CONSOLIDATION LOAN

Overview

CONSOLIDATION LOAN

What is Loan Refinancing?

Loan refinancing refers to the process of taking out a new loan to pay off one or more outstanding loans. This can help to:

THE PRIMARY REASON BORROWERS REFINANCE IS TO OBTAIN MORE AFFORDABLE LOAN.

For instance, a homeowner with good credit who took out a 30-year mortgage or home loan in 2010 vs now:

Consequently, by refinancing their loan,
they could save more on their interest payments and lower their monthly repayments.

MORE REASONS FOR LOAN CONSOLIDATION

REFINANCE YOUR HOME LOAN

Refinancing, the process of obtaining a new home loan to replace the original, offers a range of benefits. At East Plate Financial Consultancy, we understand that various situations may lead you to consider refinancing, and we’re here to guide you toward the best option for your needs.

Don’t hesitate to share your unique circumstances with us, and we’ll help you explore the ideal refinancing solution.

HOW TO REFINANCE A LOAN

Refinancing a loan can be a smart financial move, but it’s essential to approach it methodically. Follow these steps to ensure a successful refinancing process:

WHAT ARE THE RISKS?

We know it is not easy decisions to make
but you can always engage a consultant to do the loan planning for you.

FOR ANY ENQUIRIES, PLEASE CONTACT US.