Novus Finance

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Real Estate Institute of Victoria data shows at least 35 suburb records were shattered in the past six months, including for homes in traditionally affordable areas.

Speak to us about organising your finance and pre-approval on a home loan. This will put you in a great position to negotiate on the property you want.

Melbourne’s record-breaking post-lockdown sales: 35 suburbs get new benchmarks, REIV - realestate.com.au From Melton to the Mornington Peninsula, at least 35 suburbs have new price records as the market soars. SEE THE LIST.

Time for a home loan health check? 🩺

With a home loan, clients tend to just ‘set and forget’. But it’s sensible to review your home loan every two to three years.
Life happens and our circumstances are always changing where interest rates can go up and down, new lenders emerge and more competitive products become available so keeping the same home loan for 30 years could cost you more money than you need to spend.

✔ WHY should you consider refinancing?

In general, there are 4 main reasons to consider refinancing.

1. your loan may be less competitive and you could potentially get a lower interest rate.
2. Different home loan features and benefits could work better for you.
3. Your financial situation may have changed.
4. You want to access some of the equity you've built up in your home.

✔WHEN should you consider refinancing?

We’re currently experiencing a low interest rate period, so there are many competitive home loan products available. It’s a good idea to review your home loan every two to three years.

✔WHO should you use to refinance?

You should always talk to a mortgage broker because our opinion is not biased towards any particular lender or product. (Unlike a bank which will push whatever loans they have to sell at the time.) And we won’t suggest that you refinance if it isn’t the right move for you.

If you would like a free home loan health check, message us today!