Rates Just Dropped — Refinance Now And Lock In Lower Repayments While You Can

Why Refinancing Works Right Now

Refinancing replaces your current home loan with a new one, usually with:

• Lower interest rates
• Lower monthly repayments
• Better loan features
• New access to equity

With rates fluctuating, refinancing now can lock in savings while you still have the advantage.

Real Client Story: From High-Interest Non-Bank Loan to $430K in Savings

Mike and Olive were stuck paying 7.79% interest with a non-bank lender due to a previous Part IX Debt Agreement. Despite earning strong incomes – Mike as an ICT consultant earning nearly $200,000, and Olive as a clinical nurse earning $70,000 – they were locked out of better options by most banks.

They wanted to refinance into a mainstream bank, release equity for home renovations, and consolidate their car loan, but their previous credit history kept blocking their path.

Here’s how we helped:

• Assessed their full financial situation, not just their credit report
• Found a mainstream lender willing to approve their refinance despite past credit issues
• Structured a refinance deal that improved cash flow and future financial flexibility
• Handled the paperwork, lender negotiations, and full refinance process

The Outcomes:

• Interest rate reduced from 7.79% to 5.79%
• Over $430,000 in projected interest savings
• Equity released to fund home renovations
• Car loan consolidated into the mortgage
• Monthly repayments significantly reduced
• Gained access to loan features like offset, redraw, and extra repayments
• Positioned them to invest in SMSF property in 2025