Refinancing
The mortgage market changes regularly in line with economic indicators and interest rate expectations.
At Balcombe, we work in the mortgage market constantly and are aware of the most current pricing, terms and conditions. What was at one time optimal may no longer be the best option in current market conditions. Home loan repayments are generally the biggest monthly financial burden and Balcombe will look for any opportunity to lower interest rates and reduce costs for our clients.
Refinancing an existing home loan may be used to:
- Reduce interest rates
- Reduce monthly repayments
- Repay other loans
- Access home equity for renovations and other purchases
- Move to a more appropriate Lender