Before you begin the refinancing process it pays to use an expert who understands the home lending market and can assess if you’ll be eligible to refinance.
Qualifying for refinancing may be harder than you expect as many lenders have tightened their lending requirements, meaning a loan that passed a couple of years ago may no longer be approved. With these changing market conditions there’s never been a better time to have a broker by your side who can navigate these changes and help you know if you’re eligible to refinance.
Of course there are several other factors to consider that can impact eligibility when refinancing, including the type of loan and loan term you’re on and your current financial circumstances. Plus, if you’re a guarantor or have used a guarantor on your home loan, you need to know how this impacts your eligibility before you take the plunge.
With so much involved when investigating refinancing it’s definitely better with a broker! An Aussie Broker stays on top of these changes so you don’t have to. They’ll explain all of your options so you can make an informed decision.
In this chapter
Take the next step to refinancing.
Guarantor home loans
Are you are a guarantor or have used a guarantee for your home loan? Here’s something to consider...
Loan type and term
Thinking about refinancing? Along with the potential pluses of refinancing, there can be costs to...
Credit History questions
If you’re thinking about refinancing, here’s some top tips to ensure your credit score is ready to...
Deposits and refinancing
When you’re refinancing your home you might wonder if you need a deposit to refinance. Equity is...
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Proud Aussie Moments
Hear from our customers who bought their first home with the help of Aussie.
"Joanne saved us money and perhaps even a marriage! After a dedicated relationship of 25 years with our previous financial institution they were not prepared to help us with our refinancing. Joanne to the rescue! Personalized service a home visit, help with finding the right product for our current circumstances all allowed us to successfully transition our business to Aussie with a minimum of fuss and more importantly a happy family outcome. "
-Stuart W, NSW.