Refinancing | Craigieburn, Mill Park & Thomastown

Why refinance?

Refinancing is a powerful tool for homeowners: it can save you money on repayments and even knock years off your loan term. But knowing what other options are out there can take days of research if you're going it alone. As your Mortgage Broker team in Craigieburn, we specialise in comparing thousands of loans at once and saving our clients money. Let us help!

Here are some great reasons to refinance:

You want to see if you can get a lower interest rate or better features.
You would like to switch lenders or restructure your loan.
You are coming to the end of a fixed-rate term.
You would like to consolidate debt into your home loan.
You would like to access your equity to renovate or invest.

Our Loan Calculators

The Refinancing Process:

Step 1: Review

The first step in the process is to review your needs and what you want your home loan to look like. Do you want to free up cash flow? Access equity? Or simply lower your repayments? Your goals for the refinance will guide our team on where to look for a better option.

Step 2: Your options

Our Mortgage Broker Craigieburn team will then go to your current lender to see if they are willing to offer a discount on your current rate. That can sometimes be the easiest and quickest way to save money! After that, we go to our panel of over 35 lenders to see what else is on offer and do some quick negotiations with lenders we know would want you as a client.

Step 3: Ready, set, refinance!

We then bring the current offers to you and chat about the savings each option offers, as well as what the cost would be to switch your loan. Our Mortgage Broker team will make sure that a switch will leave you better off, whether it's saving on repayments or achieving your next property goal.

Finding you a better deal on your loan

Our Mortgage Broker team in Craigieburn & Mill Park offer a free review of your home loan because we know that the banks can often do better! We work for you, to get a better deal.

Find out more about us

Common refinancing questions

How often should I be reviewing my loan?

We would usually suggest reviewing your loan at least every two years so that you have peace of mind that your home loan is still the right one for you. The finance and property markets change quickly, so a regular review is a great way to ensure that you're not paying more than you should be. Book a free review of your home loan with us here.

Can I just ask my current lender for a discount?

The answer is a resounding yes! Just like with any other provider, you should be asking regularly for a discount. Your lender might be offering cheaper rates to attract new business which is a great time to ask them to reduce your rate as a current customer. The good news is, our Mortgage Broker Craigieburn team can do this for you! With every review, our first step is to contact your current lender to see what kind of discount they're willing to offer you.

Let's take the next step - together

Our team has decades of home loan and finance experience behind us, which is why our clients trust us to find them the right deal. We would love to see if we can save money on your home loan!

As your local Mortgage Broker team, we service the areas of Craigieburn, Mill Park, Lalor, Thomastown and right across Melbourne. We can chat with you in-person or by phone or video chat.

Call Tim and the Mortgage Choice team on 0474 596 692 or click below to book an appointment.

Call: 0474 596 692 Book an appointment