Should you refinance your home loan?
Has your interest rate on your home loan been increasing? It might be time to think about refinancing your home loan.
The good news is the process for refinancing a mortgage isn’t as complicated as you might think, and it's important that you review your interest rate every 2 years to ensure it's still competitive within the market.
Some of the main benefits of refinancing your home loan include:
- Obtain a new loan with a lower rate or more appropriate features
- Save on interest repayments
- Consolidate your debts
- Increase your loan amount or access equity for other personal and financial goals.
If you have been thinking about this lately, reach out to our Mortgage Broker, Naree Ellis, to discuss your personal situation.
Our biggest piece of advice when it comes to finding a home loan is to shop around, and the best part is that we'll do the shopping around for you.
Access to a wide panel of lenders
As your mortgage broker in Chermside and the surrounding area, Naree will compare your current home loan against hundreds of others to see if we can get you a better deal. Naree has access to a wide selection of lenders, including the big banks and a range of specialist lenders too.
If you would like to find out more, then lock in a time with Naree Ellis this week to discuss your situation.
Your guide to refinancing
Our free guide to refinancing is packed full of information about the process, the costs vs savings, how to compare interest rates and so much more! Check out our free resources below.
If you would like Naree to review your home loan, get in touch this week - 0426 962 952.
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