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Refinance?

Discussion in 'Finance & Banking' started by Triu, 20th Jul, 2007.

  1. Triu

    Triu Well-Known Member

    Joined:
    1st Sep, 2006
    Posts:
    161
    Location:
    WA
    Question for the brokers - I have currently have a Low Doc variable rate with RAMS and Line of Credit linked to the IP. If i refinance the both loans after the 1 year period will i be up for more fees? I am using the self employed propack.

    I am not sure if i can refinance both loans into 1 without paying more fees

    Can I consolidate the LOC (which would be a higher rate) back to the other loan split to save money?
     
  2. Simon

    Simon Well-Known Member

    Joined:
    17th Sep, 2005
    Posts:
    520
    Location:
    Newcastle
    Have a read of your contract which will specify fees. Or give them a call. They should be able to answer those questions in the time it took you to post it here! :)

    Cheers,