need to.
Our advice? Don’t just set and forget. With regular loan reviews, we help ensure you’re:
- Paying the lowest rate available for your situation
- On a loan structure that still suits your needs
- Positioned to achieve your financial goals faster
Sometimes, even a small drop in your interest rate can save you thousands over the life of your loan.
Is It the Right Time to Refinance?
Here are a few signs that refinancing might be right for you:
- Your interest rate starts with a 5 or higher
- You’ve built up equity in your home
- Your financial situation or income has changed
- You want to renovate or invest in another property
- Your fixed rate term is ending
- You simply haven’t reviewed your loan in over 2 years
Even if you’re not sure, it doesn’t hurt to have a quick loan health check. At Clear Path, our team will assess your current loan and compare it against hundreds of others to see if there’s a better fit.
Why Refinance With Clear Path?
Refinancing can feel overwhelming, but it doesn’t have to be. Our experienced brokers make the process simple and stress-free:
✅ We review your existing loan and identify potential savings
✅ We compare hundreds of lenders and products on your behalf
✅ We negotiate with lenders to secure a competitive new deal
✅ We handle the paperwork and approval process for a seamless switch
Plus, we always put your needs first – no jargon, no sales pressure, just honest advice and clear financial guidance.
Ready to review your home loan?
Don’t let your current mortgage hold you back. Explore your refinancing options with Clear Path and make sure you’re getting the most value from your home loan.
Learn more about refinancing with Clear Path and book a no-obligation chat with our team today.