Refinancing
To put yourself ahead financially, it’s great advice to check your current home loan and stay up-to-date with interest rates and new options available. Does your current loan still suit you?
Banks are competitive & the industry changes quickly, so chances are there are some great rates or features that weren't available to you before.
You have the freedom to switch between different lenders & products, “as your life changes, so should your home loan.”
Start 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.
A lower interest rate could save you money | Find out with our home loan calculators
We’ll look at your current circumstances, your future plans, current repayments, outstanding balances, and other objectives in doing a full and proper review.
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.
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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Contact Peter Reynolds and the team at Mortgage Choice on 03 6333 0444 or email peter.reynolds@mortgagechoice.com.au
Smoother experience as they have all your information.
Better understanding of your financials to provide tailored advice. 
Faster response compared to being matched with a new broker.
