Refinance Loans

Refinance Loans

Over time your needs and priorities may change or your current finance arrangements may no longer be as competitive as they should be. As a general rule, we recommend that you review your loan structure every year, or whenever your financial circumstances change to ensure your loan facility changes to reflect your new circumstances.

The mortgage market is a dynamic industry which is continually providing updated products and features to benefit borrowers. This means that there may be something new that could be of benefit to you.

Refinancing involves changing the loan you currently have with a lender by either changing products with the same lender or moving your loan to another lender.

By refinancing your loan, you may be able to improve your financial situation in one or more of the following ways:

• Moving to a loan with a lower interest rate and/or lower ongoing fees
• Upgrading to a loan with more features & flexibility
• Moving to a lender that has superior customer service
• Re-structuring your loan to become more tax effective
• Consolidating your personal loans or credit cards to your home loan and paying a lower interest rate
• Freeing up excess security that has been held by your current financier

Are you on the Best Loan Deal? WeLend is available to assist in reviewing your existing loans to ensure that you are on the best loan deal.