Refinancing | Mortgage Broker in Bellbowrie, Moggill, and Anstead
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What is refinancing your home loan?
Refinancing your home loan is a complicated process that can bring great benefits if done correctly. Refinancing is done primarily to save money over the long term, as you can get lower interest rates if they are currently available. Refinancing can also allow you to consolidate your debt and allow you to access your equity.
However, if refinancing is done incorrectly or at a time when interest rates are potentially more expensive than your current rate, you can put yourself in a real pickle.
With Jon Martin, mortgage broker for Bellbowrie, you can rest assured that if you’re ready to refinance, you will be readily informed if the time is right and refinancing is suitable for you.
What are the benefits of refinancing your home loan?
As mentioned, there are a fair few reasons as to why people refinance their home loan, namely, saving money. The primary reasons for refinancing, other than saving money, are:
- Accessing equity
- Consolidating debts
- Switching to alternative loans that suit your needs better
- Switching lenders to suit your needs better
If you’re not sure if your loan could be better, then now is the time to have your home loans’ health checked. Book a time with Jon today and assess if you could potentially find a better loan for you.
If you would like to get some insight into whether your loan is in a healthy state, ring Jon today on 0431 307 113.
Jon is also able to assist with:
