Home refinance: Refinance your home to get a better mortgage deal from SA Home Loans
Are you getting the best possible deal on your current home loan? Or do you feel like you’ve been paying endless sums of cash towards a mortgage that never seems to diminish? If you’re feeling like you’re being short-changed by your lender, it might be time to consider home refinance with SA Home Loans.
Recognised as South Africa’s leading discount home loan provider, SA Home Loans offers some of the lowest mortgage rates currently available to homeowners. By tailoring bond solutions to the individual needs of each of our clients, we’re able to design the ideal home loan package for any property owner.
We think you can get a better deal, and when you successfully apply to refinance with SA Home Loans, we’ll ensure that you secure the best rates available.Chat to us now on 0860 2 4 6 8 10 to find out more about your refinance options, or continue reading to learn more about mortgage refinance deals from SA Home Loans.
Refinance your loan and improve your financial position
In today’s tough economy, it’s not difficult to accumulate debt even without overextending yourself. As prices rise and the economy takes a dip, many homeowners are finding themselves facing debt – a scary prospect for those who may, up until now, have been fairly financially stable.
If you’ve owned your home for at least three years, there’s a good chance that its value has increased since you purchased it. That means that by refinancing your home, you could take advantage of this equity accumulated in your home, and use it to regain your financial footing. If you’re facing arrears, mounting consumer debt, or require a cash injection for children’s tuition fees, home repairs and so forth, it’s worth your while to consider your home refinance options.
How refinance bonds work
Refinancing your home loan is actually very simple, and if you qualify, it could shave thousands of rands off the cost of your home loan. When you refinance your bond, you’re simply securing a new mortgage for a greater amount, usually at a significantly lower rate. This means that you’re saving on a month-by-month basis, easing the strain on your disposable income and loosening up a bit of extra cash each month.
But moreover, it also means that you’ll be paying substantially less for your bond over the life of the loan. A home refinance bond could chop many thousands off the overall cost of your mortgage, saving you a lot of cash in the long run.
Refinance home loan options at SA Home Loans
At SA Home Loans, we consider each application on an individual basis, ensuring that every successful applicant receives the right solution for their circumstances. We understand that, after spending several years in your house, you’ve turned it into a home you love. Refinancing it is the ideal way to ensure that you don’t run into mortgage arrears or risk losing it, and that you have the extra cash you need to maintain or repair it.
We also realise that everyone could do with a bit of extra cash at the end of each month. Refinancing your home loan is thus the ideal way to lighten your load, giving you the latitude you need for the things you desire. Why should you be paying high rates and an inflated home loan instalment when, by refinancing, you could take advantage of your property’s increased value, as well as the large amounts of cash you’ve already poured into it?
Remember that you could still be paying the high rates usually designated to new or first-time homebuyers. Now that you’ve proven your capacity to settle your monthly bond instalments promptly and in full, you should be benefiting from lower rates and more flexible home loan terms.
More flexibility, greater financial freedom with home refinance bonds
It’s easy to apply for a refinance home loan from SA Home Loans. Start by using our affordability calculator: In seconds, you’ll have an idea of how much you qualify for.
Alternatively, contact one of our experienced bond consultants now on 0860 2 4 6 8 10. They’ll assess your situation and devise the ideal mortgage solution for your needs. There’s no reason to keep paying exorbitant bond rates. Speak to SA Home Loans today about the most affordable mortgage and refinance solution available.