Unravelling the mystery – getting the best home loan for you!
With so much choice today, knowing what, who and where to entrust your home loan to, can be more than confusing!
With all financial institutions competing for your dollar, it can be difficult to know which product or service suits your needs best. That’s why it’s up to each of us to research these products and services and make educated decisions in order to find the right one.
At Australian Central, we have made the task easier and now have a team of specialist Home Loan Advisers available in our metropolitan branches.
Getting the right advice about your home loan ensures that you get a loan that meets your goals and is as easy as possible. Seeing an expert in the area will allow you to have products and services explained and clarified. It is important to ask questions of your lender to ensure that you are getting the best offer for your requirements, such as:
- What fees will I need to pay?
- Will fixed rates or variable rates suit me best?
- Does this product have any features that may benefit me now or in the future?
However, sometimes it’s not convenient for all of us to go directly to a lender during their opening hours. Australian Central’s Home Loan Adviser’s can come to your home or place of work to discuss your home lending needs.
In addition, some websites available to consumers are also used as vital information sources for financial institutions.
One such is www.infochoice.com.au. Infochoice is an independent ‘infomediary’ for financial services. It provides unbiased information on a wide range of goods and services and presents them in an objective way that allows easy and meaningful comparisons and ultimately, informed choices.
Another independent financial services research group is www.cannex.com.au. Cannex gathers, compiles and distributes interest rate and product information for a variety of retail financial products offered by financial institutions in Australia, NZ, Canada and the US.
Cannex takes this research one step further and offers ‘star ratings’ to various financial products to create a consumer friendly benchmark. You can find these rated products on the Cannex website and most financial institutions that have received these awards will also display the Cannex logo and their nominated rating with their product or service.
Whether you’re buying, building, investing or refinancing - don’t be caught out and choose a product that doesn’t suit your needs. In today’s marketplace it is best to be informed and comfortable with your decision to the best result for you!
This advice has been prepared without taking into account your objectives, financial situation or needs. Therefore, before you act on the advice, you should assess whether it is appropriate for you, in light of your objectives, financial situation or needs.
If this advice recommends that you should acquire a particular financial product, you should obtain a Product Disclosure Statement for that product and consider the information in it before deciding to acquire the product.