If you’ve noticed your redraw amount shrinking or disappearing altogether, you’re not alone. Many Australian borrowers with a redraw facility experience this and wonder, “Why is my redraw amount reducing?” This article explores the main reasons behind changes to redraw…
Paying off your home loan is a major milestone, but many borrowers with a redraw facility find themselves asking, “What happens to my redraw funds once the loan is fully paid off?” The answer often depends on your lender, loan…
Redraw facilities are a handy tool for many homeowners managing their home loans, but not everyone knows exactly how to use them. A common question we normally get is whether you can use the funds in your redraw account to…
When it comes to managing your home loan in Australia, having flexibility can be a game-changer. A mortgage redraw facility is one tool that might be available to you, but many people aren’t quite sure how it works or whether…
When you’re ready to take the plunge into the world of homeownership, finding the right mortgage broker is crucial. With so many options and different financial products available, having the right advice can make all the difference in securing the…
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