Refinancing your home loan can result in better mortgage rates, lower monthly repayments, and shorter loan terms. With the current cash rate set by the RBA at a historic low of 0.25%, many banks and lenders are offering attractive interest rates that could save you thousands. Now is a great time to look at whether refinancing is right for you. One of our senior brokers, Cullen, explains more in the video below.
“If you are looking to take advantage of this time in isolation and working from home, and save thousands on your mortgage, here’s what you need to know about refinancing in 3 simple steps with Legal Home Loans.
"Step number 1, we will give you a call and in 15 minutes we will work out where you are, and where you want to be. We will then send you an indicative solution, as well as the application forms and supporting documents checklist we’ll need to get the ball rolling on your application. We will also order a complimentary valuation to work out how much your home is worth.
"Step number 2, we will need those completed forms and supporting documents sent back to us and we will collate them.
"Step number 3, we will organize a Zoom, Skype or Facetime call just to make sure you are who you say you are. This is one of the benefits of this time at the moment, as we can verify your identity virtually, which makes the whole process a lot easier.
If you have any questions, we would be delighted to answer them.”
Get in touch today to find out how much you could be saving.