Refinancing your loan | Mortgage Broker Mackay

If you’re keen to secure a better interest rate or enjoy more loan features, refinancing your home loan can be the solution.

Refinancing is also an opportunity to get control of debt or tap into any home equity you’ve built up.

There are many reasons why homeowners choose to refinance their home loan including;

• Refinancing to secure a better interest rate

• Switch between variable/fixed rates

• Refinancing a home loan to access home equity and

• Refinancing a home loan to consolidate debt

By harnessing home equity you have the opportunity to build additional wealth or simply achieve personal goals. You can learn more about refinancing in our free e-guide! 

 

Refinancing a home loan to consolidate debt

Like many Australians you could have several debts – probably a home loan, a personal loan, and possibly even a credit card balance. Having multiple debts means juggling lots of different repayments.

This video outlines some of the benefits of refinancing to consolidate debt. 

 

Our free Home Loan Health Check

Our team at Mortgage Choice in Mackay offer a free Home Loan Health Check to anyone wanting to make sure that their loan is the right one for them.

To book an appointment, call our office on 07 4957 7786.