Refinancing Home Loan

Professional mortgage planners

Advanced Finance Solutions are a team of professional mortgage planners.

We help you find a solution using the latest research and technology.

Solutions right for you

You can choose from the major banks and many other leading mortgage providers.

We can compare loans with you so that you can see the results for yourself.

We offer flexible solutions. You may be surprised at some of the innovative ways in which we can structure loans to help meet your lifestyle and financial needs.

Advanced Finance Solutions - Refinance your mortgage

Frequently Asked Questions

Why would I refinance my home?

There are various reasons people decide to refinance their homes including

  • Secure a better interest rate and save money
  • Switch between variable/fixed rates to the one that you have found suits you more
  • Access equity in your home
  • Consolidate debt
  • Access additional home loan features that your current loan is not offering
Will the next bank put their rates up which would mean i am no better off?

Occasionally this does happen however usually when one bank increases their rates so do all the others. It is more than likely that you will still be better off.

How much will I save?

This could vary greatly depending on your current home loan product and the product you choose to change to and also how much balance remains to be paid on your mortgage. We offer a free consultation with no obligations to explore your best options and calculate your possible savings before you decide to change over.

How much of a hassle is it to change over?

No it shouldn’t be a hassle at all. We would need an hour of your time to work out your best option and to view and sign the required paperwork and then we can handle the rest of the process for you. We would be keeping you updated on the progress of your application by phone or email.

Would there be any fees to swap over?

Sometimes there are exit fees or borrowing costs involved in refinancing however that is why our brokers are here to help calculate if you will save money including any fees before you go ahead with any refinancing. We offer a free consultation to assess whether it is to your benefit to refinance.

How long does it take?

The time it takes to refinance differs, depending on the new bank, the old bank and just how many people are trying to get the same deal as you! Sometimes a good rate can mean that the lender has a lot of new applications, and every one of them needs to be assessed properly. Generally, if we lodge your application today, we should have you with your new bank in 6-7 weeks.

What documents would I need to provide you?

Most of what we need to see you would have easy access to

  • Identification
  • Payslips
  • Group certificate
  • Rental income statements ( if you have an investment property)
  • Mortgage statements for the last 6 months
  • Loan statements on any other debts you have for the last 3 months
  • Most recent credit card statements
  • Rates notice
  • Savings account statements