Refinancing

Refinancing presents an opportunity to improve your cash flow and update a loan that may no longer suit your needs. We are specialist in assessing your current situation and matching it with the most suitable and competitive products available. We provide our specialist services from application through to settlement to make the procedure prompt and stress free.

We also maintain strong links with our clients post settlement, to ensure this loan keeps meeting your requirements and manage the customer service process for you.

Refinancing also provides an opportunity for debt consolidation. We are increasingly becoming a society dependent on credit and in particular credit cards. Clever marketing, liberal lending policies and the convenience associated with credit cards has seen consumers continue to increase their exposure to credit card debt.

We have helped hundreds of clients, with equity in their property, dramatically reduce their outgoings by consolidation their debts at home loan rates.

The Right Ways to Refinance

Here’s how to make sure refinancing leaves you better off – and a list of traps to avoid.

Pay off debts quicker and cheaper by rolling them into your home loan.

Right way
Make sure your new loan repayments get your loan paid off as quickly - or even faster - than the previous smaller home loan did.

Wrong way
Roll smaller debts into your home loan, but extend the term of your home loan - so that you are effectively paying interest on small debts over 30 years, instead of the previous one or two.

Raise money to buy a car, finance a business, take a holiday or achieve some other goal.

Right way
Identify how much you need, and set a repayment schedule that will pay off the larger loan in the minimum of extra time.

Wrong way
Borrow more than you need and end up facing repayments you cannot afford - leaving you on a downward spiral and needing to refinance again.

Get a cheaper rate

Right way
Move to a loan with fewer fancy features such as "offset", but which still allows you to make extra repayments and redraw later.

Wrong way
Change to an identical product from another lender just to save 0.1 per cent on your loan, so that you're actually worse off after accounting for fees and charges.

To speak to an expert Mortgage Manager about the right loan for you call
1800 24 86 86 or click here to submit a query.