Refinancing your loan | Mortgage Broker Box Hill
Things change quickly in the finance industry and what was best for you when you first got your loan may not be the best now. The Mortgage Choice team in Box Hill & Blackburn can help you refinance if there's a better loan available.
Refinancing your home loan can be a fantastic way to not just lower your monthly repayments, but also access some pretty great loan inclusions and pay off your loan sooner. It can even help you access equity in your home, freeing up some cash to invest in a new investment property or renovate your existing one. Here are the most commmon reasons people refinance:
- Pay lower interest rates
- Take advantage of better features
- Get the best deal after a fixed rate ends
- Switch between fixed and variable rates
- Change your loan structure
- Consolidate your debt into your home loan
- Get access to equity to invest or renovate
- Take advantage of cashback offers
- Change lenders
How do you know if it's time to refinance?
Typically we would say that you should at least review your home loan every two years. That gives the market time to release new products and special interest rates, as well as giving you time to prove that you're good at repaying a home loan and build some equity.
We offer a FREE Home Loan Health Check to see if we can find you a better deal. The Mortgage Choice team in Box Hill will compare your current loan with the others on the market and find some other options available to you. We can let you know quite quickly if there is a better interest rate or features available to you.
Book your free Home Loan Health Check
Chat to the local Mortgage Broker Box Hill team to get the support you need (and deserve) for your home loan. We are passionate about seeing if you could save on your home loan. Book your FREE Home Loan Health Check with our team today!
Our team is bi-lingual and can help you with your home loan in both English and Mandarin. 我们的团队可以用普通话或英语为您提供帮助
Call 0434 900 628 or email mike.zou@mortgagechoice.com.au
The Mortgage Broker Box Hill team services Box Hill, Box Hill Central, Box Hill South, Houston, Wattle Park, Box Hill North, Kerrimuir, Mont Albert North, Blackburn, Blackburn North, Blackburn South, Forest Hill, Nunawading, Mitcham, Vermont & surrounds.
