Times change, circumstances change and so do home loans!
At Loan Market we ensure that we tailor a home loan to best suit your needs and circumstances.
However, things do change, life changes and your needs grow and change too! And that is why it’s always a good reason to review your home loan.
Refinancing your home loan could be for many reasons, including a better deal, additional funds, consolidating debts like car loans and credit cards or investment purposes and even a lower interest rate.
Consolidating your debts like credit cards and personal loans makes sense as your are generally paying a much higher interest rate than on your home loan, and by consolidating into your home loan can often result in lowering your monthly repayments letting you pay more off your home loan and paying it off much quicker. Not to mention savings thousands of dollars in interest.
It’s critical to make sure that you have the right loan for you! And we are here to help you with that. Your bank is limited in offering you what they have available not what is available out there with other lenders.
That’s where we have the upper hand, we deal with all the major and non major lenders and because we work with them every day, we know what’s on offer.