In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
As the terms and conditions of redraw facilities differ significantly among lenders, it is important to understand what's on offer before you take out the loan.You must continue to make your monthly instalments after you withdraw money from your home loan. It's vital to realise that because you're paying interest on a larger loan, the interest portion of your repayments will increase. Redrawing on your home loan is often a popular way to pay more money off your mortgage, while giving you the option of being able to use any additional funds you may have paid on top of your normal repayments for other purposes.
