There is a common misconception that refinancing your loan can be an extremely arduous task, however with proper planning and the right guidance, it can be very straightforward.

How do you know if refinancing is right for you?

A lot can change in a couple of years. For instance, you may have landed a new job, received some inheritance, got a promotion, had a baby, got married or even won the lottery. If that’s the case, then it is certainly worth considering refinance.

Why refinance?

There are a number of reasons why refinancing your loan could be a good move, but let’s look at the top 3:

  • Pay off your mortgage sooner.
  • Unlock the equity in your home.
  • Consolidate your debt.

If you would like to discover whether you can get a better deal on your home loan, then please contact us today. The SmartFinance team will choose from over 30 lenders to find the right deal for your situation.

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