Refinancing your loan | Mortgage Broker Hobart
Your home loan isn't just about getting approved; the interest rate and features matter a lot in the long run. As the market changes, you want to make sure your loan is changing with it.
Refinancing refers to the process of paying out your current home loan with a new loan from the same lender or with a new lender. With interest rates at historic lows - but rumoured to increase soon - now is a great time to see if you could lock in a lower interest rate or better features. Refinancing can be an important part of your long-term financial strategy, and support you to achieve your goals.
Some of the benefits of refinancing include:
- Switching to a lower interest rate
- Securing better features that weren't available to you before
- Consolidating your debt
- Accessing equity for renovation or investment
- Switching lenders if you don't like your current one
- Releasing additional funds
- Bonus: making the most of current cashback offers
How we can help you refinance
The very first thing to consider is whether there is a better deal out there to refinance to. Our Free Home Loan Health Check will compare your current loan with hundreds of others available to see if there is a lower rate loan with better features for you.
If you decide to go ahead with the refinance, our Mortgage Broker Hobart team will complete the application for the new loan and discharge from your current lender. We will do all the research for a new deal, and all the legwork, so you can just enjoy the benefits of refinancing.
Contact our team today
The Mortgage Broker Hobart team can do the research & legwork on your next loan. Book a phone, zoom or in-person chat.
Call: 0414 948 452 Meet the Team
