Refinancing Your Mortgage
Refinancing is the way to go if you want to use your home equity for things like home improvements, vacations, buying things for the house, and investments. If it's possible, refinancing can also help you put all of your debts on one home.
Low rates and cashback offers are on.
Reasons to Refinance
Fixing part or all of your loan or getting a better interest rate to lower your monthly payments can help you feel better.
You might be able to get a lower interest rate on loans like credit cards or personal loans if you combine them with other debts.
You might want to switch to a better loan, like one with a redraw facility or an offset account.
Refinancing can help you use the equity in your home to pay for home improvements or free up money to invest in real estate.
Is refinancing worth it?
Refinancing is the process of paying off your current home loan by taking out a new loan, either from your current lender or from a different lender.
Here in Mantra Mortgage experts will help you understand how refinancing works and how it can save you money on your home loan.
Look over your home loan to make sure you’re getting the best deal possible right now.
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