Refinancing an existing mortgage
There are a number of reasons when changing your mortgage conditions makes sense. A change in interest rates is one reason.
By changing from a fixed rate to a variable rate, or vice-versa, or even combining rates in a split loan could save you money and put cash back in your pocket.
Another reason for refinancing your mortgage is to access any equity you’ve already built up in your home, again making cash available for other expenses, such as further home improvements or that dream holiday.
The most important thing to consider is if refinancing will place you in a better position than you would be if you stayed with your current loan. We can assist you in comparing your current and projected costs and any savings, and if you decide that refinancing is the right move for you, we will help you complete all the necessary paperwork.