NSW Mortgage Corp Blog

Tag: Refinancing

Top Mortgage Refinance Mistakes to Avoid
Financial Tips

Top Mortgage Refinance Mistakes to Avoid

Mortgage refinance is a strategy, and must not be taken lightly. Why do you want to refinance your home? It is important to list all your reasons before you take the plunge. If you want to lower your payment, then think about ways on how you can lower it.

The Practical Benefits of Refinancing for Parents
Financial Tips

The Practical Benefits of Refinancing for Parents

Financial problems combined with the constant demands of caring for your young children can test your limits. The financial challenges of starting a family can also take a toll on your health.

Downside of Refinancing: What Lenders Don’t Tell You
Financial Tips

Downside of Refinancing: What Lenders Don’t Tell You

Refinancing can help you consolidate your debts, save on interests, invest into something that would bring good profits and pay for anything that you need. That’s exactly what every borrower struggling with multiple debts and bad credit look for, right? Well, perhaps it is but without a plan, that alone won’t save your finances from going downhill.

Refinancing: When Should You Do It?
Mortgage

Refinancing: When Should You Do It?

When you choose to refinance, you will take a new loan, and you will use it to pay the existing one. Sometimes, you will have a new lender, but you can also do this with the one you are using already.

Save Money by Refinancing Your Personal Loans
Loans

Save Money by Refinancing Your Personal Loans

Refinancing a personal loan works pretty much by the same principle of a home loan refinancing. You take out a loan that covers the sum you still have to pay for your loan and use this second one to pay it off.

Debt Consolidation or Refinancing
Debt Consolidation

What Is Better: Debt Consolidation or Refinancing?

Since every person has a different financial problem, it would be better to look into debt consolidation vs. refinancing and evaluate the impact that each can have on your financial situation.

When Is The Right Time To Refinance?
Loans

When Is The Right Time To Refinance?

When you refinance a loan, you usually have to extend the loan period. While the mortgage interest rates of the new loan are lower; it means that you are also putting your home’s value at some else’s hand.

What Refinance Borrowers Should Know
Financial Tips

What Refinance Borrowers Should Know About Saving Money

If you’re interested in refinancing your loan, contact NSW Mortgage Corp and our in-house mortgage specialists will walk you though the process. We offer fast approval, high-appraisal and low-interest refinance loan. Make an enquiry today!

Pros and Cons of a Second Mortgage
Mortgage

Pros and Cons of a Second Mortgage

Second mortgages, just like any other secured loan comes with potential risk. That’s why it is important to enquire about the loan terms before getting them. Ask as much as you can about the loan, especially with regards to interests that may accumulate over time.

downside of refinancing
Mortgage

Downside of Refinancing

Does refinancing work and is there a downside of refinancing? Will it resolve the financial issues you’re having?  The truth is this, refinancing without good financial planning cannot make a lasting change in your financial situation—it is only a temporary solution.