Refinance Home Loan Or Refinance Investment Loan
There are lots of reasons why we don’t find the time to Refinance a Home Loan or Refinance an Investment Loan. Day to day time pressures of work, kids, sport and family generally leaves us little time to follow the financial markets which are constantly influencing interest rates and the deals offered by lenders. What must be considered that often a .05% change in interest rates can have a significant reduction on the term of your Home Loan.
Refinancing A Home Loan or Refinancing an Investment Loans is possible due to the ongoing changes in rates by lenders in the marked. There are many reasons why lenders will change your rate of interest including changes by the Reserve Bank, availability of money in the market and the lenders desire for profit.
The entry of new banks into the industry has also increased competition resulting in more viability in the market, more competitive rates and consumers are taking advantage of this by Refinancing Their Home Loans.
Refinancing results in saving on the amount of interest you pay to the bank. Once you refinance, you can either bank the savings in repayments or you can continue to pay the same amount which means you will pay the loan quicker and pay much less in interest.
Depending on your financial position, refinancing and existing loan may create an opportunity for further investment or a second property.
Find Out How Much You Can Save On Your Existing Mortgage
No Strings Attached and It’s FREE
YOU’RE IN GOOD HANDS – We take the stress out of Refinancing a Home Loan or Refinancing An Investment Loan.
Another reason for Refinancing Your Home Loan or Refinancing an Investment Loan is to take advantage of a fantastic fixed interest rate which can provide some stability and predictability in your monthly repayments. This strategy can establish predictability in your repayments and may provide opportunities to fund another investment.
Brisbane Home Loan Finance Specialists are your eyes and ears in the market on a daily basis ensuring that they monitor your loan and immediately let you know when there is an opportunity to save money. You decide if you want to take advantage of the saving and Refinance. If you chose to Refinance, we will ensure the transition is stress free.
Brisbane Home Loans Finance Specialists have access to more than 40 financial institutions daily. Our Mission is to help our clients create long-term financial success and we specialise in loan refinancing to achieve this.
Our Finance Specialists will assess your situation and provide you a report identifying any opportunities available to you and the associated savings. This is a Free Service that we provide to our client.
FREE LOAN HEALTH CHECK – Our loan health check compares your current interest rate and fees against what we can obtain for you if you refinance.
How We Assist Our Clients
- Initial Meeting to Gather Information
- We conduct a Market Assessment
- We identify products that suit your needs
- We produce a benefit analysis (Loan Health Check Report)
- Second meeting to present the Health Check Report for your approval
- We gather all necessary documents and lodge application
- We finalise your new loan
We Can Asess Your Existing Loan and Report Back How Much You Can Save in Less Than 48 Hours.
Frequently Asked Questions
Refinancing means to replace the current existing loan on your property with one from either the same lender or a different lender.
Currently interest rates are at historical lows, so securing those rates in can be beneficial. Having products with facilities such as offset accounts or redraw facilities can also help to have you Home Loan working for you, as opposed to against you
Depending on each individual circumstance, there are fees attached, however, the fees are always disclosed to you during the initial interview.
Before lodging the application we discuss with you the savings and improvement in terms versus any fees.
When considering refinancing, consulting our specialists can open up a range of options to you that you may not have thought about. Things such as drawing down on equity in your property to pay for any needed renovations, or to finally get away on that family holiday.