Refinancing your mortgage may be easier than you think.
There’s no need to stick with what you’ve got, talk to Jump Finance and see how much you could save.
Let’s see if we can get you a better loan.
Most people refinance at some point. There are lots of reasons why it might be a good idea to update your loan package and Jump Finance can help you find a new loan that is more suitable for your current needs.
No matter why you’re looking at changing your loan, Jump Finance has access to a wide range of current products and the advice you need to make a wise choice. Here’s some of the most common reasons for refinancing.
Want to reduce your repayments?
Refinancing can sometimes reduce your repayments, particularly if you’ve had your loan for a while or your financial situation has improved (meaning you qualify for a lower rate). Alternatively, you could refinance to extend the lifespan of your loan and in turn reduce your monthly repayments.
Refinancing can help to improve the value of your home.
You can refinance your mortgage to access some of the equity in your home for renovations and extensions. You’ll be able to get the cash you need without getting an additional loan, improving your house and increasing its value.
Refinance to access your equity for other purposes.
If you’ve owned your home for a while, you may have an amount of equity built up. Lenders will let you refinance your mortgage to access some of this equity. You can use the cash for lots of purposes, from adding a pool and other renovations through to property investing Consolidate your debts to save on interest.
Credit cards, car loans and personal loans usually have much higher interest rates than your home loan. Refinancing and rolling all your other debts into your home loan could reduce the amount of interest you’re paying and help you save money.
Whatever your reason for wanting to refinance, Jump Finance has the experience and information you need to guide you through the process.