Refinancing your home loan can save you money, improve your cash flow, or help you reach new goals — but knowing when and how to do it is key. Before you make the switch, here’s a simple checklist to make sure you’re getting the most out of your refinance.
1. Review your current loan
Start by checking your current interest rate, repayment amount, and remaining term. If it’s been over two years since you last reviewed your mortgage, chances are there’s a better deal available.
2. Check your credit and income
Lenders will want to see stable income and a good credit history. Having your payslips, tax returns, and recent statements ready will make the process faster and smoother.
3. Compare lenders and rates
Every lender has different rates, fees, and policies. As your broker, we’ll do the heavy lifting — comparing dozens of options and negotiating on your behalf.
4. Calculate the costs
Some lenders charge break fees or discharge costs. We’ll help you weigh up the savings versus any short-term costs so you can make an informed choice.
5. Make the switch
Once you’ve chosen the right loan, we’ll handle the paperwork and coordinate with both lenders for a seamless transition.
Thinking about refinancing?
Speak with us today → we’ll find out if switching could save you thousands.