Is now the right time to refinance?
Refinancing your existing mortgage can be one of the most effective ways to access equity in your home for a variety of reasons. For example, did you know that you could use the money in your home to pay off other debts that carry higher interest rates than a mortgage does, like a credit card debt or a car loan?
Why pay interest of 18% on your bank’s credit card debt when you can add that debt to your mortgage and pay a much lower interest rate? Sometimes it just makes sense to refinance your mortgage to lower your interest payments. Call me today on 0402 203 303 and find out whether:
- you can consolidate your debts into a lower mortgage payment and pay fewer bills each month
- you can borrow that extra cash for renovations or other big plans
You can borrow up to 90% of your home’s value.
Start contributing to your bottom line today…not your bank’s!