When was the last time you have had
a look at your mortgage? Are you happy with the loan features that it offers?
Could you perhaps be paying less than you are today?
If you are not sure if Mortgage Refinance is something that should be on your radar, the first thing to do is compare the fees, costs and features of your mortgage with the multitude of home loan products available.
Every few weeks a
new home loan product is introduced into the Australian mortgage market.
Experts claim that by regularly comparing your home loan to the best deals in the home loan market, you will be able to save thousands of dollars and years off your mortgage.
There is however some work involved including :
identifying your financial goals – is now a good time to refinance?
taking the time to compare available options.
putting together the required financial documentation to support your application.
So why would you bother to refinance?