Refinancing

Times change, and so do your financial needs.  The end of a fixed interest period, another investment property, loan consolidation, debt problems, renovations or even a new addition to the family are events which might cause you to consider refinancing your loan. 

When refinancing there are many aspects to consider and that's where your Vision Finance Partner steps in to assist.  Not only will they search across the widest possible selection of lenders in Australia to find you the best product, they will also work closely with you to ensure that your future needs are taken into consideration.

If you have problems with your credit rating, it is vital that you consult with one of our Finance Partners before approaching any lenders.  There are lenders who will consider your needs if you have a credit problem, however if you apply with the wrong lender and are refused credit, then this adds to your credit file and makes your situation even more difficult.  We can help you.

Your Journey

When you first meet your Vision Finance Partner, you'll be asked a number of questions about your goals and financial aspirations; as well as questions about your financial position.  It's best to bring as much information as possible to the first meeting which, if possible, should include copies of pay slips as proof of income, bank statements as proof of savings, your tax file number, your drivers licence and latest tax returns.

Your Finance Partner will help you choose an option best suited to your requirements and will look at things like monthly repayments, interest rates, value added features such as redraw facilities and how much you can borrow from each lender.  Once the best possible fit has been found, your Finance Partner will prepare the necessary forms for approval by the lender and will guide you step by step through the remaining process.

Loan Consolidation

There are pros and cons to consolidating smaller debts into your home loan.  Your Vision Finance Partner can help you to find the most affordable solution for your combined debts.  Whether you are investigating ways to pay off your debt quicker or you are seeking an improvement in your cashflow, your Vision Finance Partner has the knowledge and tools to help you to achieve your goals.

Renovating

Whether you are renovating for profit or simply improving your own home renovating can be a very rewarding experience.  When it comes to the financial side of renovating the pitfall for most DIYers is underestimating.  Make sure that you allow yourself enough margin for unexpected costs, even the most experienced of project managers encounter unforeseen circumstances from time to time.  Returning to your lender to ask for additional funds after you have just refinanced can cost you more, so take the time in the beginning to ensure that you have enough funds to complete your project.

Future Investment

Quite frequently people will refinance an existing property in order to access additional funds for investment purposes.  Whether your chosen investment is property, shares, a business or a special item, make sure that you get the right advice upfront.  Your Vision Finance Partner will assist you by introducing you to experts on the various areas of investment and will make sure that your finance is structured appropriately for your needs.

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Contact your local Vision Finance Partner on 1300 797 144 or  This e-mail address is being protected from spambots, you need JavaScript enabled to view it    to arrange an obligation free appointment.

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