Kandid Loans

Refinancing your home loan can be one of the smartest financial decisions you make—especially if you’re looking to lower your repayments, shorten your loan term, or access your home equity for future plans. But the process can feel overwhelming without the right guidance. As an independent mortgage broker in Sydney , Kandid Loans helps homeowners navigate refinancing with confidence, clarity, and expert insights. If you’re thinking about refinancing, here are five essential tips every borrower should know. 1. Understand Your Refinancing Goals Clearly Before beginning the refinancing process, it’s important to understand why you want to refinance. Is your goal to reduce your monthly repayments by securing a lower interest rate? Do you want to switch from a variable to a fixed loan? Are you looking to consolidate multiple debts into one manageable payment? Or perhaps you want to access equity for renovations or investment? Knowing your goals helps you and your mortgage broker determi...

Buying a home is one of the biggest financial decisions you’ll ever make, and choosing the right home loan term plays a major role in shaping your long-term financial comfort. With so many options available, it’s easy to feel overwhelmed — but understanding the basics can help you make a confident and informed decision. Whether you’re a first-home buyer, refinancing , or upgrading, selecting the right loan term can save you stress, time, and thousands of dollars over the life of your mortgage. Home loan terms typically fall into short-term and long-term options. Shorter loan terms generally mean higher monthly repayments but significantly less interest paid overall. This option is ideal for people who want to be debt-free sooner, have strong income stability, and can comfortably manage higher repayments. On the other hand, longer loan terms spread repayments over a greater period, making monthly instalments more affordable and budget-friendly. This can be helpful for young families, fi...