It can be hard to know when it’s a good time to refinance your home loan. Many people refinance for an investment property, to renovate, or simply because they saw a good refinance offer. How do you know when you should refinance? If you’re looking to save money, consolidate debt, pay off your home loan faster, or use the equity in your home to take advantage of the market and invest, then refinancing might be a good option for you. There’s a lot of great benefits to refinancing;
- Get a better rate
- A more flexible loan
- Save money by reducing your repayment amounts
- Save interest and repay your loan sooner
- Move to a better lender.
Our local mobile lenders are here to help you with our refinancing offers and can visit you at a place and time that works for you.
Check out our 3 tips on refinancing your home loan.