Is it time to refinance? Experts at Mortgage Choice Bayside has the answer!!!
Have you been putting off that home loan renovation or purchasing an investment property because you’re a little short of funds? It might be time to think about refinancing.
Even if you’ve had your home loan for only a couple of years, it is possible that there could be a more suitable loan out there for you.
It’s a competitive market for lenders right now, and that means borrowers can tap into some great home loan deals. You might be able to secure a lower interest rate which can help lower your monthly repayments or help you pay off your loan sooner. Let me do a free Home Loan Health Check on your current home loan to see if I can find you a better deal.
While you’re thinking about your home loan, here are a few things to consider:
- Reduce your monthly repayments by extending your loan over a longer time period
- Unlock equity in your home to finance a renovation or free up capital to invest
- Consolidate your credit cards, personal loan or other debts to reduce your interest costs and overall monthly repayments
As your local home loan expert, we can help you consider your options so you can decide if refinancing is right for you.