Ongoing home-loan support

Regular Home Loan Interest Rate Reviews

Your home loan should not be forgotten after settlement.

Interest rates, lender pricing and available loan options can change over time. A home loan that was competitive when it was established may not remain appropriately priced as the lending market and your circumstances change.

LnL Finance provides regular interest-rate reviews for our existing clients. We review your current rate and contact your lender directly where appropriate to ask whether a more competitive rate may be available.

Request an Interest Rate Review

Is Your Home Loan Rate Still Competitive?

Many homeowners continue making repayments without knowing how their interest rate compares with the pricing their lender may currently offer.

A rate review provides an opportunity to check:

Your current interest rate
The rate your lender may offer following a pricing request
The features and fees attached to your loan
Whether your loan still suits your current circumstances
Whether a broader home-loan review may be worthwhile

A lower advertised interest rate does not automatically mean a loan is more suitable. Fees, features, loan structure, eligibility requirements and the costs of changing loans must also be considered.

We Review Our Clients’ Interest Rates Regularly

Our support does not necessarily finish when your loan settles.

LnL Finance reviews existing clients’ home-loan interest rates on a regular basis. Where appropriate, we approach the client’s current lender directly and request a pricing review.

This can help identify whether the lender is prepared to offer a more competitive rate without requiring the client to immediately refinance to another lender.

The outcome of a pricing request depends on factors including:

The lender’s current pricing policies
The type and structure of the loan
The outstanding loan balance
The property’s value and loan-to-value ratio
The borrower’s repayment history
The lender’s assessment criteria
Current market conditions

A lender is not required to reduce an interest rate, and a review will not always result in a pricing change. However, regularly checking the loan helps ensure the rate is not being left unreviewed for an extended period.

How Our Interest Rate Review Works

1. We review your current loan

We start by checking your current interest rate and relevant loan details.

Depending on the circumstances, we may ask you to provide an up-to-date home-loan statement or other information required to review the loan accurately.

2. We contact your existing lender

Where appropriate, we approach your lender directly to request a review of the interest rate applied to your loan.

This allows the lender an opportunity to reconsider its pricing before broader refinancing options are explored.

3. We explain the lender’s response

We let you know the outcome of the request and explain what it means for your home loan.

Possible outcomes may include:

The lender offers a reduced interest rate
The lender confirms the existing rate will remain unchanged
Further information is required
A broader home-loan review may be worth considering

4. We discuss the next step

If the lender does not make a suitable pricing change, we can discuss whether a broader review of the loan may be appropriate.

This does not necessarily mean that refinancing will be recommended. The potential benefits must be considered against fees, eligibility requirements, loan features and the costs associated with changing lenders.

5. We continue to review the loan

Interest-rate reviews should not be treated as a once-only exercise.

We maintain contact with our existing clients and review home-loan rates regularly, helping ensure the loan continues to receive appropriate attention as lender pricing and personal circumstances change.

Why Regular Rate Reviews Matter

Lender pricing can change

Banks and lenders periodically change their interest rates, discounts and pricing policies. The rate available to a borrower may change even when the official cash rate has not moved.

New customers may receive different pricing

Lenders sometimes offer different discounts or pricing to attract new customers. Existing customers may not automatically receive the same pricing without requesting a review.

Small rate changes can affect repayments

Even a modest change in an interest rate may affect repayments and the total interest charged over time. The actual impact depends on the loan balance, remaining term and repayment structure.

Your financial circumstances can change

Income, property value, equity, liabilities and future plans may change after settlement. These changes may affect whether the current loan structure remains appropriate.

Reviewing does not mean you have to refinance

The first step may simply be asking the existing lender to reconsider the rate. Refinancing should only be considered after reviewing the potential benefits, costs and suitability of available alternatives.

When Should You Request a Home Loan Rate Review?

A rate review may be worthwhile if:

Your home loan has not been reviewed recently
Your lender has increased your interest rate
You are unsure what rate you are currently paying
You have held the same loan for several years
Your property may have increased in value
Your loan balance has reduced substantially
Your fixed-rate period is approaching its end
Your interest-only period is approaching its end
Your financial circumstances have changed
You are considering refinancing, renovating or purchasing another property

You do not need to wait until you are unhappy with your lender. A regular review can help identify potential issues before they become more significant.

Existing LnL Finance Clients

LnL Finance aims to maintain an ongoing relationship with clients after settlement.

Our regular rate-review process is designed to help existing clients understand whether their current lender is still providing appropriate pricing. Where suitable, we contact the lender directly and request a review on the client’s behalf.

If you have changed your email address, phone number or other contact details since your loan settled, please let us know so we can keep your records current.

Update My Details or Request a Review

Not Yet an LnL Finance Client?

You can still contact us to request a broader review of your existing home loan.

We will first seek to understand:

Your current loan and interest rate
Your financial circumstances
Your reasons for requesting a review
Your short-term and longer-term plans
The loan features that are important to you

Where appropriate, we can discuss whether approaching your current lender or comparing alternative options may be a suitable next step.

Request a Home Loan Review

Why Choose LnL Finance?

Regular human reviews

Our rate-review process is completed by our team rather than relying solely on an automated rate-monitoring platform.

Direct contact with lenders

Where appropriate, we contact the existing lender and request that the interest rate be reviewed.

Clear explanations

We explain the lender’s response and the available next steps in plain English.

Broader lending support when required

If the current loan may no longer be appropriate, we can discuss whether a more comprehensive home-loan review is worthwhile.

Local, ongoing service

LnL Finance is based in Joondalup and supports clients throughout Perth, Greater Perth and Western Australia.

Frequently Asked Questions

We aim to review our existing clients’ home-loan interest rates regularly. The appropriate timing can depend on the client, lender, loan type and market conditions. Clients can also contact us between scheduled reviews if their circumstances or interest rate changes.
No. The first step may be to approach your existing lender and request a pricing review. Refinancing to another lender would only be considered after reviewing the available options, potential costs, loan features and your circumstances.
No. The lender decides whether it will change the interest rate. The outcome may depend on the loan, property, lender policy, repayment history and other relevant circumstances.
A pricing request itself will not usually require a new loan application, but processes can vary between lenders. We will explain any known requirements before proceeding.
We may request a recent home-loan statement and confirmation of your current contact, property and loan details. A broader lending review may require additional financial information.
We can explain the lender’s response and discuss whether a broader home-loan review may be appropriate. Staying with the existing lender may still be suitable once switching costs, features and other considerations are assessed.
Not necessarily. A home loan should be assessed using more than its advertised interest rate. Fees, features, repayment flexibility, loan structure, eligibility requirements and longer-term costs may also influence suitability.
Yes. We can review eligible owner-occupied and investment-property loans. Investment lending can involve additional structuring, taxation and financial considerations, so advice from appropriately qualified professionals may also be required.

When Was Your Home Loan Rate Last Reviewed?

If your rate has not been checked recently, contact LnL Finance to request a review.

We will review the available information, contact your lender where appropriate and explain the outcome and potential next steps.

Request an Interest Rate Review

Call (08) 6558 1898

LnL Finance
96 Reid Promenade, Joondalup WA 6027
(08) 6558 1898
info@lnlfinance.com.au

Compliance

The outcome of an interest-rate or home-loan review depends on individual circumstances and lender requirements. A lender is not required to reduce an interest rate. Refinancing may involve fees and other costs, and a lower interest rate does not necessarily mean a loan is more suitable. Your full financial situation and requirements should be considered before proceeding with a lending product.