Like to get an idea of how much you can save? Crunch the numbers using our handy Refinance Calculator! This will give you a good idea of where you’re at.
Disclaimer statement: Your full financial situation would need to be reviewed prior to acceptance of any offer or product.
We know you have lots of questions. So, we’ve provided answers to the most common ones here.
You could save thousands of dollars by spending a few hundred. Over time the home loan you originally signed up for may not be as cheap as what’s currently available and you may have built up some additional equity that will give you access to more options. We suggest a quick home product check to see where you are placed and if we think you can do better we will find you the right option.
This will vary depending on the lender and the type of loan you have but it is reasonable to expect a $700 charge. This will be to cover settlement and registration fees while application and valuation fees are typically waived by the new lender.
From a customer’s perspective, not that much. We begin with an assessment of your financial situation and review of your current loan relative to your homes property value to make sure you are eligible and the change is actually cost effective. From here we will do all the paperwork and manage the process to make this as simple as possible.
A rough estimate would be 4 to 6 weeks depending on the lender you choose and how complex your situation is.