Home Loan Refinancing
Is it time to make a change?
Refinancing your home can be a smart, efficient way to potentially save money on your mortgage.
We’ll take the time to thoroughly understand why you want to do this, and then formulate a solution based on your needs. We’ll provide calculations and various assessment scenarios throughout the application process so that you can make an informed decision about what’s in your best interests.
We are committed to providing you with timely and accurate communication throughout the entire process.
Benefits of refinancing your mortgage
Lower interest rates could be available to you
Potentially decrease monthly payments
Pay off your debt sooner
Leverage equity in your home
Finance a new car or home renovation
Consolidate your debt
Make better financial decisions
How It Works
The following timeline provides an overview of the steps involved in refinancing your mortgage.
01
Interview via Phone or Video Call
Once you have outlined your goals and objectives for the mortgage, we will discuss with you the various options available. We will then work with you to select a lender and mortgage product that is most suitable for your needs.
02
Mortgage Application Process
Upon receipt of all required documentation, your mortgage application will be lodged with the lender.
For eligible applicants, this includes the First Home Owner Grant (FHOG) and other relevant government grants.
03
Conditional Approval/ Valuation Reports
The lender will provide conditional approval that is contingent on certain conditions being met. At this time, the lender may order a valuation report on your property.
04
Unconditional (Full) Approval
Once all conditions have been met and a satisfactory valuation of the property has been completed, the lender will issue an unconditional approval.
05
Mortgage Documents & Settlement
We will review the loan offer contract within 2-3 days of loan being approved, prior to you signing it
The lender will coordinate with your existing lender to complete the refinancing process.