Refinance Your Mortgage to Get Your Finances in Order
A home loan is one of the biggest financial commitments you can ever make. As life changes, so do our needs. So, it’s always wise to check on your home loan to ensure that it’s working well for you. Refinancing typically refers to repaying your existing home loan by applying for a new loan, either through an existing lender or through a new lender.
At Eight Finance, we make refinancing as easy and flexible as possible. With tip-ups with more than 30+ lenders, we will suggest a loan that suits you better and keeps your finances in order. So, if you require home loan refinance, we are here to meet your needs.
When Does Refinancing Become a Wise Step?
If you are looking for a name that can provide you with the best refinance home loan, you should turn to us since with the solution that we offer, you can:
- Save Money with Lower Interest Rate – If you are eager to secure a better interest rate or explore the various loan features, refinancing your home loan can be the answer. It also gives you an opportunity to control debt or access any home equity you might have built up over time.
- Reduce Monthly Repayments – Another likely reason homeowners choose to refinance a home loan is to lower the monthly repayments. However, refinancing may typically involve some costs, so it’s always important to weigh up the savings of refinancing against the costs involved.
- Access Home Equity – Your home is your treasured possession and by harnessing home equity, you can maximise wealth creation or achieve various personal goals.
- Debt Consolidation – You may have several debts, probably a home loan, a personal loan, or even a lumpsum credit card balance. So many debts can add to a lot of monthly repayments, so refinancing can be a way to streamline your debts. Through debt consolidation, you can lower the overall interest incurred on multiple repayments.
- Access to Better Loan Features – This may include flexible repayments to repay the loan sooner, low rate options, offset accounts, repayment holidays etc. Contact Eight Finance today for the best strategic financial advice.
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We assist customers all over Australia, from big cities to rural areas:
Speak to Our Finance Brokers Today!
Whether your fixed-rate tenure is expiring soon or you are simply looking for a better deal, refinancing gives you the opportunity to find a better loan. Speak to our expert finance brokers to learn when to refinance home loans, how to utilise equity and how to structure your refinanced loan to make the most of it.
