Over the years, your financial situation changes and new products become available. By examining your finances and the options available to you every few years, you may be able to reduce your home loan, secure a lower interest rate by refinancing your mortgage and potentially save you money.
Some of the times you may consider refinancing include:
- When a major financial change happens (such as a salary increase or loss of job)
- You are considering consolidating credit card debts
- The current rates from your lender are not competitive
- You need additional money to reinvest in repairs, another property, or because of a change in your personal circumstances
By looking at your current financial situation we will work with you to help you determine if refinancing is right for you and what type of savings you may be able to generate.