Could You Get A Better Deal On Your Home Loan?
So you’ve gone through the home buying process, bought a house and are now making mortgage repayments each month.
Case closed right? Not necessarily!
Just because you’ve successfully financed a property purchase doesn’t mean you should forget all about it once you’ve signed on the dotted line.
For a whole host of different reasons, many Australians choose to alter the terms of their home loans after they have bought a property.
Some choose to refinance so that they can consolidate debt or borrow more money to renovate or invest.
For others however, the reason to revisit the terms of their home finance is to find a deal more suited to their present situation.
For instance you might be able to secure a more competitive interest rate for your loan which means you can pay it off sooner.
Alternatively, you could find a way to lower your mortgage repayments so that you have more money in hand for day to day expenses.
Talking to a mortgage expert can help you find ways to get a better deal out of your home loan.
To get more detailed information on your situation, talk to a Loan Market mortgage broker today.