You are off to a great start landing at Homestar, aside from our fast personalised service we also have a number of tools available on our website to get you underway. Have a look at our Mortgage Switching Calculator for a side by side comparison of how much you could be saving. To do this you will need to be aware of possible fees you could be charged by your current lender, these could be discharge fees, early exit fees or possibly even break cost fees. Your new home loan will also attract fees, but when you check out the Homestar Home Loans you will surprised at how low and little fees we have
Refinancing your home loan can be one of the best financial decisions you can make and at Homestar we are here to make the process as easy and fuss free as possible. Our Loan Specialists will be able to guide you through the process from beginning to end. By taking the time to review your home loan with a Homestar Loan Specialists assistance you will be supported throughout the entire journey. It’s simple:
The Why's of Refinancing
Refinancing your home loan in short means you pay off your existing home loan and get a brand new home loan, as with anything new you want to make sure it ticks all your boxes. Some of the reasons people refinance are:
- Cheaper Repayment
- Greater Flexability of repayment
- Ability to repay your home loan faster
- Equity, access funds for a renovation or a new car!!
- Debt consolidation, simplify all your loan repayments into 1 loan.
- Fixed Rate or Interest only period is a good time to check your current loan will continue to meet your requirements