Refinancing

The recent record high inflation rates and rapid interest rate increases have significantly increased the cost of living for Australians and negatively impacted household budgets.

If you have a mortgage, you will have either already been affected by the recent interest rate rises or you will be affected soon once your fixed rate expires. Being proactive with regular refinance reviews could provide you a much-needed opportunity to save money.

Refinancing is the process of replacing an existing loan with a new one with either better terms, lower interest rates or a combination of both. It can help reduce monthly payments, change the loan term, consolidate debt currently at higher rates and/or release equity.

We have a lender panel of over 30 banks and financers allowing us to not just find you the most competitive loan but the one that is most suited to your current goals and objectives.

If you’re interested in refinancing an existing loan, contact us today to schedule a free consultation and learn how we can assist you with your refinancing needs.

 

We were due to change from a fixed interest rate to a significantly higher variable rate and the team at at Verified Finance managed to refinance us to a lower rate prior to our fixed rate expiring!

– Yully and Ben

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