If you are looking to refinance an existing home loan, you are probably looking to save money that can be used in better ways than just paying the bank.
Should you refinance your mortgage? Refinancing your home loan is typically simple process and usually takes about 4-6 weeks from application to settlement. Along with refinancing your loan, you may be considering consolidating some debts, getting cash out for renovations, preparing to purchase an investment propert or simply looking for a better deal. All of these can be done during the refinance process.
There are several things to consider when refinancing your home loan such as the costs involved, loan structure to reduce debt faster and any savings that you will make by refinancing your loan. Smik Home Loans will compare all of these for you and present a detailed analysis to make sure that a refinance is right for you.
If a refinance is the best option for you, the team at Smik Home Loans will then compare options from multiple lenders to look for a great home loan deal which will help achieve your goals. We will manage the entire process, including dealing with your existing lender to close your current loan. In fact, you won’t even need to contact your existing lender refinance your loan!