Refinancing and Debt Consolidation

If you have had your current home loan for more than 3 years the chances are that you could be getting a better deal on your home loan.  It is always good to call for an obligation home loan check up to see if your current arrangement is still meeting all your needs.  I can check your interest rate, fees and charges to see if they are still competitive with today’s market.

There are many advantages to getting a better interest rate – it will reduce the size of your mortgage and monthly repayments, or give you the opportunity to keep up your current repayments and start paying more off your principal.  You can use refinancing your loan to consolidate debt such as credit cards, car loans or tax debt into one monthly repayment. 

You can achieve a competitive interest rate by refinancing to a major lender after past credit issues forced you into accepting a higher interest rate previously.  You may access equity in your existing property to renovate that property, to build something or to buy an investment property.  It all comes down to what you are trying to achieve…