Refinancing

Times change, and so do your financial needs. The end of a fixed interest period, another investment property, loan consolidation, debt problems, renovations or even a new addition to the family are events which might cause you to consider refinancing your loan.

When refinancing there are many aspects to consider, not only will we search across the widest possible selection of lenders in Australia to find you the best product, we will also work closely with you to ensure that your future needs are taken into consideration.

If you have problems with your credit rating, it is vital that you consult with one of our loan specialists before approaching any lenders. There are lenders who will consider your needs if you have a credit problem, however if you apply with the wrong lender and are refused credit, then this adds to your credit file and makes your situation even more difficult. We can help you.

Renovating

Whether you are renovating for profit or simply improving your own home, renovating can be a very rewarding experience. When it comes to the financial side of renovating, the pitfall for most is underestimating. Make sure that you allow yourself enough margin for unexpected costs, even the most experienced of project managers encounter unforeseen circumstances from time to time. Returning to your lender to ask for additional funds after you have just refinanced can cost you more, so take the time in the beginning to ensure that you have enough funds to complete your project.

Future Investment

Quite frequently people will refinance an existing property in order to access additional funds for investment purposes. Whether your chosen investment is property, shares, a business or a special item, make sure that you get the right advice upfront. As Coastal Lending Services are part of the Partners in Wealth Financial Services Group, our team of qualified Financial Planners can assist you in not only making sure that your loan is structured correctly for investment purposes, but your overall financial situation, including your Superannuation, Personal Insurance and Estate Planning needs are also addressed. These areas are considered key aspects in developing and protecting your long term wealth goals.

Loan Consolidation

There are pros and cons to consolidating smaller debts into your home loan. Coastal Lending Services can help you to find the most affordable solution for your combined debts. Whether you are investigating ways to pay off your debt quicker or you are seeking an improvement in your cashflow, we have the knowledge and tools to help you to achieve your goals.

Where to from here?

While there are many online calculators available, they do not take into account all of your individual circumstances. We have a very short online enquiry form which will ask you some very basic questions and then organise for a Costal Lending Services loan specialist to contact you. By completing this quick and easy form we can already have some of the preliminary investigation completed before we call you, enabling you to be better informed, more quickly.

Or contact the dedicated team of Coastal Lending Services on (02) 4396 9755

Useful Information

Below you will find links to useful information when refinancing or consolidating debts.