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What is Refinancing your Mortgage?Taking out of a new mortgage on your current property Selecting a new and better loan product to pay out your existing mortgage. Benefits of Refinancing.
Mortgage refinancing is often used to consolidate credit card and personal loan debt as a normal home loan is usually at a lower interest rate than the interest rate paid on credit cards and personal loans. Consolidating your debts into your mortgage enables you to only having to make one easy payment instead of making multiple payments perhaps costing you more in fees. In addition, you may end up paying less per month than what you currently are. This can help some people to manage their finances more effectively. Due to the fact that every situation is unique it’s important you let AFS help assess your situation and in turn provide you with the available options. |
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To find out more information, call us on 1300 30 62 64 between 8am and 8pm Monday to Friday. Alternatively, fill in our short contact form and one of our staff will contact you within 24 hours. All information provided by our staff comes with no obligation to allow you to further research the options available to you.
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