As a non-bank lender, Mortgage Street can offer competitive loan terms with better interest rates than traditional lenders’ loans. We can also help you negotiate waived or lesser fees to save your clients money as they refinance their loans.
How We Can Help
When your client chooses to refinance, we can help them find a lower interest rate. With a lower interest rate, their monthly mortgage repayments will be lower. Even a slight decrease can save your clients thousands of dollars over their loan terms. Using our network of lenders, you can compare interest rates from different lenders across the spectrum. With all this information, you can find your refinance clients the best loan with the most competitive interest rate, which could save them thousands of dollars in just a year.
In addition to our lower interest rates, we may be able to find a loan that offers a variety of different benefits and features, including:
- Additional repayments, redraw facilities, portability or offset accounts, all of which can save your client money on interest repayments while providing them flexibility.
- Unlocking their equity using a line of credit or borrowing more money
- Debt consolidation if they have multiple debts they are having difficulty repaying. Consolidating debt by refinancing their home loan can save them money because home loans have lower interest rates than car loans or personal loans.
Even if their reasons for refinancing or financial situations may cause your refinance client to be denied by a traditional lender, our team of expert brokers can sit down with you and your client to get a complete picture of your client’s situation. While lenders offer new clients their best interest rates, they aren’t always published publicly, meaning it can be challenging to find the best rates.
With Mortgage Street, you don’t have to guess which lender has the best rates. The answer lies with us. Our rates are the most competitive on the market, and we can save your clients thousands of dollars when they refinance their home loans.