Home Refinancing

Refinancing To Access Better Home Loan Deals

Refinancing your home loan could allow you to access cheaper rates new options such as offset accounts or even allow you to unlock additional equity in your home to renovate, buy an investment property or consolidate debt. When considering whether or not to refinance it is important to assess the long term benefits against the actual costs of refinancing. Get an assessment of how much switching loans could cost you from your local mortgage broker..

Points To Consider When Refinancing Your Home Loan

There are a number of points that you need to consider before refinancing your home loan.

You should ask your lender about any exit or deferred establishment fees that you will be required to pay when you switch loans.
What are the establishment fees on the new loan and are there any specials you could benefit from.
Find out if there is enough equity available in your property to go ahead.
If you are refinancing to a fixed loan or a honeymoon loan, find out what the repayments will be once the interest rate reverts.

More Information on Refinancing Your Home Loan

If you would like to find out which home loan options are in your best interest, call us on 13 LOAN (or +61 2 9249 3739 for international callers) or email us the form on this page and we will return your contact within 2 business hours

If you are considering refinancing make sure you do your research and talk to your local mortgage broker about your refinancing options.

Costs of Refinancing Your Home Loan

To ensure that the costs of refinancing will not outweigh the benefits of the new loan, conduct a comprehensive assessment of your finance situation. For an assessment of your current home loan or to talk to a mortgage broker about home loan options that are in your best interest, call us on 13 LOAN (or +61 2 9249 3739 for international callers) or email us the form on this page and we will return your contact within 2 business hours.

When Should I Consider Refinancing My Home Loan?

Apart from accessing cheaper interest rates and new products, there are a number of reasons why people opt to refinance their home loans. Most people will consider refinancing when:

Borrow more money to renovate, invest or for business
Consolidate separate loans (car, personal, business)
Take advantage of lower priced loans or better structured loans in the market

More information or help

For confidential assistance with your home loan or to talk to your local mortgage broker, call us at any time on 13 LOAN or call our direct line on +61 2 9249 3739.

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