Refinancing
Are you getting the best home loan rate? Tired of being cut short by your current lender?
Consider refinancing. In a competitive property market, refinancing your home or investment property
could open up an entire world of new and exciting possibilities. With increased cash flow,
lower repayments, and consolidating debt, are just a few of the benefits associated with
refinancing your current loan. There has never been a better time to review your current loan.
Are you getting the best home loan rate? Tired of being cut short by your current lender? Consider refinancing. In a competitive property market, refinancing your home or investment property could open up an entire world of new and exciting possibilities. With increased cash flow, lower repayments, and consolidating debt, are just a few of the benefits associated with refinancing your current loan. There has never been a better time to review your current loan.
What is refinancing?
Refinancing involves the replacement of an existing
debt obligation, your loan, with another debt obligation,
another loan, which has differing terms and conditions. These terms and conditions can vary from lower interest rates and shorter or longer repayment periods.
Refinancing involves paying out your current loan and
taking on a different or new loan with a new lender. Refinancing is a great way to, reduce repayments,
improve cash flow, access of the equity in your property,
or secure a loan with better terms that are more suited
to your individual circumstances.
As refinancing involves the same loan process, including application and settlement, just as you went through
when you secured your original loan, using the services
of a mortgage broker who is experienced in refinancing
can save you considerable time, and in the end, money!
Why should I consider refinancing?
Our clients consider refinancing due to a variety of circumstances. Some are forced to refinance as a result of a property settlement associated with a marriage breakdown or dispute, whereas others want to explore other avenues with their funds, release equity,
buy a second property, property renovations, take a holiday,
or even perhaps buy a new car.
Whatever the need our dedicated and experienced mortgage brokers, can assist to find the right loan for your circumstances.
