Refinancing your mortgage
Refinancing? We’ve outlined our process below and are here to help make it smooth and stress-free.
Refinancing your mortgage
What Is Mortgage Refinancing?
Refinancing your mortgage in New Zealand means replacing your current home loan with a new one - often from a different lender - to take advantage of better rates, change your loan structure, or access extra funds. Homeowners commonly refinance when market conditions or their circumstances change.
Why Consider Refinancing?
• Lower Interest Rates: Secure a better rate and reduce your monthly payments.
• Access Equity: Tap into your property’s increased value to fund renovations, investments, or other needs.
• Restructure Your Loan: Change your loan type or adjust the term to suit your goals.
• Consolidate Debt: Combine debts for easier management and potentially lower interest costs.
• Change Lenders: Move to a lender offering more competitive rates or better service.
We have some great contacts so if you need any further information or a Broker to discuss this with we can help you out with that too.
Ninka Hall
+64 27 291 2860
ninka@abodelegal.co.nz
Grace Fox
+64 27 557 7081
grace@abodelegal.co.nz
