refinance home loan

Refinancing is the process of switching your existing home loan to a new one, usually at a lower interest rate and save money.

Refinance can help you save thousands of Dollars and there are a number of different reasons in which refinancing a home loan or mortgage can provide an advantage. Some of the most common reasons to refinance are,

  1. Looking for more suitable interest rates
  2. Reducing monthly loan repayments
  3. Debt consolidation and combining your outstanding debts such as a personal loan, car loan or credit card into your mortgage, so that it’s easier to manage your finances
  4. If you’re coming to the end of a fixed rate term, and looking for a more suitable interest rate
  5. Looking for new features such as flexible repayments, redraw facilities or an offset account
  6. Accessing equity in your home to renovate, invest or travel

HK Finance can help you refinance your loan by comparing hundreds of loan options available with your current loan to check how much you save on your home loan.

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