Are You Planning to Refinance Your Home? Work with a Mobile Mortgage Broker and Advisor to Get Help with Online Home Loans in Waikato

Moving to a different home isn’t the only way to get a new mortgage rate. On the contrary, by refinancing your existing mortgage, you can get better payment terms, shorten the term of your mortgage, take advantage of more affordable interest rates and more. If you’re planning to refinance your mortgage in Waikato, though, don’t just approach the bank or lender through which you have your current mortgage. On the contrary, looking elsewhere and shopping around will give you significantly better odds of landing a deal that makes refinancing worthwhile.

To Refinance or Not to Refinance? That Is the Question

At Total Mortgages, we are mortgage advisors in Waikato. In other words, if you want to refinance your home, we can help you shop around with different lenders and advise you on the different options at your fingertips. Before you get to this phase, though, you need to decide: is refinancing your mortgage the best choice for you right now?

First off, it’s important to understand that refinancing has its cons. The process of refinancing a mortgage can cost 3 to 6 percent of the principal loan amount—a significant chunk of change for most borrowers. Furthermore, refinancing your home means going through some of the hassles and headaches of the mortgage loan process again—from getting an appraisal done to conducting the title search.

With that said, there can also be big benefits to refinancing your mortgage. For instance, refinancing can lower your interest rates significantly—thereby saving you money in the long run and making the costs and hassles of the process worth it. Refinancing can also shorten the terms of your mortgage, help you build equity more quickly and ultimately allow you to pay off your mortgage sooner. These benefits are all considerable perks that might drive you to consult a Waikato mortgage broker and start shopping around for refinancing options.

Make Total Mortgages Your Mobile Mortgage Broker in Waikato

If you decide that you’re interested in refinancing your mortgage, Total Mortgages is a good partner to have. We’ll make the process as simple and straightforward as possible so that you can enjoy a painless and stress-free experience.

We’re based in Hamilton, but we do most of our business with clients via the Internet—a fact that makes us a genuine ‘mobile mortgage broker’ in Waikato and other parts of New Zealand. Once you’ve filled out the application on our website, we’ll set to work finding refinancing offers from the 16 lenders on our panel. These lenders give us access to thousands of different loan and refinancing options for our clients, which allows us to turn around and present the offers that best suit our clients and their current situations.

Are you interested in working with Total Mortgages for online home loans in Waikato? Start your refinancing process by scheduling a free, zero-obligation consultation with our team.