What is the process for refinancing? What are the benefits?
We can help you to lodge an application so we can understand what you need to borrow, your income details as well as understand what you own and/or any loans or credit you owe. That way we can let you know if we can help with your refinance.
As well as having certain parts of your application we have you confirm and contract you need to accept, we also have you authorize Beyond Bank to get in touch with your current financial institution to refinance your loan.
There can be many benefits including the ability to borrow extra funds, reducing the ongoing loan repayments, having the one loan if you choose to consolidate other facilities.