Refinance Your Home Loan in Perth

Yes, especially when rates have been cut. You can also reduce repayments, unlock equity or switch to a more suitable lender.

Refinancing your mortgage can be a strategic financial decision. It is ideal to consider refinancing when you can secure a lower interest rate than your current loan, or when you want to change your loan type. If you want to refinance, it’s important to calculate the break-even point to understand how long it will take to reap the savings. More details on this in a recent Strategic article about what refinancing is.

They generally mean the same thing in Australia: switching your current home loan to a new one. In remortgaging, you stay with your initial lender, whereas in refinancing, you switch to a new lender.

It depends on the market, your financials and property. But as one of Perth’s top brokerages, we leverage relationships with 30 lenders to often beat average mortgage rates. We’ll outline projections in our initial consultation.

Yes! Many choose to refinance to consolidate other debts onto their home loan or access equity for investments or renovations. We determine your options around borrowing capacity to optimise your financial position.

You can refinance whenever your situation changes – when fixed terms expire, moving properties, or better rates arise. However, avoid refinancing frequently as too many credit checks may temporarily impact lending eligibility. Get in touch with our refinance brokers for recommendations based on your situation.

We’ll provide a simple checklist of what we need – latest statements, pay slips, tax returns, council rates notice and property management statement if applicable. Our admin team can liaise with your existing bank to retrieve latest documents too.

Yes! Our mortgage experts leverage strong relationships across 30 lenders to negotiate reduced rates, saving clients thousands of dollars over typical loan terms. We’ve helped many Perth clients refinance from major banks into better products, including deals your current bank might not offer.