Secure your financial future with a refix
Refixing your mortgage can help you lock in a lower interest rate and potentially save you thousands of dollars over the life of your loan. With the help of our experienced advisers, you can secure your financial future and have peace of mind knowing you’re getting the best deal for your mortgage.
What is refixing a mortgage?
Refixing a mortgage refers to the process of renegotiating the terms of an existing mortgage. This may involve adjusting the interest rate, changing the loan term or switching to a different type of mortgage.
The benefits include:
The benefits include:
- Securing lower interest rates
- Predictable long-term payments
- Start financial planning
- Peace of mind – you won’t have to worry about increasing interest rates
Contact us today to see if you can benefit from refixing with Capital Finance!
When is a good time to refix?
Most borrowers discuss refixing when the current fixed rate term ends. Lenders typically allow for a refix 30 to 60 days before terms expire. You can also refix if your income or personal situation changes.
Increased income/reduced expenses
If your financial situation changes, you could increase your payment with a new mortgage rate.
Need to upgrade your property
Whether you are selling or preparing for a new addition to the family, refixing can shorten your loan period or lock in a better interest rate long-term.
Ready to start your journey to homeownership?
Take the first step by reaching out to one of our loan specialists.