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James Bunning

Refinancing

Free Home Loan Health Check 

If there’s one financial product that has a big impact on our lives it’s our home loan. It’s never been easier to switch from one loan to another, and in doing so you can put yourself ahead financially. Banks are competitive & the industry changes quickly, so chances are there are some great rates or features that weren't available to you before. 

 

So it’s good to know that you have the freedom to switch between different lenders & products, “as you life changes, so should your home loan.”

 

It starts with a FREE  Home Loan Health Check

The first step with refinancing is seeing if you would be better off with a different home loan product or lender. Our review will compare your current home loan with hundreds of others to see if we can find you a better deal. It only takes a few minutes and could save you money!

 

A lower interest rate could save you money | Find out with our home loan calculators 

 

We take into consideration your current circumstances as well as the repayments, remaining balance, and other loan features, as well as the offerings from other lenders. 

If we feel that your loan is no longer suitable or we find a better offering, we may be able to help you refinance to a new lender or reprice with your current lender for a better loan.

Refinancing refers to the process of paying out your current home loan by taking out a new loan, either with your existing lender or through a different lender. 

There are many reasons why you might consider refinancing such as securing a better interest rate or getting cash out of your loan.  

The process and timeline is similar to your original loan, and we typically require the same documents.

It is important to consider both the benefits and costs of refinancing.

 
Benefits
  • Secure a better interest rate
  • Access home equity
  • Consolidate debts
  • Taking advantage of different loan features
Costs
  • Exit fees
  • Borrowing costs
  • Lenders Mortgage Insurance (LMI)
  • Stamp duty

 

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