Refinancing Mortgage Broker in Melbourne

Need to Refinance Your Home Loan? Flex Home Loans and Finance Can Help You Weigh it All Up

As time marches on, situations change. Perhaps you’ve changed jobs, or there’s a new addition to the family. Maybe you would just like a better rate, maybe it’s the advent of school fees, or perhaps the kids have flown the coop. Or maybe that leaking shower or tired kitchen has just reached the end of its life.

A shift in circumstances may mean it’s time to revisit your home finances. For many, the idea of refinancing a mortgage can be daunting. Fees and fixed versus variable interest rates need to be considered.

The right refinanced loan might help you to pay off your mortgage faster and for less, clear unhealthy debt or upgrade and add value your home, all of which are steps in the right direction. Get in touch and see how our refinancing mortgage broker can help!

Get Started Today

If you want to speak a qualified mortgage broker to refinance your home loan, get in touch with Flex Home Loans and Finance today. Call us on (03) 4301 4170 or contact us online to get started.

Common Questions for Those Thinking of Refinancing

Can I get a mortgage where I'm paying less than I'm paying now?
Now is always a great time to shop around or check that you have the right loan for your needs. We’re a great starting point. It will depend on what interest rate you’re currently paying, what type of home loan you have (e.g. fixed, variable, interest only, line of credit) and what features you want in your loan. Our knowledgeable refinancing mortgage broker can quickly explain your options.
Can I consolidate credit card or other debts into a home loan?
This is one of the reasons some people refinance. The advantage is that you pay a much lower interest rate on a mortgage than for most other forms of debt – e.g. credit cards, overdraft facilities, personal loans, etc. If you have sufficient equity in your property, you may be able to consolidate all your debt on a home loan. If you take this option, it is important to make sure you maintain your repayments of the debt that you consolidate at their current level, or you could easily end up paying more over a longer period of time. Speak with our refinancing mortgage broker today to discuss your personal needs.
How much money can I borrow?
All of our clients have their own financial requirements and will need to borrow a certain amount of money to achieve their goals. Our clients can use our clever loan options tool to get an estimated figure of the amount of money they can borrow (this figure will be subject to the client’s ability to satisfy legal and lender requirements). Chat to us when you’re ready and our refinancing mortgage broker can help you determine how much you can borrow.
How do I choose a loan that's right for me?
Our guides to loan types and features can help you learn about the main options available. There are hundreds of different home loans available, so talk to our refinancing mortgage broker today.
On what basis will I need to make loan repayments — weekly, fortnightly or monthly?
The majority of lenders understand that how often their clients can make repayments for their loan will depend on their pay cycle. As such, they offer flexible repayment options.
What fees/costs are involved in switching mortgages?
Depending on your loan, penalty fees could apply if you’re paying off your current mortgage early, but these may be offset by repayment savings when you switch home loans. Get in touch with our mortgage broker to refinance your current home loan get an idea of any fees that could apply in your circumstances.

Australian Credit Licence 392575

Flex Home Loans and Finance

238 Main Street, Bacchus Marsh VIC 3340

03 4301 4170

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