Refinancing
When first getting a loan, your loan specialist will have assessed your current situation and taken into consideration your upcoming plans, so that you could achieve your goals.
However, time has a funny way of changing things and a lot may have happened between now and when you first got your loan. For instance, you may have changed jobs, got married, received an inheritance, separated from your partner, had kids, or had kids move out…the list is endless.
Whatever may have happened, it’s important that you determine whether the loan you have is still the ideal one for you.
Why refinance your loans?
Our clients refinance their home loans and consolidate their debts for a variety of personal reasons. Your circumstances will be different and we are sensitive to your needs and do not approach your financial situation as a one-size-fits-all solution.
Here are some examples of why our clients have refinanced their home loans:
- Fixed Term Expiry - your fixed interest rate term on your home loan has come to an end.
- Alter the Term of the Loan - you may want refinance over a longer term to lower repayments or a shorter term to pay off a debt quicker.
- Fewer or Lower Fees - you may be after lower fees than your current lender or they may be charging you too many fees.
- Access Home Equity - you can access the equity, the difference between the value of your home and what is left on your mortgage, held within your property for whatever purpose you need.
- Home Renovations - you want to renovate, extend or rebuild to increase the livability and/or value of your property.
- Lifestyle Purchases - you want to buy a car, boat, holiday, pay for a wedding or buy a plane!
- Generous Cashback Incentives - you want to take advantage of generous incentives offered by lenders.
- Debt Consolidation or Restructuring - you want to refinance your debt into one lower monthly repayment.
- Investment Opportunities - you want to invest in stocks, bonds or real estate.
- Starting a Business - you wish to start a business or a franchise.
- Upgrade Account Features - you wish to access things like an offset account, redraw facility or need flexible repayment schedules your current lender doesn't offer.
- Remove an Ex-Partner From the Debt - you have divorced and want to remove an ex-partner from the debt to own the property on your own.
- Lower Interest Rate - you want a loan which has a lower interest rate than your current lender.
Get a FREE Assessment by Phone
It doesn’t cost anything to find out
This is what makes our service so valuable. We will assess your position and determine the most competitive loan options with costing you a cent!
Get a better deal today!
With the wrong interest rate, or multiple loans with multiple interest rates, you could be paying too much and potentially spending money that you could be saving.
Let our loan specialists compare loans from our extensive panel of lenders, giving you more options to choose from.
You will also be guided through the entire loan process, from start to finish, continually provided with lender updates to ensure you know exactly what stage your application is up to.
- You won't have to fill in any application forms before to your verbal assessment
- Your refinance application will be a simple processes without any frustration
- Your refinance costings will be disclosed upfront – we don’t hide anything from you
- You will not find any predatory lending terms, fees or charges
- You won't be surprised with ridiculous upfront fees and charges
- Your refinancing application will be processed with the highest degree of skill and speed
- You will be able to access the widest array of lenders for even the trickiest of financial histories
- Responsible lending guidelines will be practiced with you at all times
Get in touch
For many, the idea of refinancing a mortgage can be daunting, but with the help from our experienced network of brokers, we take the hassle out of refinancing.
If you would like more information on refinancing, contact us today!