Refinance your mortgage with Positive Solutions Finance and stay on top of your home loan repayments
Your Mortgage Refinancing Experts in Adelaide
With mortgage arrears in Australia currently at an all-time high, it’s now more important than ever to make sure you’re staying on top of your home loan repayments. If you’re struggling, refinancing your mortgage may be an option to decrease your interest rate and fees.
Mortgage refinancing is the process of taking out a new mortgage to repay an existing one. There can be many reasons to refinance: a job change influencing your financial situation, a current lender’s loan rate that isn’t keeping pace with the competition or even to consolidate your debts. Even if there isn’t any specific reason you have in mind, it’s always worth weighing up the viability of refinancing your mortgage from time to time. If you’re looking to refinance your mortgage in Adelaide, Positive Solutions Finance can help.
Why Refinance Your Mortgage?
Refinancing can be a smart way for you to manage your money. It can give you the option to secure a better deal, consolidate your debts, or unlock equity in your current property, depending on the options you take. When refinancing your home loan, you generally want to increase, decrease or keep the loan amount the same.
How Does Refinancing Your Mortgage Work?
Examine the costs by checking in with your current lender. Depending on the terms and conditions of your current home loan, the costs involved will vary.
Compare home loan products to establish if you can find a better deal than your current home loan.
Apply for your new home loan. Once you’ve been approved, we’ll take care of the rest.
What Costs are Involved in Refinancing Your Mortgage in Adelaide?
Understanding the costs involved with refinancing is an important part of deciding if refinancing your mortgage is right for you. Sometimes the costs of refinancing can substantially increase your loan amount and if this is the case, it could possibly cancel out any savings you might make on a lower interest rate. All costs involved are dependent on your circumstances and current home loan terms and conditions.
Refinance Your Mortgage in Adelaide with Positive Solutions Finance
If you’re thinking about refinancing your home loan, it’s important to seek professional advice about your financial goals and the best way to go about achieving them. At Positive Solutions Finance, we have years of experience helping people refinance their home loans for many different reasons. Get in touch with our Adelaide team on 1800 40 3328. We are here to improve your financial position and help you get your finances back on track.