Refinancing Your Loan
As your circumstances and aspirations change, we’ll help you adjust your financial arrangements to fit.
How we help
List of Services
List of Services
Refinancing your home or investment loans is a fantastic way to obtain a lower interest rate and utilise these savings to your advantage.
It’s also the perfect time to complete a thorough review of your overall facilities and consider if the product and structure are still competitive and appropriate in achieving their purpose towards your goals.
Beyond interest rate alone, you may refinance to release equity for a new purchase, to finance a new car or property renovations, or consolidate your financial arrangements into a simplified, more manageable structure.
Each needs to be treated on its merits: the combination of your existing arrangements, your reason for restructuring, incentives being offered by lenders, and a number of other factors.
That’s where EverLend’s expertise really kicks in. Not only do we understand all of the reasons that make a restructure a good move, but we know which particular lenders and loans can best be tailored to suit your particular purpose.
Refinancing FAQs
When should I review my home loan?
Common triggers are a fixed rate ending, a change in income, wanting to access equity, or not having reviewed your rate for a year or two. A review does not commit you to switching.
What costs are involved in refinancing?
Possible costs include discharge fees from your current lender, application or valuation fees, government registration fees and, if you are on a fixed rate, break costs. We weigh these against the savings before recommending a change.
Can I refinance to access equity?
Yes. Many owners refinance to release equity for renovations, an investment purchase or other goals, subject to the lender's valuation and assessment of your income.
Will refinancing affect my credit file?
Each new loan application is recorded on your credit file. That is one reason we compare lenders first and only apply where your application is a good fit.
Helpful guides
- When to refinance your home loan
- What to do when your fixed rate ends
- Home loan refinancing explained
We help clients across St Kilda and Melbourne's inner south and south east. See all locations.
Ready to learn more?
Whatever you need, get in touch and we’ll get the ball rolling. The sooner you reach out, the sooner you’re on your way to securing the right loan!
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GREAT REVIEWS FOR OUR SERVICES
Keep up the great work!
Thank-you so much Evelyn, for your ever-professional and friendly service. You were always available to offer understandable explanations, and keep the whole process simple. You have saved me so much money through re-financing my mortgage.
Keep up the great work, will be highly recommending you to all!
Annie Head
