As market conditions, personal circumstance and possibly even loan requirements change, the need to refinance may be worthwhile.
Why should you consider refinancing?
1) To take advantage of lower interest rates
2) To borrow additional funds
3) To consolidate your loans and debt
4) To look at loans with additional features and benefits.
What other factors influence the decision to refinance?
One of the key considerations when deciding to refinance is the terms and conditions of your current home loan contract. Refinancing can be expensive.
However, we can make enquiries on your behalf and identify these costs and look at other loan options to see if the benefits out way the costs.
Charges can include economic cost, deferred establishment fees or discharge fees.
Once the decision has been made we will guide you through the process of getting your existing loan discharged and your new loan established.