The motivation to refinance is different for everyone. You may be looking to fund another investment, your financial circumstances may have changed, or if you’re lucky, you may have found a more appropriate rate. Whatever the reason, there are a lot of factors to consider before you make a change.
Wanting a better interest rate, consolidating all debts into one and equity access are just some of the reasons why people choose to do so. Before going ahead with the decision, make sure you’ve done your homework and sought professional advice to see if it’s the right choice for you.
Once you’ve made the decision to refinance, it is imperative to thoroughly consider all the options available to you, to ensure that it is a worthwhile process to undergo. With the competitiveness of the market, there are constantly offers available that cater to all purposes of refinancing. Call Your Mortgage Coach to do a quick home loan health check. This is totally obligation free! We’ll review your current facility and offer suggestions that may assist in reducing your home loan interest cost.