Remortgaging means paying off an existing mortgage and taking out a new one. Homeowners may choose to refinance for any number of reasons, including:
- Lower the interest rate on their existing mortgage
- Change a loan type
- Own their homes faster
- Take advantage of equity in their homes
WARNING: The cost of your monthly payments may increase. If you do not keep up your repayments, you may lose your home.
Please feel free to contact us at any stage.