Restructure & Refinance
1 June 2019
Analysis of loan structure & rates
The Brokerage was initially engaged by our clients to review their loan structure and current interest rates.
As part of the analysis conducted by The Brokerage, we established the existing facility called upon too many security properties and had marginally higher interest rates compared to the market. The client then further enlisted our services to negotiate with their current lender and the market to provide a competitive offer.
As a result, we were able to introduce the client to a new lender and facility which released four properties, including three family homes and one commercial property from existing mortgages and saved the client approximately $35,000 annually in interest repayments.