Why Choose Greenline Home Loans to Consolidate Your Debt?
Have you ever found yourself juggling multiple credit cards or personal loans? Is debt weighing you down? Let us help you gain control of your financial affairs by consolidating your debt. We can look at a variety of options, from consolidation loans to home loan top-ups. The outcome is one loan, one repayment cycle, saving you loan fees, interest payments and most importantly, stress.
Debt consolidation involves combining several debts into one single loan or credit card account. It is a practical way to make repayments easier to track and get a clearer understanding of how much you are paying to manage your debt.
It can be very complicated to track numerous repayment schedules when you have multiple credit cards or personal loans, making it that much more difficult to work with your earnings and expenses. Consolidating your debt allows you to reduce your current repayment schedules and amounts into a more consistent and regular repayment.
Reduces Costs To Maintain Debts
There are certain circumstances where you can be paying fewer fees and a lower interest rate on your total debt amount when consolidating your multiple loans and credit cards. Take note and consider whether you would have to pay any break costs to end current debts.
Fixed End Date
Consolidating your debt with an unsecured personal loan is beneficial as it is fixed-term, meaning that the end date is built into the loan, and you will have a goal to work towards in paying off your debt. You will find it easier to understand how much debt you actually owe and how long it will take to pay it off.
Credit Score Improvement
If you consolidate your debt, it could mean that you would see a credit score boost. Paying off your credit cards with debt consolidation can decrease your credit utilisation ratio, and your payment history can also improve as debt consolidation allows you to make more on-time repayments.
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Home Loan Products
Residential Home Loans
Residential home loans are mortgages where banks hold security in the form of a residential property. Here at Greenline Home Loans, we ensure that your residential home loan has the lowest home loan rates, the lowest fees and the flexibility you require. Along with years of experience in the finance industry, our home loan professionals have in-depth knowledge of Australian residential home loan markets.
Residential Investment Property Loans
If you are planning on purchasing your first investment property or are a seasoned investor ready to expand on the market, Greenline Home Loans has you covered. With a number of low-interest rate home loan options, our friendly team are here to help you settle in quickly and make your experience as hassle-free as possible.
Home Loan Refinancing
We provide quick, easy and obligation-free home loan refinancing services which allow you to compare your current home loan against hundreds available on the market. Greenline Home Loans have a simple refinancing process so that you can begin saving on your home loan repayments sooner.
When looking to upgrade your home, timing the purchase of your new home while selling your existing property can be tricky. Bridging loans can provide a solution that allows you to avoid the stress of having to sell your home first and find temporary accommodation whilst you search for your next home.
Construction loans are designed to support those who are building their home, as opposed to purchasing an established property. Greenline Home Loans can provide you with a loan that is progressively drawn down as required to pay for each stage of the construction, allowing you to manage your cash flow more efficiently during the building stages.
Cash Out – Equity Release
Sometimes you might need to borrow money in order to achieve some personal goals like renovating your home, buying a new car or even travelling overseas. While taking out a personal loan is an option, releasing equity from your property can result in a more favourable outcome with lower interest rates applicable to the loan as a result of the nature of the loan and the security against it.