Timmothy Burns
July 31, 2023

Home loan gymnastics

Unlock the Potential of Your Mortgage: Discover the Possibilities in Australia

At Tandara, we believe that your mortgage should be more than just a loan. It's a powerful financial tool that can offer you flexibility and opportunities to enhance your financial well-being. Let's explore some key features of mortgages in Australia and how they can work for you.

  1. Redraw:
    Have you been making extra repayments on your mortgage? With the redraw feature, you can access those additional funds when you need them. Whether it's for a well-deserved vacation, unexpected expenses, or investment opportunities, the redraw facility allows you to tap into your accumulated equity. We'll guide you through the process, ensuring you understand the terms and conditions associated with redraw and how it can benefit you.
  2. House Renovations:
    Is your current home in need of a makeover? Instead of seeking additional financing options, you can leverage your existing mortgage to fund your house renovations. By refinancing or utilizing the redraw facility, you can access the equity you've built in your property and transform your house into your dream home. Our team will assist you in exploring the best options to finance your renovations while ensuring a seamless borrowing experience.
  3. Refinance and Cash Out:
    Refinancing your mortgage allows you to take advantage of better interest rates, improved loan features, or changing financial circumstances. But did you know that refinancing can also provide you with the opportunity to cash out? By refinancing your mortgage, you can access a portion of your home's equity in cash. Whether you want to invest, consolidate debts, or pursue other financial goals, our mortgage experts will help you navigate the refinancing process and unlock the cash you need.
  4. Top-Ups:
    If you need additional funds for a significant life event, such as a wedding or education expenses, a top-up on your mortgage can be an ideal solution. With a top-up, you can borrow more against your existing mortgage, taking advantage of the competitive interest rates and terms you already have. We'll assess your eligibility and guide you through the process, ensuring a hassle-free experience while securing the funds you require.

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