Why refinance your mortgage?
Many people start to think about refinancing when interest rates or their personal circumstances change. If you are refinancing for what looks like a better home loan, the most important thing to consider is the long-term benefits against the actual costs of refinancing. There are a number of lenders to choose from which are mainstream bank lenders and non-bank lenders, and they are all wanting your business so it does pay to use a mortgage broker. From time to time they also have special offers which can make a big difference what it would cost you to move lenders.
Considerations in securing your refinance home loan
Why do you want to refinance & what do you hope to achieve?
Look for any exit or deferred establishment fees when switching lenders.
What are the establishment fees on the new loan.
Are there any other direct or indirect costs to establish a new loan.
Find out the post-reversion repayments for fixed or honeymoon loans when refinancing.
Ensure sufficient equity is available in your property before refinancing for accessing equity.
We have financed several investment properties and I know he’s saved me a lot of stress, time and money. If you are looking for a great mortgage broker who listens and does what he says, Brads your man
Phil Cramner
Brad has been out mortgage ‘go to’ guy for 10 years now and over that time he’s proven himself to be a super knowledgeable and attentive
David and Fiona Burrows
Thank you so much for all your help and guidance, working with you was a fun and professional experience, and we refer all our friends to BRM for mortgage advice.
James and Donna Wadlow
Ready to secure the best mortgage?
Let our expert team at BRM Financial guide you through every step. Contact us today to find the perfect mortgage solution tailored to your needs!
