Refinancing | Mortgage Choice in Kingsley
Did you know that you should review your home loan every two years? It's important to get your local Mortgage Choice home loan expert Tim Kerin to assess whether your current home loan is still the most suitable option for you.
Refinancing refers to 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.
At Mortgage Choice in Kingsley, our free Home Loan Health Check compares hundreds of options with your current loan to see if you could save. Plus, you could be eligible for a cashback if you refinance with selected lenders and meet their eligibility criteria.
Potential reasons to refinance
Get peace of mind
Fixing part - or all - of your loan, or securing a better rate to reduce your monthly repayments can help with peace of mind.
Consolidating other debts
Consolidating other debt, like credit cards or personal loans, could help you to reduce your interest rate on these loans.
Take advantage of different features
You may wish to switch to a loan with more suitable features such as a redraw facility or offset account.
Unlocking equity
Refinancing can help you unlock the equity in your home to finance a renovation or free up some capital for property investment.
Smoother experience as they have all your information.
Better understanding of your financials to provide tailored advice. 
Faster response compared to being matched with a new broker.
