Refinancing loans
- Loan Refinancing
Improved Rates
& Terms Negotiation
Refinancing loans involves replacing an existing loan with a new one that typically has more favourable terms. People refinance for various reasons, including obtaining a lower interest rate, reducing monthly payments, changing the loan term or accessing the equity in their property.
You First Finance offers assistance with:
- Access Lower Interest Rates
- Reducing Monthly Payments
- Shortening the Loan Term
- Claiming a portion of Lenders Mortgage Insurance*
- Consolidating Debt
- Equity release for renovations, investments or car purchases.
*Some lenders offer a rebate if you have paid LMI and no longer require it. Generally, the timeframe for this is within 2 years.