Refinance Your Home Loan
Whether you want to reduce your interest rate, access equity, or improve your loan terms, refinancing can provide the flexibility and savings you need.
So, how does a refinance work?
Let us demystify the process for you
We’ll review your current mortgage to see if refinancing could benefit you, evaluating your interest rates, loan terms, and financial goals. We'll also make sure you're in a position to refinance.
With access to a vast network of lenders, we can compare a variety of refinance products to find the best deal that meets your needs.
Once we have compared the options for you, you then have the final say on which lender and loan product you would like to proceed with.
Refinancing doesn’t have to be a long, complicated process. Our team streamlines the paperwork and negotiation, handling the entire process on your behalf to ensure a smooth and timely transition.Once you have selected a suitable lender and product we will prepare your application and lodge it on your behalf. We then follow up to ensure we obtain a loan approval as soon as possible.
We liaise with your lender and the necessary parties to ensure a smooth settlement process, in many instances, Settlement occurs without our clients even realising!
Whether it's interest rate changes or ongoing advice around your home loan, our team is always on hand to provide full support after your loan has settled.
So, how does a refinance work?
Let us demystify the process for you
Why Refinance with Liberty Wealth Finance?
1. Lower Your Interest Rate
One of the most common reasons to refinance is to secure a lower interest rate. Even a small reduction can lead to significant savings over the life of your loan. We have access to a wide range of lenders, which allows us to shop around for the best rates and terms on your behalf, ensuring you get a deal that fits your financial goals.
2. Reduce Your Monthly Payments
Refinancing can help reduce your monthly mortgage payments by extending the loan term or securing a lower interest rate. This can free up extra cash for other expenses or savings, giving you more breathing room in your budget. We’ll work with you to find a solution that maximizes your savings while keeping your long-term
financial objectives in mind.
3. Access Equity in Your Home
If you’ve built up equity in your home, refinancing can help you access those funds for other purposes—whether it’s home renovations, consolidating debts, or investing in another property. Our refinancing experts will help you unlock the value in your home, offering flexible loan options that give you the financial freedom to achieve your goals.
4. Consolidate Debt
If you have high-interest debts like credit cards or personal loans, refinancing your mortgage could help you consolidate those debts into one manageable monthly payment. By rolling your debts into your mortgage at a lower interest rate, you can simplify your finances and potentially save thousands in interest payments. Liberty Wealth Finance can guide you through this process, ensuring that your refinancing plan aligns with your overall financial strategy.
5. Switch to a Different Loan Product
Your original mortgage might no longer suit your needs. Whether you want to move from a variable rate to a fixed rate for stability, or switch to a loan with more flexible repayment options, we’ll help you explore different products that better fit your current situation. At Liberty Wealth Finance, we’ll assess your circumstances and recommend the best loan products to ensure your mortgage works for you—not the other way around.
6. Pay Off Your Loan Faster
Refinancing isn’t just about reducing payments; it can also help you pay off your mortgage sooner. By switching to a shorter loan term or refinancing at a lower rate while keeping the same payments, you can significantly reduce the time it takes to pay off your loan—saving you money on interest and bringing you closer to being mortgage-free.