Refinancing Your Mortgage
Is It Time to Refinance Your Mortgage? Here’s What You Need to Know
With interest rates dropping, there’s no better time to consider refinancing your mortgage. At Sutcliffe Matson Law, we offer a comprehensive and personalised refinancing service, designed to help you achieve better terms on your home loan and reduce your monthly payments. For September and October 2024, we’re offering this service for just $850 + GST and disbursements—don’t miss out!
What is Refinancing?
Refinancing, also known as remortgaging, is a common aspect of homeownership. It’s not just about adjusting the interest rate on your existing loan—it involves settling your current mortgage and drawing down a completely new one, potentially offering you more favourable terms. This can mean reduced monthly payments, shorter loan terms, or better interest rates.
The decision to refinance can be driven by various reasons, not just the opportunity to lower your interest rate. Whether you’re looking to continue with your current lender or switch to a new one, refinancing could provide the flexibility and financial relief you need.
Why Refinance?
While the most obvious benefit of refinancing is reducing your interest costs, there are many other reasons why you might consider it, such as:
Changes in your income level – A higher or lower income can affect your ability to manage your current mortgage.
Life changes due to illness or job loss – Refinancing can provide financial relief during challenging times.
Shifts in expenses – For example, when children move out, your financial commitments may decrease.
Need for a lump sum – If you’re planning home improvements or need funds for medical expenses, refinancing can unlock equity.
Debt consolidation – Refinancing can help consolidate high-interest debt into your mortgage, making repayment simpler and often more affordable.
Unexpected funds – Receiving a bonus or inheritance can allow you to make larger mortgage payments, and refinancing can help you take advantage of this windfall.
Our Expert Team Is Ready to Help
At Sutcliffe Matson Law, we understand that refinancing is a big decision, and we’re here to guide you every step of the way. Our experienced team will work with you to evaluate your unique circumstances, ensuring you receive the best possible terms for your mortgage.
Whether you want to lower your payments, shorten your loan term, or free up cash for other purposes, our refinancing service will be tailored to meet your needs.
Take Advantage of Our Special Offer
For a limited time, during September and October 2024, our refinancing service is available for just $850 + GST and disbursements (conditions apply). Don’t miss this opportunity to secure better mortgage terms and save money!
Ready to explore your refinancing options? Contact our team today to schedule an appointment and take the first step toward a brighter financial future.