Life rarely stays still, and your financial needs are likely to change over time, from career milestones to growing a family or tackling new investment goals. Because of this, the home loan that worked perfectly for you a few years ago might not be the right fit today.
At SafeHaven Finance, we're here to help you take a fresh look at your current home loan. We'll explore a range of options available on the market that could better align with your current financial situation, lifestyle, and future ambitions. Think of it as a financial check-up for your largest asset.
What Does Refinancing Mean for You?
Refinancing simply means replacing your current home loan with a new one. People choose to refinance for a variety of compelling reasons. When you work with us, we help assess which potential benefit is most important to you:
- Adjusting Repayments or Interest Costs: By exploring different products, you may find an opportunity to potentially reduce your monthly repayments or overall interest costs.
- Utilising Your Home’s Equity: You could access the equity you’ve built in your home to fund major projects, such as home renovations, a deposit on an investment property, or other worthwhile endeavours.
- Simplifying Debt: Consolidating higher-interest personal loans or credit card debts into your home loan can potentially streamline your monthly budget into one manageable repayment.
- Seeking Different Rate Structures: Your preference for risk may change, or the market may shift. We can investigate options to move between variable interest rates and fixed rates to provide the structure and predictability you need.
- Creating Flexibility: You may want to restructure your loan to include features like an offset account, the ability to make extra repayments without penalty, or a redraw facility.
How SafeHaven Finance Can Help You Navigate Your Options
Making a move with your mortgage requires careful consideration. That's where we step in. Our process is cantered on understanding your individual circumstances and presenting choices from our wide panel of lenders.
We’ll help clarify all the moving parts, including any potential exit fees from your current loan, application costs for a new loan, stamp duty, and new ongoing fees. Our goal is to ensure you have a clear, balanced view of the advantages, any associated costs, and the overall impact before you commit to a new path.
Ready to start your financial journey?
From your first home to your next business venture, I'm here to help you.