Refinance

We receive a commission from your lender when your loan is finalised and charge no fees to you. While commissions are important to keep our business running, it’s even more important that we get the right fit loan for you. We are a privately owned, family-led business, which means we aren’t owned by or aligned with any specific financial institution, product or offer. We have wonderful, long-standing relationships with all our clients and we do this work to see you succeed.

Refinancing your loan should ultimately help you enjoy a more comfortable lifestyle today, pay less in the long run or leverage your equity to achieve your life goals. We can help you achieve these things through a range of strategies including lowering your interest rate, fees or monthly repayments, consolidating other high-interest debts into a single loan, accessing your home equity for larger expenses, or unlocking different product features like redrawing facilities or offset accounts.

It could be the right time to consider refinancing if the market has changed, your equity has grown or credit score has improved, your fixed-rate period is expiring or you’re assessing options to finance a significant purchase. Regardless of changes in your life or the market, your mortgage should never be a ‘set and forget’. We’ll help you decide whether now is the right time to refinance and review your loan yearly to make sure it remains the best fit for you.

We help you understand your financial options and make sure refinancing is the best move for your. We leverage our extensive knowledge of the loan market to find the best refinancing options based on your goals and financial situation. We handle all the admin and applications. We save you time and stress. And we keep you on track to your goals!

We don’t charge you a fee for our refinancing services but you can be up for fees like loan application fees, valuation fees, and break costs (if you're breaking a fixed-term loan). We’ll help you negotiate the best deal with the lowest fees, give you a breakdown of all costs and help you decide whether the long-term benefits of refinancing are worth it.

It varies depending on the complexity of the finances and loans involved, but typically, the process can take anywhere from a few weeks to a couple of months.

As often as you like, although the potential costs may not be worth doing it too frequently. When you partner with FinFit mortgage brokers, we’ll review your loan every year and can explore your financial situation and options at any time.

Yes! Consolidating other high-interest debts like credit cards into your mortgage can be a smart strategy to lower your total monthly debt payments and pay less over time.

Working directly with a bank or lender limits you to their specific products. At FinFit, we have in-depth knowledge of the current market, products and offers and have great relationships with more than 40 banks and lenders which ultimately gives you more options for a lot less work! We also work to understand your whole financial picture to make the best recommendations for you.

In many cases, yes. Lenders often require an updated valuation of your property to determine the current value and how much they're willing to lend. We’ll work with you through this process to make it as streamlined and straightforward as possible.