Refinancing your home loan can be a great way for most people to shorten their loan term to save on interest. It can also be a viable option for those who want to change their loan type and lower their interest rate.
However, it’s an unfamiliar process for most people and this unfamiliarity often dissuades them from going through it. Use this home loan refinance form template from Clustdoc to simplify the process and help your clients refinance their mortgage in a simple and convenient manner.
The template is incredibly easy to use and is divided into three parts. In the first part, people interested in refinancing their mortgage will be able to provide details about their income through documents that show their salary/wages, commission/bonus, rental income, and government benefits/child support.
In the second part, they will be able to show their assets and liabilities by uploading documents about their savings and liabilities.
As for the last part, it allows the interested individuals to upload their home loan statement and clarify the loan purpose.