Up your home’s value
Another thing to consider is the current value of your home as much as possible (i.e. literally getting your house in order).
Do you still have that half-done bathroom reno staring at you every time you take a shower? What about that pesky DIY paint job you’ve been avoiding for the past three months? It’s time to don the overalls, roll up your sleeves and get stuck in. Trust us, you’ll be thanking your future self when the valuer pops by to inspect your home.
If the interiors are looking schmick and there’s not much to change, why not add a bit of greenery outside? Planting some shrubbery or flowers and adding some low-maintenance landscaping can add extra value to your home.
Tick off all of the above and you’ll be putting yourself in the best possible position to nail that refinance application and more importantly, put those freed up funds towards the things that matter most.