Why Choose Greenline Home Loans To Refinance Your Home Loan?

Whether you are considering a loan refinance as a result of changes to circumstances, debt consolidation, releasing equity from your property, or simply wanting to find a better rate, Greenline is here to help. As your trusted broker, we will take the time to listen and understand you, guide you throughout the entire process, and ensure we allow you all the time you need to understand each step of the way.

With access to over 50 lenders and a premium relationship with the major banks, we can help you review your existing loan and offer you a solution to improve your position. Greenline Home Loans can help tailor solutions that include a combination of variable and fixed loans, offset and redraw facilities, interest-only loan terms, or guaranteed loans.

Product Features

Refinancing your home loan can seem very intimidating, however, doing so can save you thousands of dollars. It is well worth understanding the various features that come with refinancing a home loan before taking action.

Equity Access

When you decide to refinance your home loan, you will have access to all the equity that you have paid over the course of your mortgage. It is very common for borrowers to access their equity and use it for things like home renovations, towards a car, or for investing. It is important to keep in mind that the more equity you have, the more favourable your chances are of receiving the best interest rate from your new lender.

Lower Interest Rates

A great feature of refinancing your home loan is that you are able to take advantage of a lower interest rate. Lower interest rates can reduce your monthly repayments, potentially saving you hundreds of dollars each month. You can use this money on any essential or non-essential items, or even better, use it to pay off your loan quicker.

Flexibility

When refinancing your home, you have the ability to shorten or lengthen the loan term to suit your needs. Increasing your loan term can result in reduced regular payments over a longer period of time. Shortening your loan term will increase your payments, but you will pay less interest overall.

Reduce Length Of Your Loan

You have the option to reduce the length of your loan. Keep in mind your monthly payments will increase. However, you will likely save thousands on interest. For example, you may have a 20-year loan term and wish to reduce the length to 10 years.

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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.

Debt Consolidation

If you have been dealing with multiple payments on numerous loans, each with their own interest rates and conditions, you may want to consider consolidating your debts. Have greater control of your financial situation by bringing all your existing debts together into one loan.

Bridging Loans

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

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.