Comparing your current home loan with other deals can be a smart move
There are many circumstances where homeowners revisit their mortgage looking for a better deal. Perhaps there’s been a change in your employment, a new addition to the family, or an unexpected expense. Or maybe you’ve recently seen a loan product which you think is more appropriate to your financial situation.
One of our home loan brokers can help determine if switching deals is right for you
Finding the right refinanced loan can definitely help you pay off your mortgage faster – often with lower, more flexible repayments while adding significant value to your home.
During refinancing, it’s important to consider factors such as:
- Can I add a redraw facility to a new home loan?
- Will there be fees or additional costs if I switch lenders?
- Can I consolidate my credit card and other household debts in the new loan?
At Professionals Finance, our brokers have helped many borrowers negotiate a better finance deal. We can determine the best way and the best time to exit a current home loan, ensuring your biggest asset and your own financial security are protected.