Refinancing your loan | Mortgage Broker Ivanhoe & Thornbury
Our Mortgage Choice team in Ivanhoe love helping people be proactive about their home loan through reviewing and refinancing. It's especially important in the midst of rising interest rates. It goes back to the core of our business: improving the financial lives of everyday Australians.
What is refinancing?
Refinancing refers to the process of paying out your current home loan by taking out a new loan, either with your existing lender or through a different lender. It can help you to:
- Take advantage of different features or a lower rate.
- Consolidat your debts - like personal loans or credit card debt - into one low rate loan.
- Have peace of mind that your home loan is the right one for you.
- Unlock equity for investment or renovating your existing property.
How can our Mortgage Broker Ivanhoe team help?
First step: We talk with you about what you're after and what would benefit you at this point in your home loan. Is it just a lower rate, or are you also looking to consolidate your loan or access equity? Our Mortgage Broker Ivanhoe team will review where you are now and where you would like to be and put together a strategy to get you there.
Second step: Our second step is to see if there is a better deal available to you than the one you have now. We do that by comparing your current loan to thousands of other available loans. We look for a lower interest rate, cashbacks or better features. We may even contact your current lender to see what their best offer is.
Third step: We'll chat you through the pros and cons, along with some of the lender costs that come with refinancing. If you would like to go ahead, our Mortgage Choice team in Ivanhoe will arrange everything on your behalf. If not, you will have peace of mind that your home loan is still right for you.
Are cashback incentives worth it when you refinance?
We're here to help
Get in touch with the Mortgage Choice team in Ivanhoe for refinancing advice on your current home, business or car loan. We can chat via phone, video or in-person.
Call the Mortgage Choice team in Ivanhoe on 0488 448 355 or request a call back on the button below.
Call: 0488 442 355 Request a call back
