Refinancing doesn’t only apply to home and investment property, you also have the same scope to refinance commercial property and business lending.
People and businesses generally refinance for 1 of 4 reasons:
- Change in interest rates and fees,
- Debt consolidation,
- To access equity in their property or to
- Improve service and lender satisfaction.
If any of these reasons relate to your current personal or commercial loans, perhaps it is time to look into your refinancing options, and there’s no better place to start than with a qualified professional. A mortgage broker can help you wade through the pros and cons of re-financing, but first let’s look at a few reasons to consider before making the move toward refinancing.
