There are plenty of reasons to consider refinancing your home loan. Since lenders rarely reward loyalty, it’s a smart move to regularly review your loan and explore better options. Here are some potential benefits:

• Save with lower rates
  Interest rates fluctuate, and your current rate might no longer be competitive. If you have a variable rate or your fixed-rate term is ending, refinancing could help you negotiate a lower rate with your lender or switch to one offering better terms.

• Better features, tailored to you
  Home loans aren’t one-size-fits-all. Upgrading to a loan with features like more flexible repayment options, an offset account, or a redraw facility can help you save money over the life of your loan. On the flip side, if you’re not using the features of your current loan, switching to a more basic loan could reduce fees and simplify your finances.

• Consolidate your debts
  If you’re managing multiple debts like personal loans, car loans, or credit cards, refinancing allows you to combine them into your home loan. This simplifies your repayments and may save you money on interest. We’ll evaluate fees and repayments to ensure this option works for your financial situation.

• Unlock funds for your goals
  Whether you’re planning a renovation, upgrading your car, or pursuing another project, refinancing can help you tap into the equity in your home. This gives you access to funds to turn your plans into reality.

Refinancing is about more than just a better rate—it’s about finding the loan that suits your life and goals. Let us help you explore your options.