Review your Current Home Loan and Compare Rates
When it comes to refinancing, there are several reasons why you may have decided to make the switch. Perhaps your circumstances have changed or your current home loan is no longer delivering the right benefits to suit your lifestyle.
To make sure your new home loan is the right fit, ask yourself why you’re refinancing – are you looking for better rates, lower fees or something else entirely? Identifying the key benefits will ensure you put yourself in the best financial position and choose a home loan to suit your specific needs.
Once you know why you’re refinancing, it is time to check your borrowing power.