Refinancing

Refinancing

Are you paying too much for your loan?

Market conditions and your financial status can shift over time. If it has been a few years since your previous review, there is a good chance that interest rates have changed or your financial situation has improved, potentially qualifying you for a lower rate and better terms.

Home Loans

Rates from

5.69% p.a

Comparison rate

6.34% p.a

Investment Loans

Rates from

5.99% p.a

Comparison rate

6.52% p.a

*Comparison rates for home loans are based on a loan amount of $150,000 over a 25-year term. Principal and interest repayments. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Discover how a better mortgage rate can save you money.
Contact us today to find out more!

Are you paying too much for your loan?

Market conditions and your financial status can shift over time. If it has been a few years since your previous review, there is a good chance that interest rates have changed or your financial situation has improved, potentially qualifying you for a lower rate and better terms.

Home Loans

Rates from

5.69% p.a

Comparison rate

6.34% p.a

Investment Loans

Rates from

5.99% p.a

Comparison rate

6.52% p.a

*Comparison rates for home loans are based on a loan amount of $150,000 over a 25-year term. Principal and interest repayments. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Discover how a better mortgage rate can save you money.
Contact us today to find out more!

  • Negotiating with Your Lender:

When it comes to securing a better rate from your current lender, sometimes all it takes is asking. When a broker handles requests, they frequently are more successful. Additionally, having more equity in your property increases your chances of negotiating a favourable rate.

  • Debt Consolidation: 

Debt is a common part of life, but high interest rates on credit cards and personal loans can lead to financial stress if not managed effectively.

If you have a mortgage, leveraging the equity in your property can allow you to consolidate multiple debts into your home loan. This means you’ll make one simplified repayment at a significantly lower interest rate compared to credit cards.

  • Consider Refinancing with an Alternative Lender: 

Lenders vie for business by offering competitive rates and unique loan features. If you’re dissatisfied with your current lender’s offerings, there are typically other options available.

Exiting a fixed-rate term early might involve breaking fees. It’s crucial to consult with a mortgage broker to determine whether the long-term savings from lower repayments will surpass these costs.

Refinancing could also enable you to shorten your loan term and select additional features not currently available, such as flexible repayments, redraw facilities, or loan splitting.

  • Experiencing Financial Hardship? 

If you’re struggling to meet your repayments, we understand the challenges you’re facing. Here’s how we can help:

  • We can help switch your repayments from Principal and Interest to Interest-only, temporarily reducing your monthly obligations.
  • Utilise offsetting payments to potentially lower the amount of interest you pay over time.
  • Access any extra repayments you’ve made through the loan’s redraw feature, providing liquidity when needed.
  • In severe cases, our brokers can request a temporary pause in repayments from your lender, offering immediate financial relief during difficult times.

Our goal is to help you navigate financial hardships with practical solutions tailored to your needs. Contact us to find out more about how we can support you.

Negotiating with Your Lender:

When it comes to securing a better rate from your current lender, sometimes all it takes is asking. When a broker handles requests, they frequently are more successful. Additionally, having more equity in your property increases your chances of negotiating a favourable rate.

Debt Consolidation:

Debt is a common part of life, but high interest rates on credit cards and personal loans can lead to financial stress if not managed effectively.

If you have a mortgage, leveraging the equity in your property can allow you to consolidate multiple debts into your home loan. This means you’ll make one simplified repayment at a significantly lower interest rate compared to credit cards.

Consider Refinancing with an Alternative Lender: 

Lenders vie for business by offering competitive rates and unique loan features. If you’re dissatisfied with your current lender’s offerings, there are typically other options available.

Exiting a fixed-rate term early might involve breaking fees. It’s crucial to consult with a mortgage broker to determine whether the long-term savings from lower repayments will surpass these costs.

Refinancing could also enable you to shorten your loan term and select additional features not currently available, such as flexible repayments, redraw facilities, or loan splitting.

Experiencing Financial Hardship? 

If you’re struggling to meet your repayments, we understand the challenges you’re facing. Here’s how we can help:

We can help switch your repayments from Principal and Interest to Interest-only, temporarily reducing your monthly obligations.
Utilise offsetting payments to potentially lower the amount of interest you pay over time.
Access any extra repayments you’ve made through the loan’s redraw feature, providing liquidity when needed.
In severe cases, our brokers can request a temporary pause in repayments from your lender, offering immediate financial relief during difficult times.

Our goal is to help you navigate financial hardships with practical solutions tailored to your needs. Contact us to find out more about how we can support you.

Struggling with repayments?
Find out how we can help you!