Funding Assist

Refinancing and Debt Consolidation

Types of Refinancing/debt consolidation loan

  • Rate-and-Term Refinance: This option allows you to adjust your loan’s interest rate and term, potentially lowering monthly payments and overall interest costs.
  • Cash-out Refinance: Ideal for accessing the equity in your home, this refinancing lets you borrow more than you owe and use the extra cash as needed.
  • Cash-in Refinance: This involves paying a lump sum towards your mortgage balance, helping reduce monthly payments and interest rates.
  • Consolidation Refinance: Merge multiple debts into a single loan, simplifying repayments and often reducing the interest rate.
  • Personal Loans: A versatile option for consolidating various debts, offering fixed interest rates and predictable monthly payments.
  • Balance Transfer Credit Cards: Transfer existing high-interest debts to a card with a lower interest rate, often used for smaller debt amounts.
  • Home Equity Loans: Utilize the equity in your home to pay off debts, typically offering lower interest rates than other loan types.

Benefits of Choosing the Debt consolidation refinance Loan in Melbourne

lower interest rates

 Consolidating debts often results in lower interest rates, reducing the total cost over time.

simplified payments

Merging multiple debts into one loan streamlines your finances, making it easier to manage monthly payments.

improved credit scores.

Consistent, on-time payments towards a consolidated loan can positively impact your credit score.

Why Funding Assist is Your Ideal Choice for Refinancing and Debt Consolidation

Funding Assist stands out in Melbourne’s financial landscape for its personalized refinancing and debt consolidation approach. Our team of seasoned advisors excels in crafting tailored solutions that align with your financial goals.

We prioritize understanding your unique situation, ensuring that our refinancing options alleviate your current financial burdens and pave the way for a more secure financial future. With Funding Assist, you gain a partner committed to realizing your financial aspirations.

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Easy Steps to Check Your Eligibility for Refinance and Debt Consolidation Loans in Melbourne

1. Assess Your
Financial Situation
Review your current debts, income, and credit score to understand your financial standing
2. Gather Necessary Documentation
Prepare essential documents such as proof of income, employment, and existing debt details.
3. Consult with
Funding Assist
Reach out to our team for a personalized consultation, where we'll evaluate your specific needs and goals.
4. Review Your
Options
Reach out to our team for a personalized consultation, where we'll evaluate your specific needs and goals.
5. Apply for the
Loan
Once you've selected the best option, we'll guide you through the loan application process, ensuring a smooth and efficient experience.
6. Approval and
Disbursement
Upon approval, the loan will be processed, and funds will be used to pay off existing debts, consolidating them into a single, manageable loan.

Our Client Reviews

Renee Lesa
★★★★★
Being a first home buyer can be stressful. Harmeet, took all that stress away by guiding us through every step of the way. She made both me and my partner feel so comfortable, and really made us understand everything we were signing and getting ourselves into throughout the whole process. Harmeet helped Me and my partner achieve one of our long term goals! Could not be any happier. I would definitely recommend Harmeet, she's a top notch broker.
Pridula Mudela
★★★★★
Dealing with Harmeet and Simar has been an absolute delight. As someone who has worked with mortgage consultants in the past, I can say with confidence that their service is unparalleled. They handled everything from the start of our engagement to the settlement, and I never had to follow up for updates. They made the entire process look effortless, and I am definitely coming back for their outstanding service.
Stephen Charles
★★★★★
I and my wife were introduced to Funding assist by a friend and when we called to inquire, we were able to find the help we were looking for. Harmeet started helping us with the process. We discovered that Harmeet was professional, friendly, supportive and hard working.Through her experience and expertise, our application was approved in a short period of time than we expected.We strongly recommend that if you are looking for someone to make you happy in the process, this is the right person. She never gives up until she brings a smile on your face.Thank you
Christine Lamwaka
★★★★★
Harmeet has been very helpful from the start to the finishing line. It was my first time experience as this is my first home. My instinct made me trust her from the beginning. She was very professional, loving and responsive in all her dealings with me. Harmeet offered me all available options. At-large the whole team were very helpful and they understands people's circumstances are different and they tailored their services to individual's circumstance. Big thank you to Simar Singh too my initial contact. Well done Harmeet.
Jennifer M
★★★★★
There's not enough stars to give Harmeet and her team of superstars! Exceptional service, fabulous result! Harmeet provided a solution that enabled us to transition our home into an investment property (with our bank's proposal we needed to sell) and buy our new home without a bridging loan. All this within an impossibly tight timeline (at every turn we were told what we were attempting time wise couldn't be done). Harmeet worked tirelessly to get us across the line, and all with a fabulous smile! The long term benefits of keeping our other home will be reaped for years to come. Hugely happy and would highly recommend (though go early in the process not somewhere near the end like we did). Truly outstanding service. Thank you!
Vennela Thottempudi
★★★★★
We met Harmeet when we were In desperate need of a good broker, and she definitely proved to be the best. The whole process of buying a home can sometimes be a daunting task, but she always made sure that we are happy, aware of complete details and made sure everything went smooth. I highly recommend her to anyone who is looking for their first home.Once again, Thank you so much Harmeet and team for making our dream come true.
Paul Sabato
★★★★★
Harmeet at Funding Assist has been an incredible help with mortgage queries and refinancing. I can always count on Harmeet to find me the best deal and to help save me money.I've been a customer of Funding Assist for a couple of years and throughout this time have refinanced as well as purchased a property. If you are looking for the service of a person who:- Is understandingHas a good attention to detail (Harmeet has even spotted errors the bank has made)Is quick to respond- Is hard working- Is knowledgeableIs able to give great adviceI recommend you get in touch with Harmeet. I will definitely be contacting her next time I need to refinance or take out a new loan.

Frequently Asked Questions

A: Debt consolidation involves combining multiple debts into one loan, typically with a lower interest rate. Refinancing, on the other hand, is the process of replacing an existing loan with a new one, often with different terms or interest rates. At Funding Assist, we specialize in both, helping you choose the best option for your financial situation in Melbourne.

A: Yes, debt consolidation can be an effective strategy to get out of debt, significantly if it reduces your interest rate and simplifies your payment process. Funding Assist offers expert guidance in Melbourne to ensure your debt consolidation strategy is tailored to your financial goals.

A: Obtaining a loan for debt consolidation can be beneficial if it results in lower interest rates and simplified payments. At Funding Assist, we assess your circumstances to determine if a consolidation loan is the right choice in Melbourne.

A: Remortgaging for debt consolidation involves taking out a new mortgage loan to pay off your existing mortgage and other debts. It could lower your overall monthly payments. Funding Assist can help you navigate the remortgaging process in Melbourne, ensuring it aligns with your financial objectives.

A: A potential disadvantage of debt consolidation is extending the loan term, which might increase the total amount paid over time. However, Funding Assist in Melbourne carefully considers your long-term financial health to minimize such risks when consolidating your debts.

A: To consolidate your debts in Australia, evaluate your current debts and financial situation. Then, explore consolidation options like personal loans or balance transfer credit cards. Funding Assist in Melbourne offers personalized advice and solutions to consolidate your debts effectively, ensuring a strategy that fits your financial needs.