Are you thinking about refinancing your loan? Chances are if you’re thinking about it, then your loan isn’t suitable for you anymore.

There are many reasons why you might be looking to refinance, for example, you might have got a high-interest rate initially and now there are more competitive rates on the market. Another reason could be that you want to move to a new lender to get new loan features.

Refinancing your loan can also reduce your monthly payment. If you stretch your loan on a longer term, you’re more likely to get a lower monthly payment, especially if you lock in a lower interest rate.

Here are a few more reasons to refinance:

  • You are looking to use the equity in your home to renovate
  • You are looking for new features and add-ons such as flexible repayments.
  • Your living situation has changed – change in relationship status, additional family members, or family members have recently moved out.

How we can help you
At ACT Home Loans our team have access to over 40 lenders including non-bank lenders allowing us to find you a more suitable loan product for your situation. Our team of experienced mortgage brokers will guide you through the entire loan process, making the whole experience stress free.

If you’re looking to refinance your current loan, contact us today on 0419 241 231 or fill out our enquiry form and a member of our team will be in touch.

WANT TO SPEAK TO A TEAM MEMBER?

Contact us today!