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Refinancing

Thinking there might be better?
Refinancing your home loan typically happens when a borrower realises their current loan is no longer the best suited option for their needs. For instance, if new loan products with lower interest rates are available from other lenders, refinancing can help reduce ongoing repayment amounts and improve your financial situation.
In today’s economic climate, with rising interest rates and increasing living costs, it’s more important than ever to ensure your home loan is working in your best interest. If you’re unsure whether the rate you're currently on is the most competitive for your circumstances, I'm here to help with refinancing inquiries.
While switching to a new loan can be beneficial in terms of lower repayments and more flexible features, it’s important to consider any additional costs that might come with it. When assessing whether a new loan is a better fit for you, be sure to weigh the savings from the new loan against any costs involved in leaving your existing loan.
There are typically four key reasons why borrowers choose to refinance:
1. To secure a better interest rate and lower ongoing repayments2. To access their property’s equity for future investments3. To fund renovations on their existing property4. To consolidate debts I can assist with all refinancing inquiries and ensure you have all the information needed before making a decision. We can compare loan products from multiple lenders to help you find better options that suit your current financial needs, as well as evaluate the long-term costs of switching.
Many lenders offer very competitive interest rates for refinancing, with some even providing cash-back rebates to borrowers who choose to refinance with them. This can help cover any refinancing costs and potentially leave you with extra funds in your account! If you think it’s time to explore whether your home loan could be working better for you, please reach out using the contact details below or complete the contact form, and I’ll get back to you as soon as possible.

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Construction Loans
Established Home Loans
Fixed Rate Home Loans
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Starting the Refinancing Process

01.
Understanding your financial goals and refinancing Benefits
It's crucial to have a clear understanding of what you hope to achieve through refinancing, ensuring that any changes you make will benefit you in the long term, not just provide short-term financial relief.
02.
Research what are your new home loan options
While enticing cash-back offers from new lenders may seem appealing, they could end up costing you more in the long run if you don’t factor in all associated costs when making the switch.
03.
Submit an application for your new home loan
We're here to assist you with refinancing applications and ensure any changes align with your best interests. There are plenty of offers out there, but not all will provide long-term financial benefits.
04.
Discharge from your existing home loan
Once the process is complete, your current home loan will be closed, and your new loan will begin. From there, you’ll make repayments on your new home loan and enjoy the advantages of the change.

Contact The Wandering Broker

I'm available in the office Monday to Friday, from 8am to 4pm. Outside of these hours, including weekends and public holidays, my office will be unattended, and my emails will not be monitored. If you need to reach me urgently during this time, please send a text message to the mobile number below, and I'll get back to you as soon as I can.
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Kelly Bowles - The Wandering Broker Mobile: 0487 279 952 Email: info@thewanderingbroker.com.au Post: PO Box 7278 Loganholme QLD 4129 Disclaimer | Privacy Statement © Copyright 2025 The Wandering Broker all rights reserved.
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TWB CO PTY LTD trading as The Wandering Broker Australian Credit Representative Number: 555660 ABN: 97 238 027 627 ACN: 673 504 008 Kelly Bowles, trading as The Wandering Broker, is authorised as a Australian Credit Representative to engage in credit activities on behalf of Vow Financial Pty Ltd ABN 55 138 789 161 (Australian Credit Licence Number 390261).

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