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Mortgage Refinance

Whatever the reason, if the timing is right for you, refinancing your mortgage can be a very beneficial exercise that could ultimately save you thousands of dollars. Mortgage Refinance can give you the home loan features you need to get ahead financially.

Home and Mortgage Refinance Loans

Finding and buying a home is a huge and exciting venture. If you’re ready to take the plunge, or are currently paying off your mortgage, then our team NSW Mortgage Cup is here to help! We want to make the experience as easy as possible for you, offering access to the best mortgage solutions. With our free consultation, you will receive no obligation advice from our team of experts. No matter your credit situation, we want to give you the ability to buy that dream home and get ahead. If you are looking for the best mortgage refinance options for your circumstances, then get in contact today.

For over 30 years, NSW Mortgage Corp has been tailoring financial solutions to deliver the best results for our customers. Since then we’ve become one of the most respected and trusted financial services companies in Australia.

Our customers know that we will go above and beyond to ensure we deliver the most competitive and suitable loan product available. This is reflected in our excellent Trustpilot reviews.

A loan term of 30 years is a long time, and during this time new loan products come onto the market, with interest rates changing up or down – and refinancing can get you a better deal.

The most competitive loan products in Australia

Refinancing your mortgage can allow you to:

Have You Had a Home Loan Health Check?

Has your mortgage had a ‘Home Loan Health Check’ in the past 12 months? If you answered “no”, then it’s time to take advantage of NSW Mortgage Corp’s complimentary, no obligation Home Loan Health Check offer.  

We might just save you thousands of dollars when you refinance with Australia’s most competitive interest rates and the best refinancing options.

With so many changes to Australia’s home loan market each year it’s your responsibility to keep up with the changes. 

There are plenty of new home loan products entering the market each year and many that may be more suitable for your budget, potentially saving you a huge amount of cash.

However, doing the research and reading all the fine print can be a time-consuming and cumbersome exercise – that’s what our client’s tell us anyway.  We’ve simplified the process with the NSW Mortgage Corp complimentary Home Loan Health. 

Refinance to Get the Most Out of Your Home Loan

With so many new types of home loan products and refinancing options on the market, we strive to ensure you’re getting the most out of your home loan. Our goal is to help you save as much money as possible.  We’ll take a close look at the value of your property, the amount of equity you’ve built up, what your new goals are and how your circumstances have changed since you last took out a home loan. Let our experience work for you. Ask us about your refinancing options today.

mortgage and refinance

Mortgage refinance frequently asked questions

If you have been paying off a mortgage for a number of years now, then this is a term you have likely come across along the way. Whether a bank has been in contact with you sharing their amazing deal, or perhaps Bill next door raves about how much he has saved with mortgage refinance. But what exactly is it, and how do you know if it’s the right option for you?

Put simply, refinancing your mortgage is the act of replacing your existing mortgage with a new one under different terms. It is carried out to help you obtain a better interest term and rate. The first home loan you took out is paid off, and in turns this create a second loan. The process allows you as the borrow to redo your loan in order to get a lower monthly payment, different term length or a more convenient payment structure.

Most people choose to refinance when they have equity in their home. It’s a great way to fix in a lower interest rate, but it doesn’t come without its risks. You need to have the right knowledge under your belt or it could actually result in a higher interest rate and hurt you financially. At NSW Mortgage Corp, we tailor our solutions to your personal situation to help you get a flexible and competitive rate when you refinance.

If you have been paying off a mortgage for a number of years now, then this is a term you have likely come across along the way. Whether a bank has been in contact with you sharing their amazing deal, or perhaps Bill next door raves about how much he has saved with mortgage refinance. But what exactly is it, and how do you know if it’s the right option for you?

Put simply, refinancing your mortgage is the act of replacing your existing mortgage with a new one under different terms. It is carried out to help you obtain a better interest term and rate. The first home loan you took out is paid off, and in turns this create a second loan. The process allows you as the borrow to redo your loan in order to get a lower monthly payment, different term length or a more convenient payment structure.

Most people choose to refinance when they have equity in their home. It’s a great way to fix in a lower interest rate, but it doesn’t come without its risks. You need to have the right knowledge under your belt or it could actually result in a higher interest rate and hurt you financially. At NSW Mortgage Corp, we tailor our solutions to your personal situation to help you get a flexible and competitive rate when you refinance.

Are you wondering is mortgage refinance is the right option for you? One of the main advantages that comes with a mortgage refinance is being able to lower your interest rate. Let’s face it, you’ve worked hard over the years, making your loan repayments on time and building your credit history. It stands to reason that as you grow financially, so should the terms of your loan agreement. These terms are based on the position you were in when you first bought the home, and this can change over time.

A mortgage refinance can help you in three key areas:

  • Lower interest rate: you can often obtain a lower interest rate based off your borrowing history.
  • Different term length: if you are wanting longer to pay off the loan, then refinancing is a way to achieve this and lower your monthly repayments.
  • More convenient payment structure: if you are wanting to change the structure of your loan, this is the way to go about it. You can make it more convenient for your lifestyle and needs.

There are plenty of benefits that come with mortgage refinance, these include:

  • Consolidating debt: by refinancing your home loan, you can also pay off all your other loans and bring them into the one new home loan. This has the benefit of making your debts much more manageable, while also securing a lower interest rate when it comes to paying them back.
  • Better interest rate: this is one of the main reasons many people undergo mortgage refinance. You have the option to lock in a lower interest rate and make lower monthly repayments as a result.
  • Switch from variable to fixed interest rates: another benefit that comes with refinancing your loan is switching from a variable interest rate to a lower fixed interest rate.
  • Release equity: many people wait until they have built up equity in their home before refinancing. Refinancing them allows you to release that equity, which can be use to cover expenses such as renovating your home, paying for a wedding, or purchasing a vehicle.

A lot of research goes into finding the best refinance mortgage rates. It’s something you want to get right to ensure you are getting the best mortgage refinance possible for your circumstances. Here at NSW Mortgage Corp, we understand that life is busy, and not everyone has the time to spend hours on the internet looking at mortgage rates. You have better things to do! So we do all the hard work for you. With our Home Loan Health Check, we do all the research and read the frine print when it comes to finding the best home loan for your needs.

We also have handy online calculators to see how quickly you can pay your loan off under new terms, how much you save on interest, and to compare different loans before you make the decision and sign. We make the process as easy and beneficial as possible.

If there is one thing we understand at NSW Mortgage Corp, it’s that nobody is perfect. Not only this, but there are some things in life that we don’t have any control over, such as losing your job, getting a divorce, illness or an accident. These unforeseen circumstances can leave you in a place of debt as you scramble to cover the costs and make ends meet. This then reflects poorly on your credit file, leaving you with a low score and unable to obtain a loan easily.

At NSW Mortgage Corp, we know that bad credit doesn’t mean you are a bad borrower. If you’re looking into a mortgage refinance and wondering whether it’s right for you and your circumstances, then it is worth giving us a call today on 1300 137 778. There are other options available to you, including taking out a bad credit loan. We can find the right loans for you that look beyond your circumstances and take other factors into account when it comes to your borrowing history.

Are you ready for a mortgage refinance and wondering where to start? Our team at NSW Mortgage Corp is here to help. We have spent the past 30 years tailoring financial solutions for our clients and delivering the best results possible. The first place to start is by understanding your current situation. Take a look at your current loan and where you are financially. Have a good idea of how you have grown since you first set up the loan.

Next, take advantage of our free Home Loan Health Checks. This no obligation offer could end up saving your thousands of dollars and will show you the best options available to you. We will then talk you through all your mortgage refinance options to determine which one is best for you. Once you are happy, we guide you down the path of applying for a new home loan, where we can save you money and get you the best offer possible.

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Refinance Simplified On Our Blog