Refinancing & restructuring
If your fixed rate is ending, or you haven't looked at your loan in two years, there's usually money on the table — and sometimes equity you didn't know you had. If there isn't, we'll say so rather than move you for the sake of it.
The triggers
Most people only think about their loan when something goes wrong. These are the moments when a quick check tends to pay for itself.
01
When a fixed term finishes, many loans roll onto the lender's standard variable rate, which is often higher than what that lender offers new customers. It's worth checking before it happens, not after the first higher repayment.
02
Rates, lender policies and your own situation all move. A loan that was competitive when you signed can quietly become average.
03
As the value rises and the loan comes down, equity opens up in between. A refinance is one way to get at the usable part of it — for a renovation, an investment deposit, or tidying up other debt. The equity calculator gives you a first look.
04
A new income, a new business, a separation, or a plan to buy again. The loan that suited your old situation may not suit the next one.
The honest bit
A lower rate is only half the sum. Here's what goes on the other side of it, so you can see the real saving.
The honest version: a lower rate isn't automatically a better loan. We weigh the saving against the cost of switching, and if the numbers don't stack up we'll tell you to stay where you are.
Restructuring
If you plan to buy again, how your existing loans are set up decides how easy the next purchase is. This is where an accounting and tax view of the numbers earns its keep.
Structure
When two of your properties secure the same loan, selling or refinancing one means renegotiating both. Where it makes sense, we separate them so each property stands on its own.
Easiest to fix before the next purchase, not during it.
Equity
Equity can be released into its own loan split, rather than topping up the original. That keeps the loan on the property you live in and the loan funding the next purchase apart, and easier to manage.
Usable equity is a lender's number, not just yours.
Features
An offset account reduces the interest you're charged while keeping your money accessible. Splitting a loan lets part sit on a fixed rate and part stay variable, so you get certainty on some and flexibility on the rest.
Worth having if it suits how you actually save.
Paperwork
None of it is hard to find. It just goes faster when you have the list before you start.
Clients
Ankur and his team helped us with refinancing our property and the experience couldn't have been better. We went through multiple rounds of discussions, revaluations and strategizing before finally finding a lender that was suitable. All through this, Ankur was very patient and responsive.
Questions
At least once a year, and always before a fixed rate ends. Most people never check, which is exactly why the gap between what they pay and what's available tends to grow.
Every application leaves an enquiry on your credit file, and a run of them makes the next lender nervous. That's why we check your position against lender policy first and apply once, to the lender most likely to say yes — rather than applying around to see what happens.
Often, yes — if you have usable equity and the lender is satisfied your income can carry the larger loan. Lenders will generally lend up to 80% of a property's value, so usable equity is that 80% minus what you still owe. What you use it for matters too, and for an investment purchase the way it's structured matters a great deal.
For most residential loans, nothing. The lender pays us a commission when your loan settles, and it doesn't change the rate you're offered. A small number of complex or commercial files carry a fee — if yours is one, we tell you the amount in writing before any work starts.
In your corner, from first call to fourth property
A new ABN, a decline from your bank, an SMSF loan that needs refinancing, or a portfolio that has stalled. Book a time, and we'll tell you what's actually possible.
