Refinancing Your Loan
Stage 1: Why?
It is important you understand WHY you want to refinance. Being clear with your reason will be very helpful in achieving the outcome that you want.
There are many reasons you may wish to refinance and here are some of them:
- Lower interest rate
- Reduced fees.
- Better customer experience.
- Accessing equity from your property for a renovation, investments, or a new car.
- Lower repayments.
- Consolidate several loans.
- New features such as an offset account or redraw facility.
- Restructure of loan – e.g. from investment loan to home loan
- Streamline loan with one lender
Taking a moment to understand the reason you want to refinance will make it easier for you when you progress to the next stage of the
We’re here to help you
Dealing with banks can be a stressful experience but rest assured that our mortgage broker based in Glenelg (but our mortgage broker services the entire Adelaide Metropolitan area) can help you make the right decision about your mortgage. We will guide you at every stage of your loan process.
Contact us on 08 8376 0455 or drop into our office at 593 Anzac Highway, Glenelg SA 5045.
Stage 2: Understanding Your Current Financial Situation
Any advice contained in this article is of a general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regard to those matters. Information in this article is correct as of the date of publication and is subject to change.