There are many different factors borrowers need to consider when thinking about refinancing a loan. The first step is to speak to an expert about your needs and whether you can afford to service a different loan structure. At this point, a Smartmove Mortgage & Finance Advisor will also need to find out about your existing loan, repayments and the structure of the facility. The current value of the property is also taken into consideration, so the mortgage adviser will have access to current data that will indicate what the asset…