Refinancing a minefield, knowing whether to go with your current lender or branch out with a new lender. This could make the difference as to how much money you have to work with on your next property deal or home project.
Here are the Top 4 things we consider important for you to take into account.
Planning for the refinance
Planning for your refinance is the key to a successful refinance. Without good planning the refinance will not go as expected. If you plan your refinance right then you will acheive your goals and get the outcome that you are looking for.
Have your accounts in order
Have a Professional Mortgage Broker plan your accounts so that you can make an easy transition for your refinance.
Have income clarity
Know where your income sources are and be able to demonstrate where these come from to your Mortgage Broker or Lender.
Set up the Facility
Ensure that the facility that you are have currently is up to date and in good standing order.
We hope that this is of some value and any support we can give you on your next refinance project please let us know!
Ralph Ortiz