Consolidating home mortgage loan
An Aussie Mortgage Broker can meet you to discuss your personal circumstances and help you identify the costs of refinancing your home loan.
There's no obligation when meeting with an Aussie Mortgage Broker and it's free. Aussie's expert Mortgage Brokers will help you evaluate your personal situation.
“I wouldn’t recommend it to someone who is going to run up their credit cards again,” he says.When you are ready to apply, or even if you have more questions before taking the next step, you should speak to an accredited Mortgage Broker.Aussie's expert Mortgage Brokers will help you evaluate your personal situation, compare the features of hundreds of loans from up to 19 different lenders, and even help with all of the paperwork and other parts of the refinancing process.Some people may be surprised to learn that a home equity loan is considered a mortgage – they usually consider that to be a loan used to pay for the home itself – but any loan that is secured by residential real estate is considered a mortgage. A cash-out refinance allows you to consolidate all your debt into a single loan and usually offers the best mortgage rates and the longest repayment periods, up to 30 years.A home equity loan or line of credit is a good choice if you simply want to consolidate your other debts but keep them separate from your main mortgage used to pay for your home.