Considering the significant increase in property values across the country, Australian homeowners are increasingly using their home equity to obtain loans through the Home Equity program. Most importantly, homeowners with very low current interest rates can borrow money against their property while maintaining their originally low interest rate on their existing mortgage.
We strongly recommend that every homeowner with equity visit www.infochoice.com.au and get a free quote today. There are no obligations to check rates, and almost all homeowners have been surprised to find out they can borrow money against their property while maintaining their low rate on their current mortgage.
Most homeowners aged 35 or older may qualify for tens of thousands of dollars, with many getting approved for over 200,000 Australian dollars.
If you have a low rate on your current mortgage and need to borrow money, the Home Equity program will allow you to get a substantial amount in cash while keeping your low mortgage rate. Discover the best deals now ->
Homeowners are searching for solutions amid rising inflation and increasing living costs. Fortunately, the Home Equity program is one of the most economical ways to borrow money. If you choose a home equity line of credit, you can get preapproved for a credit line of up to 300,000 Australian dollars, which can be used at any time.
How does cash-out refinancing work?
Today, homeowners have much more equity in their homes than before, and many are shocked to learn that their home's value has increased by 30-40%, allowing them to cash out hundreds of thousands of dollars. The refinancing process is straightforward and allows you to receive a lump sum cash amount at closing with minimal effort. Thanks to current low mortgage rates, homeowners can often reduce their monthly payments or keep them unchanged while accessing significant cash from their home.
Want to know how much you can get? Here's what you need to do:
Want to know how much you can get? Here's what you need to do:
Step 1: Ensure that you are over 35 years old
Step 2: Know how much money you want to receive.
Step 3: Visit the InfoChoice website.
Step 4: Choose the best loan rate and bank where you want to take out a Home Equity loan (P.S. You might be pleasantly surprised by how much you're eligible for).
Step 5: Get the cash.