Getting a Better Deal on Your Lending
Once you’ve successfully obtained a home loan, the repayment process tends to become automatic, as borrowers are confident in their ability to afford them.
However, by neglecting to refinance their loan, many borrowers could potentially be spending thousands of dollars more each year. This is because everyone’s circumstances change over time.
Currently, there are significant developments in interest rates and the home loan market. Considering a refinance may lead you to obtain a loan that is both more affordable and better suited to your needs.
Reasons You May Refinance:
Your Life Has Changed
If you’ve had your home loan for a few years, it’s likely that your life has changed during that time. You might have started a new job, received a promotion, or experienced significant life events like getting married or having a child.
You might also be nearing the end of a fixed-rate term or interest-only period. This is a good time to learn about your loan options.
Refinancing your loan allows you to make sure it suits your current needs and financial goals.
You Want to Pay Off Your Loan Faster
As your life improves and your financial situation gets better, you might consider increasing your payments towards your home loan to pay off the debt faster.
Additionally, you can optimise your home loan by using features like a redraw facility or an offset account. With an offset account, you can deposit your salary and reduce the amount of interest you owe on your mortgage each month. A redraw facility allows you to access any extra payments you’ve made on your loan.
Alternatively, if you no longer need all the features of your current home loan, you could switch to a simpler loan option that offers fewer features.
Secure A Brighter Financial Future
Why Working With Shelter Capital Is The Right Choice?
EXTENSIVE REFINANCING EXPERTISE
Shelter Capital specialises in refinancing, with a team of seasoned professionals who possess in-depth knowledge of the refinancing market. We understand the complexities of the process and stay up to date with the latest industry trends and regulations.
STREAMLINED REFINANCING PROCESS
Refinancing can often be a complex and time-consuming process, involving paperwork, financial assessments and communication with multiple parties. However, with Shelter Capital by your side, you can experience a streamlined refinancing journey.
ACCESS TO A VAST NETWORK OF LENDERS
One of the major advantages of partnering with Shelter Capital is our extensive network of lenders. As a refinancing company, we have established strong relationships with various financial institutions and lenders, giving them access to a wide range of loan products and competitive rates.
PERSONALISED SOLUTIONS AND FINANCIAL GUIDANCE
Shelter Capital understands that every homeowner’s refinancing needs are unique. We take the time to listen to your financial goals and assess your current mortgage situation to provide tailored solutions that meet your specific requirements.