Refinancing your Home Loan Mortgage

There are many reasons why a homeowner may want to refinance their home loan. Refinancing can provide many benefits by using the equity in your home for such things as consolidating debts, buying an investment property, undertaking home improvements, buying shares or simply looking at a cheaper home loan product.

The Wrong Loan could be Costly

When it comes to home loans it’s easy to get complacent, that is, until you realise you’re throwing away thousands of dollars! That’s why you should speak to us today. It’s quick, easy, obligation free and could save you thousands off your mortgage.

We’ll compare your home loan against the hundreds to make sure you have a great deal. Best of all, meeting up with a Home Finance Specialist to compare loans costs you nothing!

It's no wonder the majority of people who visit Konnect Financial Services end up finding a substantially better loan - one worth switching to!

Consolidating your Debts

You could save thousands in interest payments, fees and charges by consolidating your personal loans, credit cards or car loans with your home loan.

Consolidating your debts offers attractive benefits in terms of reduced interest rates and long term interest savings, the ability to make one regular repayment (rather than several) and the opportunity to get ahead and pay your debts off sooner than you had planned. Many lenders offer you the flexibility to consolidate your debts by splitting them with your loan account, so that you can manage them separately, whilst still reaping the benefits of the lower interest rate.

A Konnect Home Loan Finance Specialist can help you restructure your finances, outlining the best ways for you to achieve great savings and avoid the traps.

Tips for Refinancing

Here are some handy hints if you’re thinking about refinancing:

• You don't have to move home to move your loan

Why wait until you sell your home or buy another property to start saving? If you're not satisfied with your current loan, let us show how refinancing can help you start saving today.

• Considerable savings can be made by switching to a more appropriate loan

Savings made through lower interest rates and low (or no) monthly fees or additional charges on your loan's features can be significant. When such big savings are added to your repayments, they can cut years off your loan and save you thousands.

• Save even more by consolidating your finances

Consolidating your credit cards, personal loans and car loans with your home loan could save you thousands in interest payments, fees and charges.

• You don't need to shop around

At Konnect Financial Services, we'll do all the legwork for you. We are your one stop finance solutions shop. We offer a wide range of loans from the banks and other lenders. We'll help you compare your current loan to all the loans on our panel, helping you find the one that's just right for you saving you lots of time, and potentially thousands of dollars!

It is important decision when you decide to refinance as you may incur additional costs and you need to carefully consider the various options available and the financial implications. A Konnect Home Loan Finance Specialist can help guide you through the process to determine if it worthwhile changing loans.