Why You Should Consider Refinancing and Debt Consolidation

Why You Should Consider Refinancing and Debt Consolidation

Managing your debts can be challenging, especially if you have a lot on your plate on a daily basis. Having to keep on top of your low doc mortgage business repayments, utility bills, and credit card payments can be tricky, especially if they have different payment due dates.


We know how difficult it can be to keep track of all your payments, especially if you’re working full-time or managing your own business. It is common for the modern individual to lose track of their finances and become overwhelmed with the multiple different entities they must consider.


Refinancing can offer you a better deal on your mortgage while debt consolidation can simplify the management of your financial repayments. It is important that you have a finance broker by your side who can inform you about the options that are best suited for you.


At Popovich Financial Services, we will consider your situation carefully and offer you the best solution, tailored to suit your personal needs.


Manage your debts easily

We can consider your financial situation for options of debt consolidation which reduce the stress you face managing multiple repayments.


If you have multiple credit cards, we know that it can get overwhelming to manage these bills over your mortgage repayment. By helping you consolidate your debt repayments, we’ll make it easier for you to keep track of the total amount of repayments you need to make.


Lower interest payable

By consolidating your debts, you can also potentially reduce the interest payable by switching to the lower rate offered on your mortgage repayments. This can lower your monthly repayments to a more manageable amount.


This is coupled with a longer repayment term however, so it’s important you are still fiscally responsible. Ultimately, this option is particularly helpful if your income can fluctuate month to month, so that you have a safety net when it comes to repayments.


Get a better deal

If you’ve had your mortgage for a couple of years, it’s likely that the market situation has changed. We can help you consider options for refinancing so that you get the best potential outcome for your mortgage.


Refinancing can help you make changes that offer a more satisfactory mortgage situation. Depending on market conditions, you could access a lower interest rate.


If you’re no longer happy with the mortgage loan you are on, it is possible for you to switch to a more suitable product which offers different features or a fixed interest rate for your peace of mind.


Access personalised advice

As your dedicated financial advisor, we can look into your specific financial situation to discuss the options that are right for you.


Whether you are having trouble managing your debts or are seeking a more suitable mortgage loan, we will provide you with our comprehensive knowledge of the options available.


It is important that you have an advisor who is dedicated to helping you through the situation with transparency, patience, and understanding. We have the experience and expertise to provide you with valuable advice about your options.