Paying off your mortgage faster can save you thousands in interest and give you greater financial freedom. But what strategies actually work, and what risks should you be aware of? In this video, we break down smart mortgage repayment techniques, including the benefits and drawbacks of using a revolving credit facility to accelerate debt reduction.
This video explores key mortgage strategies, including how restructuring your loan can impact your long-term finances, the differences between a revolving credit and a fixed loan, and whether you can re-access funds. We also discuss who qualifies for revolving credit, its effect on borrowing capacity, and real-life client success stories. Watch now to learn how to take control of your mortgage and pay it off faster.
Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact an adviser from mortgagehq.