Refinancing Home Loans for Owners Reviewing Their Mortgage

Looking to reduce your loan repayments?

Wanting a lower interest rate? Wanting to increase your loan and take cash out? Look no further!

At SB Finance we can assist with refinancing your Home loan and help you find a loan that suits your situation. Refinancing doesn’t have to be with your same lender. We have access to over 40 of Australia’s biggest lenders and can help you find the right loan for your needs and circumstances.

Based in Sydney's Hills District and helping clients right across Australia, we make refinancing your home loan simple.Reasons you may consider re-financing your Home Loan

Fixed rate period on your current loan is expiring and is changing back to a higher variable rate
Your property has increased in value and you would like to use the equity to cash out for renovations or use towards purchase of an investment property
You want to reduce your repayments by moving to a lower interest rate
You can afford to pay off the loan faster and want to re-finance to reduce the term
You want to consolidate other debts such as car-loans, credit cards or personal loans.

Speak to our team of experts to see if refinancing your home loan can be beneficial for you as re-financing a home loan can sometimes have costs associated. For more information, speak to one of our team and see if we can offer a free home-loan health check.

SB finance does not offer personal advice and aims to provide information which is factual and in-line with lenders requirements and a customer’s best interest. We encourage you to seek independent legal and financial advice before proceeding. our credit guide and Privacy disclosure is available on our website.

Competitive Options

With access to over 40 lenders, we compare the market to find a finance option suited to your situation. Terms and conditions, fees and eligibility criteria apply.

Loan Deals

Talk to our team about the options available across property, asset and personal finance. We'll explain how each could suit your needs.

Quick Application

Our Application process is straight-forward and hassle free. We pride ourselves in being responsive and prompt with processing your application!

Personalised Service

Here at SB Finance we treat everybody like one of the family. We pay attention to the detail and make sure we offer nothing but first class service tailored to your needs!

Let’s talk finance

Whether you have questions or inquiries about our services, we’re here to assist you every step of the way.

Your Details - Step 1 of 3

What type of finance do you need?

Signs it might be time to refinance

Many homeowners stay on the same loan for years without checking whether it still suits them. It can be worth reviewing your home loan if you have not looked at your rate in a while, if a fixed-rate period is about to end, if your financial situation has changed, or if you simply want features your current loan does not offer. A quick review costs you nothing and can tell you whether refinancing makes sense for your circumstances.

What refinancing can help you do

Refinancing is not only about chasing a lower repayment, though that is a common goal. It can also let you access the equity you have built up, consolidate other debts into your home loan, switch between fixed and variable rates, or move to a loan with features like an offset account or redraw. The right move depends entirely on what you are trying to achieve, which is exactly what we will talk through together.

The refinancing process and what to watch for

Refinancing follows a similar path to a new loan: an assessment of your goals and borrowing position, a property valuation, and then application and settlement with your new lender. It is also worth being aware of potential costs, such as discharge fees, possible break fees on a fixed loan, and any new lender charges. We will factor all of this in so you can see the full picture and decide whether the switch is genuinely worthwhile.

Refinancing in the Hills District

We are local brokers who work with homeowners right across the Hills District and greater Sydney. If you would like an honest, no-pressure look at whether your current home loan is still the right fit, we are nearby and happy to help.

Frequently Asked Questions

Can i Re-finance my Home Loan?

Absolutely! At SB Finance we have access to over 40 lenders that can lend from $50,000 upwards. The re-finance will vary depending on an applicant’s financial position, serviceability, property valuation, equity and current loan conduct. Speak to one of our team for a free assessment!

What are the benefits of Refinancing my Home Loan?

You can reduce your repayments by getting a lower interest rate
You can Cash-out on the equity to use the funds for Renovations or a purchase for the home
You can reduce the term if you are in a position to pay more towards the loan
You can lock in a new fixed rate if your current rate period is expiring and is changing back to a higher variable rate
If your property has increased in value, you can use the equity to cash out for renovations or use towards purchase of another investment property

Can i Cash-Out if i Re-Finance my Home Loan?

Yes! The total amount available will vary depending on current equity, applicant’s financial position, serviceability and property valuation. Speak to one of our team for a free assessment

Do I have Home Loan Re-Finance Options?

Yes, at SB Finance we have several loan options that can assist with refinancing an investment property. We offer a free consultation to discuss your requirements and will guide you through the process required to apply. Speak to one of our team today to discuss how we can help you get a loan to suit you.

Can I Re-finance my Home Loan with Bad Credit?

Yes! With access to over 40 of Australia’s largest lenders, we do have lenders on our panel that will consider bad credit or defaults subject to the application. Speak with our team to find out more!

What is LMI?

LMI stands for Lenders Mortgage Insurance and is designed to provide lenders with an additional level of protection in the event the borrower defaults (doesn’t repay) the loan.

LMI can be avoided with a deposit as per lenders guidelines (usually 20%) or a guarantor going on the loan. Speak with our team and they can discuss the guidelines around LMI.

How Can I apply?

There are several ways you can apply, all of which are simple. you can contact us on 1300 172 346 or email info@sbfin.com.au to speak with our team. alternatively, you can speak to us via any of our social media platforms or fill in the quick quote form on our page and we can reach out to you.