At Super Loan Mart, we understand that refinancing your loan can be a strategic financial move to improve your financial situation. Our dedicated team is here to provide personalised solutions and guide you through the refinancing process with care and attention to detail.
When it comes to refinancing, we recognize that each individual’s circumstances and goals are unique. Whether you’re looking to lower your interest rate, shorten your loan term, or access equity in your property, we offer a range of refinancing options tailored to your specific needs.
Our team at Super Loan Mart takes the time to understand your current loan and financial objectives. We will work closely with you to explore different refinancing options, explain the terms and conditions, and help you make informed decisions based on your financial goals.
We believe in transparent communication and providing exceptional service throughout the refinancing process. Our goal is to empower you with the knowledge and support you need to confidently pursue your financial objectives.
Join us at Super Loan Mart and let us assist you in finding the right refinancing solution for your needs. We are committed to providing a seamless experience and helping you improve your financial situation through refinancing.
If you’ve had a home loan for a few years now, it’s safe to assume your life has changed in that time. You may have started a new job, received a promotion, or gone through significant life changes such as getting married or had your first (or more!) child.
Equally, you might be near the end of a fixed rate term or interest only period so now is a great time to find out what your options are.
Refinancing will allow you to ensure your home loan is still in line with your needs and goals.
As your needs and financial situation change over the years, you might be able to contribute more towards your home loan and get out of debt sooner.
You may also be able to structure your loan and get more out of it by accessing features such as a redraw facility or an offset account. By paying your salary into an offset account, you reduce the interest you pay on your mortgage each month. A redraw facility allows you to access any additional repayments you’ve made on your loan.
Alternatively, you could also switch to a simpler home loan with less features if you no longer require your current features.
If you purchased in an area that has experienced home value growth while you’ve been paying down your mortgage, you could have a substantial amount of equity in your home.
Equity is calculated by subtracting the remainder of your mortgage from the market value of your home, usually done through a home evaluation.
You could also draw down on your equity to help fund a renovation or upgrade your home. And, if you want to, you could use your equity to help purchase an investment property.
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