With the rapid rise in price for Melbourne homes over the past 5-7 years, more and more Melburnians have gained a lot of equity in their home and are just now starting to realise that refinancing their mortgage to access this equity makes sense.
If you suddenly have 100-200K equity in your home you can now afford to buy that investment property, go on that overdue holiday or do major renovations at home.
Refinancing your home loan can be a tricky and tangled web nowadays with the myriad of home loan products available. That’s why it just makes sense to use a finance broker from Frankston.
Frankston Finance Broker
The MFAA, or Mortgage & Finance Association of Australia, states that over half the home loans written in Australia are performed by a finance broker.
The reason why homeowners are using a finance broker is because they have access to upwards of 30 money lenders with which to choose a loan. Banks, Credit Unions and other money lenders all have different loan products at different rates over different time frames.
A finance broker will sort through them all and select the right finance loan for you at the best refinance rates for you and your circumstances.
Award Winning Frankston Finance Broker (1)
Business Name: Future Finance Group
Address: 10/385 McClelland Dr, Langwarrin.
Phone Number: (03) 8657 8664
In Short : “Refinancing is an important decision and while it may look like you can get a cheaper interest rate there could be extra fees and restrictions which could end up costing you more over the life of the loan. Refinancing is an area where Future Finance Group can offer expert mortgage advice and assistance to help you determine if it is most financially feasible decision for you.”
Website: Future Finance Group
Email: info@futurefinancegroup.com.au
About Us: “You may be able to refinance and find a loan that’s more appropriate for your needs, with more suitable features and a competitive interest rate to match. There are now more alternatives to mainstream bank products available that may better suit your needs and personal situation”
Category: Finance Broker – Home Loan
Tags: refinance house – refinance mortgage – refinance loan
Source: Frankston Business Awards | Published on 07-04-2018 | Updated 25-4-2019 | PDF Version
