Reducing the life of your loan isn’t difficult; there are many simple things you can do to cut years off your mortgage. Here are some tips that will help you be mortgage-free sooner, from a client interview.

t’s easy to walk into the local bank and talk to a lender, or apply online for a home loan, but it may not always be the best option.

When you’re buying a house, do you go to one real estate agent, decide you will buy a house from them, and choose from what they have on the market?

When was your last loan health check (home or business)?

Circumstances can change, leaving your loan less suitable than it was originally. A health check can reveal if you’re paying too much.

You could be forgiven for thinking the royal commission had skipped over problems with the banking and wealth management sectors to focus on the mortgage brokers as the real "villains" in the finance industry.

Spring is widely known as the busiest time in the home buying calendar as the nicer weather draws more buyers out to property inspections, and drives more vendors to list their properties. But is Spring really the best time for buying a home, or is it merely an industry myth?

Find out - in the latest edition of the Inspired Living Newsletter for Spring/Summer 2018.

“In a time of distrust and questionable ethics and practice of banks and the financial services sector, I have and would recommend Daryl and the Integrity Finance team without hesitation.”

It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why:

The redraw facility explained
A redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on interest. If you pay more than your minimum scheduled repayments, then you’ll have money available to redraw from your home loan.