How does refinancing work?

Refinancing is similar to the process you went through to get your original loan. A refinance application is submitted to the lender and once approved and drawn down, your new lender will pay out your current home loan and you commence repayments on the new loan.

Given that you’ve been through all this before, you’ll know that your personal situation and other factors mean that there can be many differences, even between two home loans that may appear the same, so it’s smart to have an expert look into your refinancing options.

• Interest rates
• Comparison rates
• Loan structure
• Loan features
• Fees
• The lender themselves
• Appropriateness for your current financial position (existing investments or additional loans)
• Alignment with your lifestyle and financial goals

That is why we work alongside with you to ensure that your refinance is with right lender at the best rate for you.