Can I use a RAMS Home Loan for refinancing my existing mortgage?

Yes, a RAMS Home Loan can certainly be used for refinancing an existing mortgage. Refinancing with RAMS allows borrowers to replace their current home loan with a new one that may offer better interest rates, more favorable loan terms, or access to additional funds. It is a common practice among homeowners looking to reduce their monthly repayments, consolidate debt, or increase their equity in the property. When considering refinancing, it is important to review the specific features and benefits offered by RAMS Home Loans, such as the various loan products available, interest rate options, and any upfront costs associated with the refinance process. The assessment usually involves a comparison of the existing loan terms with the new loan terms to ensure that refinancing is a financially sound decision. Additionally, potential borrowers should take into account any exit fees from their current lender as well as the possibility of different fees that may be applicable during the refinancing process. For the most accurate and current details, looking at the RAMS Home Loans website can provide helpful information regarding eligibility, costs, and the refinancing process.