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Refinancing your existing home loan is when you either take out a new loan with a new lender, or negotiate a better loan with your current financial institution. Securing a lower rate of interest will save you money & the total interest costs to your mortgage. 

Our Mortgage Experts can investigate the feasibility of refinancing your home loan if your situation has changed. For instance you may be having a new baby, wishing to buy an investment property, or simply feel that you are locked into interest rates above the current market rates.

Many of our clients choose to refinance in order to consolidate credit cards & personal loan debt. It is crucial to ensure that the benefits of refinancing are extensive to your situation. 

Money X Expert Mortgage Brokers are able to perform a completely free annual health check on your mortgage in order to ensure that you're not lumbered with an outdated, inefficient, & unnecessarily expensive home loan product. 

Options to consider may be based on your preference of a fixed/variable rate loan, or a mixture of both. Other common options include features such as an offset account, redraw facilities, making additional repayments, & the overall flexibility of the loan. 

Speak with Money X to discuss the different options available to you.