Refinancing

It’s a question you should be asking. Not searching for a more favourable interest rate is a common mistake homeowners make.

When you exit your initial lower rate period, the cost of your loan can jump quite dramatically. Banks and other lenders hope you do nothing. They know many people will not refinance their loans, because it takes effort. So you end up paying more than you need to.

With Probitas Finance there is no effort. We will handle the entire process and make sure your mortgage is working for you, not against you. Our goal is to help you keep the cost of your mortgage as low as possible, while minimising your exposure to fluctuating interest rates.

While it’s not advisable to take cash out of your mortgage to fund lifestyle choices, there are many sensible reasons why you might want to access your home’s equity. For example, to finance home improvement that increases the value of your house.

Unfortunately, this is an all too common reason for refinancing. With many divorce settlements requiring the marital home to be sold, refinancing could be thrust upon you. But don’t worry; we are here to help you and your finances move on.

Get the best refinancing deal – With so many different providers (each with different lending criteria, rates and charges) it’s important you seek expert advice. We work on your behalf to get the best loan for you.

Avoid making costly mistakes – People often fail to assess the true cost of refinancing their mortgage. A little number crunching may reveal that refinancing is not right for you at this time (assuming you have a choice).

Always on your side – Although we benefit from you moving your loan, we only recommend you do so if there is a compelling reason. So if you have the best deal on the market, we’ll tell you that.

Probitas finance Pty Ltd Credit Representative Number 469661 is authorised under Australian Credit License Number 389328 ABN 35 169 724 547 Disclaimer -Your full financial situation would need to be reviewed prior to acceptance of any offer or product.