LOVEDAY FINANCIAL BLOG

Refinancing to consolidate debts

We all know life can get messy.

 

 

Chances are you’re juggling a career, family and social life, all whilst trying to earn
enough money to pay off your mortgage and other debts you’ve accumulated over
time. Keeping track of all these small payments can feel like an overwhelming
burden.

 

I have a solution that could make your life easier.

 

 

Did you know that you can bundle all your debts into your mortgage for one easy
repayment?

Finance for first home buyers in Adelaide

It’s known as debt consolidation and it’s possible if you refinance your home loan. 

Luckily, the process can be straightforward. We can go through your debts and look at your existing loan together and then I’ll help you find a new lender that will offer a competitive deal 

 For most situations, here is some of the info we will need

 

  • Details of all current debts
  • Statements or an account showing the debt balance
  • That you are up-to-date on your repayments
  • Latest payslips/income documents 

.

The Ultimate Mortgage Loan Plan

There are a few other things that are important to consider with debt consolidation so if you’ve been thinking about bundling a few debts into your home loan and potentially saving thousands of dollars in the process…….

 Lets chat!