Need to Know
If you do it well, refinancing your current home loan could save you thousands in repayments or free up equity to purchase additional assets.
Refinancing simply means shifting your loan from one lender to another. You might do this to take advantage of a better interest rate or longer loan term, or to access a desirable feature your existing home loan doesn’t offer.
The main reasons for choosing to refinance are:
Secure a better interest rate
Consolidate loans or pay off high interest debt
Draw equity to build or purchase an investment property
Home loan renovations
How does it Work?
Through getting to know you, your situation and your financial aims, we will be able to determine how we can support you.
Firstly, we meet to establish an accurate picture of your financial situation and what you require from your home loan. Most clients use this opportunity to get advice about other financial areas as well, not just home financing.
Next, based on your circumstances and needs, we compare an array of loan options using our specialist software to determine which is most appropriate for what you are trying to achieve.
Finally, we decide on the right home loan for your needs together, and should you decide to go ahead with an application, we will prepare the required paperwork and assist you through the entire application and settlement process.