Thinking of refinancing? A mortgage is typically your single, largest financial commitment and it makes perfect sense to complete a financial health check from time to time.
Reviewing your interest rate, equity in your home, or consolidating your other loans could save you thousands in interest repayments by accessing lower interest rates and creating financial flexibility.
There are many Australians who have taken out a home loan years ago and are missing out on better rates or products because they are not actively looking or aware of better alternatives. If you are actively looking, you may find other alternatives that compare favourably to your current loan. Refinancing may provide you with an opportunity to shorten your loan term and reduce repayments on your loan, so you can afford to make extra mortgage repayments and own your home sooner.
There are a number of reasons you may want to refinance your home loan:
- to easier manage your finances by consolidating debts such as a personal loan, car loan or credit card onto your mortgage
- for a better interest rate or new product features
- to unlock equity in your home to use for other purposes
- end of a fixed rate term period, which provides you with an opportunity to access better rates and products
Azora can help you with refinancing your home loan and achieving your financial goals.
Enquire now and get in touch with a loan specialist to start the process to creating flexibility in your finances.
A solution for every circumstance