Refinancing
Refinancing
The process of paying out your current home loan by taking out a new loan, either with your existing lender or through a different lender. Refinancing with your current lender is commonly known as an internally refinancing
Why Refinance?
There are several reasons why you might think of refinancing including:
Switching to a different home loan package that suits your current needs better
Accessing equity
Moving to a new lender with a better rate