Maximise Savings through refinancing
Refinancing is the process of taking out a new mortgage to replace an existing loan. While this can be with the same lender, it often involves switching to a different lender to get a better interest rate.
Is Refinancing Right for You?
Common Scenarios to Consider
Refinancing your home loan can be a strategic financial move in various situations.
Here are some common scenarios when you may consider refinancing:
Lower Interest Rate
If interest rates have significantly dropped since you obtained your mortgage, refinancing can help you take advantage of the lower rates and potentially save on interest payments.
Fixed-rate expiring
If your fixed rate is expiring, our current lender may offer you an interest rate which is much higher than the possibilities.
Change Loan Type
Refinancing also allows you to change your loan type, such as switching from an adjustable-rate mortgage to a fixed-rate mortgage, providing more stability and predictability in your payment.
Consolidating debt
Refinancing can also allow you to consolidate other debts, such as credit card debt, by using your home equity to pay off higher-interest debt.
Accessing equity
If you need funds for renovations, investments, or other purposes, refinancing can allow you to tap into the equity you’ve built in your home.
Need cash flow
Refinancing to a lower interest rate or extending your loan term can reduce your monthly mortgage repayments, freeing up cash flow for other expenses or investments.
Are you worried about coming off the FIXED TERM on your home loan?
Has your current lender offered you an interest rate with 7 at the front?
catchup or a meeting in person.How it works
What does working with us look like?
Here we list the steps we take when we complete your entire application online.
1.
Tell us about you
On a quick phone call we will discuss your objectives, current situation and best options.
2.
Your documentation
Complete our online ‘Fact Find’ and upload your identification and financial documents.
3.
Personalised advice
Next, we will align you with the best lender and loan structure – tailored to your circumstances.
4.
Submit application
We manage all the paperwork, the application process, the bank, the negotiation and all the stress
5.
Complete guidance
Once approved, our team will assist you through the signing of loan documents
6.
Finalise
Enjoy your new loan and hands on customer service for the life of your loan.
Are you wanting another type of service?
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We have numerous lenders that offer Self-Managed Super Fund purchases – at the lowest rates in the market! Chat with us to find out how you can achieve this.
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