Your Mortgage Refinance Experts in Melbourne
Refinancing your mortgage is an effective way of bringing your interest rate down and paying your loan faster and it’s as simple as getting one in the first place. We can help you with the best lending rates and structures available for you and compare it with your existing loan. And what’s more? If your credit report has improved since your first loan, you have a better chance of getting a good deal.
Why Refinance?
Better Interest Rate and Lower Monthly Repayment
If market rates have dropped since your first home loan or if your credit report has improved, Loan Emporium can help you save money on your interest by getting you a lower rate and lower monthly repayments.
Cash Out
You may be able to cash out a portion if you have significant equity in your home. Loan Emporium helps you in this process so you can use the cash to finance a bigger purchase or pay bills.
Find out how much you can borrow
Quick Assessment
Change Your Rate Type
They say that an interest rate even 0.5% lower could help you save thousands over a period of time. Loan Emporium can help you choose the interest rate which suits you. Moving from a variable interest rate to a fixed-interest rate can help you avoid market fluctuations.
Change Your Loan Term
Shortening your loan term from 30 years to 15 or 20 years can help you qualify for a lower rate of interest. Loan Emporium can help you save money over the tenure of your loan. Alternatively, we help you increase the duration of your loan to reduce monthly payments.
Consolidating Your Debt
If you have other types of loans such as car loan, Loan emporium can help you in refinancing to consolidate all your debs into one. This can attract lower rates that will reduce your monthly payments. This is because home loans have significantly lower interests than other types of loans.
Make an appointment today with our refinance specialist in Melbourne and get a Free financial health check.
