Refinancing & Debt Consolidation
Refinancing & Debt Consolidation
As time marches on, situations change. A shift in circumstances may mean it is time to revisit your home finances. Refinancing can knock thousands of dollars off your total mortgage cost and years off the home loan term.
There are a number of good reasons to refinance your current home loan.
- Perhaps your current interest rate is too high and you would like to take advantage of a more competitive product.
- You may want to access some of the equity in your home to consolidate debt, use for renovations, investments or holidays.
- You may not be happy with your current lender and the fees they charge or you might simply want to add or reduce features to your mortgage.
Whatever your circumstance may be, we can look at your current loan and provide you with alternatives – if it’s going to save you money then you have nothing to lose. It pays to talk to us and get a complete home loan health check.
It is very important to understand the following before you decide to change lenders a) What is the exact cost of refinance and what are the dollar and service benefits. b) Always check with current lender if they can offer anything better. As once, the application is lodged there would be a fee applicable if your current lender tries to retain you c) Make sure your loan is structured correctly and this is more importantly when you have more than one property.
Nine Ten Finance has access to hundreds of loans from all of Australia’s leading lenders. With so many options available we are sure to have the right home loan for you.
