Refinancing
We can guide your through the process
We can assess your current loan and compare it across our wide range of lenders. It’s important to note that refinancing your existing home loan may not always be the right answer. And if we believe you’ll be better off staying with your current loan and lender, we’ll tell you that.
On the other hand, if we find that your current loan no longer aligns with your financial situation, your goals, or you’re just paying too much interest on a home loan you’ve had for a while. Then we’ll guide you through the options and process to refinance to a home loan that better suits your current and expected future needs.
Your Village Mortgage Brokers understand the intricacies of home loans and refinancing. We’re committed to helping you make choices that are right for you, avoid potential pitfalls and help you move towards your financial and property goals.
We streamline the process & put you first
How is it possible to ‘tailor’ refinancing solutions?
We understand that everyone is unique. We will take the time to understand your situation, including your financial and property goals.
The refinancing opportunities which we discuss and may recommend, will be those that best meet your specific needs and goals.
So, whether you’re looking to:
- Lower your monthly payments
- Reduce interest costs
- Consolidate your debts or
- Access equity in your home
Your Village Mortgage Brokers has the capability to work with you to find the best ‘tailored’ refinancing solution for you.
Key things for you to consider
Could there be a better home loan for you, particularly if your circumstances have changed?
Interest rates are very important but they’re not the only aspect to consider when finding the right home loan. Your Village Mortgage Brokers will explore all opportunities to secure a lower rate, potentially saving you thousands over the life of your loan, and we’ll find the home loan product and the loan provider that best suits your situation.
Do you know your current interest rate and your minimum repayment amount?
If you proceed with refinancing, there will likely be fees and other costs from the lender. We'll provide you with a comprehensive understanding of those costs so you’re sure the potential savings outweigh any costs.
Does your current home loan give you the flexibility you need right now?
For example, can you make extra repayments if you want to? Do you have the option to have an off-set account? Can you change the frequency of your repayments to weekly or fortnightly?
Your Village Mortgage Brokers can discuss why these considerations are important and make sure your home loan is the one that best suits your current situation, short-term and long-term financial goals and gives you the flexibility you need.
Could accessing some of your home's ‘equity’ help you achieve your goals faster?
If the value of your property has increased in the time since you took out your home loan, you may have ‘equity’ in your home. That means you might be considering using some of that equity for renovations, perhaps an investment property, etc.
These are quite complex considerations. Your Village Mortgage Brokers will work with you to understand your financial goals and whether refinancing might create different options and opportunities for you.
Are your other loans with higher interest rates affecting your lifestyle? e.g. credit cards, personal loans, buy now pay later products, etc.
Your Village Mortgage Brokers can work with you to understand any options to streamline your finances, consolidate your debt and avoid higher interest rates, if that makes sense for your current financial situation and your financial goals.
How might a different home loan help you reach your financial goals sooner?
Refinancing your home loan can bring substantial benefits but it also requires careful consideration. At Your Village Mortgage Brokers, we will act as your Mortgage Mentors. Working with you to make sure you have the best home loan solution to match your unique circumstances. Our mentoring doesn't end when you loan settles either. We understand that your circumstances change over time, and also lenders and the market are constantly shifting. We’re part of your community and we’re committed to helping you to have the best home loan solution for now and for what the future might hold.
How could I refinance with more confidence?
That’s what Your Village Mortgage Brokers are here for. We're not interested in just switching your home loan from one product to another. We’re part of your community and we’re hoping to build a lasting relationship to support your current and evolving financial and property needs.
Refinance with confidence
Has it been a while since you’ve had your current home loan reviewed? Or are you just curious to know what your options are?
Contact Your Village Mortgage Brokers and we can look at your current mortgage together today, for a better outcome tomorrow.
Make your mortgage work for you.
What's your next property move?
I want to buy my first home
Buying your first home is an exciting but stressful milestone. We can guide you through the process and help you avoid the mortgage missteps that will cost you time, money and stress.
I’m thinking about refinancing
Don't get complacent with your mortgage. Refinancing to get a better deal might improve your cashflow today, and your borrowing capacity and equity in the future.
I’m self employed
We're small business owners too. So we understand that sometimes your situation doesn't fit the standard lending requirements. We can work with you to find the right lending solution to suit your unique situation and goals.
I’m investing in property
Looking for your first investment property or planning on building a portfolio for retirement? Our experienced Mortgage Mentors can help.
I want to renovate or build a new home
Whether you want to access equity in your property to renovate, are considering a house and land package or you are looking at a new build, construction finance can be tricky if you don't have the right guidance from the get-go.
I want to buy a holiday home
Whether its purely for fun and relaxation or you want to leverage the boom in demand for holiday rentals and short term accommodation, we can guide you with a solution that balances the lifestyle and investment opportunities.
Maximising your lending opportunites
Here's what you can expect
Whether you are just starting out in property or are a seasoned investor, navigating the home loan lending process can be confusing and time consuming. We use our knowledge and experience to provide a streamlined approach and give you the advantage. We offer straighforward, flexible home loan solutions that don't just fulfil your current goals, but look to the future as well.
Getting to know you
We need to understand your current financial situation so we can determine the most competitive and appropriate lending solution and strategy to help achieve your lifestye and property goals.
The Nitty Gritty
With your Mortgage Strategy in place, our team will coordinate with you to gather all the relevant documents and information we need to help you get a speedy and positive outcome from the lender.
Pre-approval
Getting pre-approval on your home loan means you can start looking for property or making plans. With the confidence of knowing that the lender has agreed in principle to lend you the money.
Unconditional approval
This is the green light that the lender has fully approved your loan with no conditions. It's not quite time to pop the champagne though, until settlement occurs.
Settlement
Phew, we made it. The final inspection has been conducted, the title has been transferred into your names, and you have the keys to your new home in your hot little hands. Happy days!
Mortgage Mentoring
When the dust settles, we are still here to guide you along your property journey. From smart strategies to help you pay down your loan quicker or to build equity for future goals and projects. We've only just begun.
What our clients are saying
I found Rob from Your Village Mortgage Brokers very easy to deal with. He has an excellent grasp of the home loan options available and his explanations were clear and he was very reassuring. I’d highly recommend Rob to anyone thinking of speaking to a mortgage broker.
Damien G
