The right time to refinance depends on several factors, including current interest rates, your financial situation, and your goals. Generally, it's worth considering refinancing if interest rates have dropped significantly since you took out your loan, your credit score has improved, you want to access equity, or you need to consolidate debt. Our experts can assess your specific situation and advise if refinancing makes sense for you.

There's no fee for our service, however, refinancing costs may include application fees, valuation fees, settlement fees, discharge fees from your current lender, and potentially lenders mortgage insurance if your equity is less than 20%. However, many lenders offer refinancing packages with reduced or waived fees, and the long-term savings often outweigh these upfront costs. We'll provide a clear breakdown of all costs involved so you can make an informed decision.

The refinancing process typically takes between 4-6 weeks from application to settlement. This timeline can vary depending on the complexity of your situation, the lenders involved, and how quickly you can provide required documentation. At Finsap, we work efficiently to streamline the process and keep you informed at every stage.