Debt consolidation – Debt consolidation offers you a chance to make one, affordable payment every month on a number of extraneous debts at a lower interest rate. It saves time, money, and helps homeowners with their household budgeting.

Home renovations – Owning a home comes with responsibilities besides making the payment every month. You are also required to maintain and update your home as needed. Sydney Inner West home renovations range from room extensions to floor additions.

Obtain a better interest rate – It’s not uncommon for a homeowner to take advantage of lower interest rates by refinancing. If you financed your home when interest rates were higher than they are now, this option is beneficial. If your credit rating has improved since your first financed your home, refinancing for a lower interest rate is an excellent decision.

Low rates –  The smartest thing for homeowners to do right now is to take a look at their current loan and rate, do some research, talk to your local mortgage broker, and consider if it is worth refinancing by moving to a lower interest rate product.

Lower payment – If you lower your interest rate, you may lower your overall monthly payment. For many homeowners on the Sydney Northern Beaches, being able to gain control of their budget and have extra dollars to save or spend on the family is important.

Renovate – If you have been thinking about renovating your Northern Beaches home, now is a great time to do it. Maybe a new kitchen or bathroom? The opportunity with renovating is that it can add incredible value (and profit) to your property.

Upgrade – If you think you have outgrown your current house, it could be an excellent period to upgrade and buy a larger one. Family-sized homes are hot real estate right now.

Self–employed – If you are a small business and have been thinking of buying new equipment or expanding your business, now is a good time to consider speaking to a finance broker and see if there are any small business loan products that you can qualify for.