refinances

Is it a good idea to refinance my home?

You may be tired of making one mortgage payment for your first mortgage, and another payment for your second mortgage. Perhaps it's time to reduce your current interest rate to a lower fixed or adjustable rate, or maybe you have an adjustable rate that you want to convert into a fixed rate mortgage. You may want to cash out some of your equity, or lower your overall mortgage payment. Refinancing may also allow you to get rid of private mortgage insurance (PMI) if you now have 20% equity in your home.

OR you're ready for the next property... To talk about the endless possibilities, please call me NOW on 0416 22 50 54 begin_of_the_skype_highlighting              0416 22 50 54      end_of_the_skype_highlighting.

Can I refinance for no cost or low cost?

Absolutely. With the wide variety of loan programs available at Excellente Business Solutions you may very well be able to refinance your existing loan at minimal cost to you. You may see immediate savings, and you won't have to sacrifice your bank account or equity to get a great rate. Many people have taken advantage of our low cost refinance programs. Why shouldn't you be one of them? Ask me our flexible financing options, and how we can best move you forward in the property & wealth area!

Is it worth refinancing if I only see a small change in my current rate?

A lower interest rate will save you money if you plan to stay in your home for more than a few years. You can use our mortgage calculator to see how much you will save by refinancing. However, even if you don't pick a lower interest rate, refinancing can still save you money by allowing you to consolidate higher interest debt with your home/investment loan, or giving you the flexibility of an interest-only option. Read more here.