Lenders often offer lower interest rates to attract new customers while keeping existing loyal customers on higher "legacy" rates. If you haven't reviewed your loan in the last 18–24 months, there is a high chance you are paying 0.5% to 1.0% more than the current market rate.

Most lenders allow you to borrow up to 80% of your home's current value without paying Lenders Mortgage Insurance (LMI). For example, if your home is worth $1M and you owe $500k, your "usable equity" is $300k ($800k limit minus your $500k debt).

Refinancing typically costs between $600 and $1,500 in discharge and government fees. However, on an average $600,000 loan, a 0.5% rate reduction saves you roughly $3,000 per year. Most of our clients "break even" on fees within the first 4–6 months.

Yes! This is one of the most common reasons homeowners refinance. We can structure a "cash-out" refinance where the equity is released into a separate account or offset, allowing you to fund your next project at home loan rates rather than expensive personal loan rates.

From our first strategy session to the new loan "settling," it usually takes 2 to 6 weeks. We handle the heavy lifting and communication with both your old and new banks to ensure a seamless transition.

Since you are moving to a new lender, they are required by law to verify your current income and expenses. However, as your broker, we use digital tools to simplify this—often retrieving the necessary data automatically so you don't have to hunt for old payslips.

You can, but you may incur "break costs." We calculate these costs for you upfront to determine if the long-term savings of a lower variable rate outweigh the immediate penalty of leaving your fixed term early.

A single application for a refinance is a standard "hard inquiry" and usually has a negligible, temporary impact on your score. It is far less damaging than having multiple credit card applications or missing repayments due to high interest.

Your bank will only ever show you their products. We compare 40+ lenders (including the "Big Four" and smaller specialised banks). We also have the leverage to negotiate with your current bank on your behalf, often securing a "retention rate" they wouldn't offer you directly.

It’s a 15-30 minute professional audit where we compare your current interest rate, fees, and features against the 40+ lenders on our panel. If your current bank is still the best option, we’ll tell you; if not, we’ll show you exactly how much you could save by switching.