We are thrilled to share an inspiring success story from the world of finance that’s bound to make you believe in the benefits of making informed choices.
Recently, a lovely couple approached us, eager to refinance their home loan. They were tied down to a mortgage with a non-bank lender, saddled with a staggering interest rate of 8.74%. Realising they were shelling out more than they should, they sought our help, and that’s when our proficient mortgage broker, Samantha, took charge.
With a keen eye for detail and unmatched dedication, Samantha delved deep into their case. She worked her magic, and voilà! The couple’s interest rate plummeted to a much more manageable 5.74%. What does this mean in tangible savings, you ask?
Let’s crunch the numbers: On a home loan of $604,000, with P&I repayments spread over 30 years, our clients are now pocketing a staggering savings of $1,226 EVERY month. That’s right, an additional $1,226 in their bank account each month, simply because they made the wise choice to refinance!
We are over the moon for this delightful duo, and kudos to Samantha for turning possibilities into reality. Such victories make our day at Mortgage Innovations.
Feeling inspired? If you’re keen on rewriting your financial narrative and enjoying significant savings like this lovely couple, we’re here to help.
Get in touch with us to discuss your refinancing options or if you’re just curious about potential savings, use our free refinance calculator to get a glimpse.
Arranging finance can be stressful, especially with some lenders now taking extra steps including going through your living expenses and credit scoring (ouch!). And sometimes banks can make you feel like ‘just a number’. That’s why we want to do things differently: because you deserve better.
As a local family-owned business, our team takes the time to listen, answer your questions and make getting your home, car or equipment loan as easy as possible.
