Does a home loan review affect my credit score?
No. The initial review is based on the details you give us — there’s no credit check to get started. If you decide to proceed with a formal application, the lender will usually make a credit enquiry, which may be recorded on your credit file. We’d always talk to you before anything goes to a lender.
Am I locked into anything?
Not at all. The review is free and there’s no obligation. Sometimes the best outcome is staying with your current lender — and we’ll tell you if that’s the case.
Can you just get my bank to lower my rate?
We can help you request a better rate from your current lender, although the outcome isn’t guaranteed. We’ll show you where you stand so you can decide whether to stay, ask for a better deal or consider other options.
Is a lower rate always a better loan?
Not necessarily. Fees, features (like offset or redraw), the loan term and the costs of switching — such as discharge, application or fixed-rate break fees — all affect what a loan really costs you. We look at the whole picture, not just the headline rate, and we’ll tell you if switching isn’t worth it.
I’m on a fixed rate. Is it too early?
It’s a great time to plan. If your fixed term ends in the next 6–12 months, we can map out your options now so you’re not rolled onto a higher revert rate.
How long does switching take?
Typically 2–4 weeks from go-ahead to settlement, although timelines vary depending on the lender, your circumstances and how quickly documents are provided. We handle the paperwork and keep you updated the whole way.
What if I don’t know some of the details?
No stress — only your current rate, name, email and mobile are required. We’ll fill in the gaps together on the call.
Bree · Director
Ella · Mortgage Broker