Your home loan isn’t just about getting approved; the interest rate and features matter a lot in the long run. As the market changes, you want to make sure your loan is changing with it. Refinancing refers to the process of paying out your current home loan with a new loan from the same lender or with a new lender. Refinancing can be an important part of your long-term financial strategy, and support you to achieve your goals.
- Switching to a lower interest rate
- Securing better features that weren’t available to you before
- Consolidating your debt
- Accessing equity for renovation or investment
- Switching lenders if you don’t like your current one
- Releasing additional funds
- Bonus: making the most of current cashback offers
The very first thing to consider is whether there is a better deal out there to refinance to. Our complimentary ‘Home Loan Health Check’ helps to compare your current loan with hundreds of others available, to see if there’s an option that will lower your overall repayments and offer features to suit your needs. If you decide to go ahead with the refinance, the Fund Finance team will complete the application for the new loan and discharge from your current lender. We will do all the research for a new deal, and all the legwork, so you can just enjoy the benefits of refinancing.
All Information on this website is general information only and is subject to change. Your complete financial situation will need to be assessed before acceptance of any proposal or product.