Refinancing
Is your current loan still working for you?
Rates and lender policies shift constantly. We check your loan against what's actually available right now, and only recommend switching if the numbers stack up.
When refinancing makes sense
Plenty of Fraser Coast homeowners are sitting on loans they took out years ago without ever checking whether a better deal has come along. Lenders regularly change their rates and policies for new customers without automatically passing the benefit on to existing ones — refinancing is how you make sure you're not the one subsidising someone else's better deal.
Common reasons Fraser Coast homeowners refinance
- ✓ A better interest rate has become available elsewhere
- ✓ Consolidating other debts into the home loan at a lower rate
- ✓ Releasing equity for renovations, a Fraser Coast investment property, or other goals
- ✓ Switching from a variable to fixed rate (or vice versa) as circumstances change
- ✓ A change in income or family situation that means a different loan structure suits better
What we check before recommending anything
Switching lenders isn't free — there can be discharge fees, new establishment costs, and if you're on a fixed rate, break costs. We weigh those against the savings over the remaining life of your loan and give you a genuine cost-benefit picture, not just a headline rate.
Get a free refinance check
Tell us a bit about what you're after and we'll be in touch within one business day.
Common questions
Refinancing questions
How do I know if refinancing is worth it?
It's not just about the interest rate — exit fees, new lender fees, and how many years you have left on your loan all factor in. We run the numbers before recommending anything, and we'll say so if refinancing isn't worth it yet.
Can I refinance if I'm self-employed?
Yes, though the income documentation lenders want differs from PAYG borrowers. We know which lenders on our panel take a sensible view of business financials.
Will refinancing affect my credit score?
A refinance application involves a credit check, which can cause a small, temporary dip. We help you avoid multiple applications by identifying the right lender first, rather than shot-gunning applications.
How long does refinancing take?
Typically a few weeks from application to settlement, depending on the lender and how quickly documents come together. We keep things moving and keep you updated.
Not sure if refinancing is worth it?
We'll run the numbers for free and tell you straight — even if the answer is 'not yet'.
Get my free assessment