Refinancing
Whether you are looking for a better deal, consolidating expensive credit cards or looking to raise funds for a renovation, purchase or something else, then you're in the right place. At Omega Finance, we have access to over 30 approved home loan lenders which means we're across the majority of deals in the market place. We call it "easy money" because, saving money by refinancing is so easy to do with us.
It's easier than you think to switch lenders and you don't have to move your main banking if you don't want to, but often there are real benefits in doing so. We have the latest software that can take into account your specific requirements whether that be variable or fixed rates, interest only or principle and interest. We will explain about the features that you may want such as mortgage offset accounts, redraw and fortnightly repayments. We can narrow down the huge range of options available to a sensible number to review with you and select one that suits you best. From there we'll prepare all the necessary paperwork and will then handle your application from start to finish keeping you regularly updated along the way. Generally the whole process takes 4-6 weeks from start to finish , but this can be quicker with some lenders who can have this done within 2 weeks if you're in a rush.
Whilst you may think that a 0.25% saving is not worth the bother, you'd be surprised to learn then that on a typical home loan of $400,000 over 25 years with principal & interest repayments the saving could be as much as $17,500 over the life of your loan. Now that's worth a small amount of your time surely ? Take a look at our calculator below and see what a small rate saving can have on your own home loan then give us a call and find out how you can make that saving happen.
It's easier than you think to switch lenders and you don't have to move your main banking if you don't want to, but often there are real benefits in doing so. We have the latest software that can take into account your specific requirements whether that be variable or fixed rates, interest only or principle and interest. We will explain about the features that you may want such as mortgage offset accounts, redraw and fortnightly repayments. We can narrow down the huge range of options available to a sensible number to review with you and select one that suits you best. From there we'll prepare all the necessary paperwork and will then handle your application from start to finish keeping you regularly updated along the way. Generally the whole process takes 4-6 weeks from start to finish , but this can be quicker with some lenders who can have this done within 2 weeks if you're in a rush.
Whilst you may think that a 0.25% saving is not worth the bother, you'd be surprised to learn then that on a typical home loan of $400,000 over 25 years with principal & interest repayments the saving could be as much as $17,500 over the life of your loan. Now that's worth a small amount of your time surely ? Take a look at our calculator below and see what a small rate saving can have on your own home loan then give us a call and find out how you can make that saving happen.
Even better than saving around $17,500, we can show you how to increase that saving to nearly a whopping $34,000. Using our above example, if you take the monthly saving in the repayments by getting a lower rate and then use the money saved to make an extra repayment each month (thus keeping your repayments at the original level), you'll save almost a further $16,500 on your total interest cost. That's 1 year and 2 months saved off the term of your mortgage. Don't believe us, use the calculator below and see for yourself:
These are just a couple of examples to show you the potential to save thousands of dollars in interest. We've plenty more ideas including using mortgage offset accounts and switching your repayments to fortnightly from monthly which will save you further interest. Why not give us a call to sit down and discuss how much "easy money" you'd really like us to find you.
