Sunday, September 30, 2018

Fast Refinance

Refinancing your mortgage from one lender/credit provider to another can be lengthy, costly and time-consuming. The new and efficient way to refinance your mortgage is to use "Fast Refinance."

What is Fast Refinance?

Fast Refinance is a unique refinance process whereby your new lender/credit provider uses a product called Title Insurance to:

>> Facilitate the refinancing of your loan in days, not weeks (faster same-day settlement)

>> Enable an "Unattended" refinance settlement (no settlement meeting or booking takes place)

>> Reduce settlement costs (all correspondence and funds sent electronically)

>> Streamline the mortgage loan process (requires minimal additional documentation)

What is Title Insurance?

Title Insurance provides protection to lenders/credit providers against known and unknown title defects on a security property. It offers additional risk cover to strengthen and enhance your legal interest in the mortgage and the security property.

Why Choose Fast Refinance?

You should refinancing your mortgage with the same extreme care you put into getting your original mortgage, and it is just as big a financial decision. So when you are thinking of refinancing, you should consider the following benefits of "Fast Refinance" and more importantly why wait for up to 6 weeks or more to take advantage of these benefits, such as:

No Fees - most lenders do not charge fees

Very quick Settlement - when all documents are received and certified you can have an approval in as little as one or two days

Savings - if refinancing at lower interest or extended term, it will save you money and even reduce your monthly repayment

Easy for you - as your new lender will contact your current lender and organise the new loan, you do not have to approach your old lender

Access to Funds - you may be able to access additional or surplus funds much quicker than when doing a standard refinance transaction

No Contact from your old Lender - process circumvents the old lenders "retention unit" from making contact to try to persuade you to stay with them

How Does Fast Refinance Work?

You will need to complete a new loan application with the new lender/credit provider and provide all requested documentation for your new loan, and the new lender/credit provider will:

>> Approve the loan application

>> Prepare all the Fast Refinance loan documents

>> Request you to sign and complete all the documents and state the "payout figure."

>> Deposit into your old loan account sufficient money to reduce the loan balance to Nil

>> Pay you direct any surplus funds from the new loan

How Can a Finance Broker Help With Fast Refinance?

A professionally qualified finance broker is very experienced with arranging refinancing of client loans and he/she will help you in answering the following questions:

>> Am I eligible and how can I qualify for a "Fast Refinance" loan?

>> Can you help me to compare my current product features against the new product features before I decide to refinance my home loan?

>> Can you help me obtain formal approval to Fast Refinance my existing home loan and at the same time obtain pre-approval for the purchase of a new investment property?

>> With a Fast Refinance loan can I access the equity from my existing owner occupied property to assist me in the purchase of a new investment property?

>> Will I be better off refinancing my existing home loan and consolidating my debts?

>> What documents do I have to provide when refinancing or consolidating my debts?

>> Can you help me to calculate the value of my home equity?

>> Can you help to calculate my present loan-to-value ratio?

So, don't forget to help of a finance broker. He/she will make you ready for fast refinance and ensure that you get cheaper rates and a better deal.

Singh Finance is a reputed Australian finance brokerage that employs the best finance brokers of the industry to help you with low rate home loan refinance []. The firm will even find you a new low document home loans [] to ensure affordable repayments. Call on 0424 190 908 or enquire online now.

By: Frank Zelasko

Saturday, September 29, 2018

Finding a Mortgage Refinance Company

There are plenty of companies out there that can help you with a mortgage refinance. In fact, choosing a mortgage refinance company means that you have a variety of options to choose from. Shopping around for a mortgage refinance company that offers the loan terms that you want is easier than ever. You can look online, or you can go in to a more "traditional" lender for your mortgage refinance. Really, you have almost unlimited options when it comes to finding a mortgage refinance company that fits your needs.

Looking Online

The Internet offers virtually endless possibilities for mortgage refinance. Many companies have online operations, and there are even some mortgage refinance companies that operate almost entirely over the Internet. There are also "brokerages" of sorts available online that can help you find a mortgage refinance company that best fits your needs. These online brokerages take your information and then submit it to several mortgage companies. These companies then make offers, and you can choose the mortgage refinance company that offers the best terms.

Staying Offline

Many people are still wary of looking for a mortgage refinance company online, and for good reason. There are many pitfalls to an online mortgage refinance. And many people prefer the face to face contact they get when they meet with mortgage refinance representatives in person. This can also be a good way to choose a good mortgage refinance company. You can get a better "feel" for the kind of company you are dealing with when you can go in. Plus you can evaluate each mortgage refinance company on things like service, personal attention, and willingness to help you get the loan you need.

What to look for in a mortgage refinance company

There are a few things you should look for when it comes to choosing a company to refinance your mortgage. You want to make sure that you are comfortable with your choice, and with the loan terms.

· Personal service. You want a mortgage refinance company that will pay attention to you personally, and get back to you in a timely manner.

· Individual planning. Your situation is different from someone else's. Look for a mortgage refinance company that will work with your individual needs.

· Honesty. It helps to find someone who can help you find the loan that is truly best for you. Find a mortgage refinance company that is more interested in helping than in earning a fat commission.

Visit Refinance Smarts to view our Recommended Refinance Lenders [] online. Also, visit Refinance Smarts for help in finding a good Home Mortgage Refinance Company [].

By: L. Sampson