Refinancing Home Loans and Mortgages
Are you concerned that you might be overpaying on your home loan or uncertain if your current rate is still competitive? Refinancing your mortgage to secure a better rate with more flexible terms in annual interest and reduce your monthly repayments. Plus, you might even be eligible for a cashback incentive from your new lender. At Traikos Finance, we’re committed to finding customized options that suit your needs and managing all the details to ensure a seamless experience.
Secure a better rate by
refinancing today
Discover your potential savings
Many lenders, comparison sites, and online calculators often inflate the benefits of refinancing to attract customers. At Traikos Finance, we prioritize building genuine, long-term relationships over one-time transactions. We’ll work together to determine if refinancing your home loan genuinely serves your best interests and provide you with a comprehensive breakdown of costs and possible savings
Refinance with confidence. We’ll guide you through the process without the confusion.
With a multitude of refinancing options at your disposal, it can be challenging to know where to begin. Before we dive into our lender panel’s offerings, we’ll discuss your current circumstances, create some tailored options based on your input, and often arrange a complimentary bank valuation if necessary. Following that, we usually reach out to your current lender, allowing them a chance to keep your business by providing a better interest rate before we suggest refinancing your home loan. Ultimately, refinancing should only be considered if the potential savings are clear
Ongoing support to help you pay off your loan
Once your refinance is complete with Traikos Finance, it’s just the beginning, not the end. We leverage advanced fintech software to assess your loan annually, ensuring it stays competitive in the market.
Picture this: each year, you receive a call from us letting you know that we’ve reviewed, compared, and potentially improved your interest rate—all without any effort on your part. You’re unlikely to receive this level of service if you went directly through a major bank or lender!
FRQUENTLY ASKED QUESTIONS
Leveraging your home equity to refinance your mortgage
Typically, having equity in your property is essential for a successful refinancing process. Most banks and lenders generally consider 20 percent equity as the standard requirement. However, if you have a solid credit history and rating, refinancing without sufficient equity may still be an option for you.
Can I receive cashback when refinancing my home loan?
Many banks and lenders are currently attracting borrowers to refinance their home and investment loans by offering appealing cashback incentives at settlement, typically ranging from $1,000 to $4,000. While these offers might catch your attention, it’s crucial to keep the bigger picture in mind—after all, there’s a saying that goes, “there’s no such thing as a free lunch.”
To find out which cashback offers might be the best fit for you, reach out to the team at Traikos Finance. We’ll utilize our industry-leading software to compare refinancing costs and benefits. With our extensive knowledge, dependability, and access to over 35 major banks and lenders, we’re here to help you discover personalized solutions that suit your needs.
How can I tell if I should refinance my home loan?
In a market where rates are on the rise, it’s crucial to keep an eye on your current interest rate to make sure it’s still competitive. You can be sure that your existing lender won’t be the first to notify you of a lower rate that might better suit your needs, and that’s where we come in.
As a client of Traikos Finance, we utilize systems that guarantee annual reviews of your loan structure to maintain its competitiveness. We work tirelessly behind the scenes to communicate with your current lender, ensuring your interest rate remains as advantageous as possible.