Refinancing is a process of obtaining new mortgage loan to repay an existing loan. It is a smart way of managing money by replacing existing Loan with other Loan to get the better interest rate or to cash out for a needy purpose by using equity on the existing property.
Refinancing an existing loan can be one of the most important financial decision in achieving financial goal. Finconnex will provide the best information you need based on your situation and offer you a best solution with best options available.
Things to remember while refinancing your existing property in Australia
Personal identification
Income details
If self-employed
You may also need
If you already have investment property(ies):
Yes. If you want to pay off the loan early and you have the sufficient fund available with you, loan can be paid off early.
Yes. Refinancing option is available if you want to replace existing loan with other Loan to get the better interest rate or to cash out for a required purpose by using equity on the existing property.
Whenever you are in need of financial support, you can contact your mortgage broker to discuss the available options.
We have our head office located in Edmonson Park in Sydney. However, we help clients who need financial assistance anywhere in Australia.
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