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Home Loan Refinance | Westend Finance

Many people look to refinance a home loan for a more convenient option because it may be a way to save money or get better loan features. At Westend Finance, we have a team of brokers ready to help you find the best home loan deal for your current needs and requirements.

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What Is Refinancing?

Refinancing a home loan can seem like a time-consuming process but we can help manage any complexities to make the whole change over form one bank to another simple and easy.

Refinancing your home loan can be the best way to reduce your fixed monthly commitments, and if you can get a better deal somewhere you can work towards home ownership sooner. We will review your situation and your current loan to determine if it’s even worth refinancing.

Should You Do it?

People choose to refinance their home loans for many different reasons. More often than not it’s to get a better interest rate. However, there are other factors when refinancing can be a good option.

  • Saving money: if you refinance your home loan, you could potentially save thousands of dollars per annum. This can be done by accessing a better interest rate or restructuring loan terms.
  • Getting more money: depending on the equity available in your home, you may be able to borrow more money to buy a car, complete a kitchen renovation, or access cash to use as a deposit to purchase an investment property.
  • Extra loan features: refinancing your home loan can give you access to different loan products and loan features, such as a redraw facility or an offset account. It depends on your new deal, but overall, you may get more benefits that can help you repay the loan sooner.
  • Consolidating debts: sometimes, you may be able to consolidate various debts when you refinance a home loan. However, there are risks associated with this, and we recommend discussing this with us so we can understand what you are looking to achieve out of debt consolidation.
  • Overall, refinancing a home loan can be more straightforward than you think. When you work with us, we make things smooth, so you don’t have to worry about anything.

How to Do it

The first question you may think about when considering a home loan refinance is how the process works. Homeowners can approach it in different ways.

Nonetheless, it’s a fantastic idea to begin by working out what you’re currently paying, what you currently owe, and the estimated value of your property. Then, you can get in contact with us, and we can do the market research and groundwork to compare Banks and lenders that can help refinance your home loan.

Using a mortgage repayment calculator can help (we offer one below!). Knowing how much equity you have is also essential.

Consider Our Rates

We offer different alternatives depending on your needs. However, you have to consider the various interest rate options and decide which one is better for you.

If you have any questions, you can always contact us. We’ll discuss our interest rates in more detail and ensure you understand how we help you through the process.

Negotiate with Your Lender

Sometimes you may be able to get a better home loan interest rate with your lender. Therefore, trying to negotiate with them may be an idea you can explore. We can also negotiate with the Bank on your behalf to see if there is a better offer.

Refinancing a home loan can be confusing given there are so many lenders and Banks in the market offering thousands of different products, and the first thought is, how do I know what’s best for me.

Therefore, engaging experts like us may be the best alternative since you won’t have to worry about finding the ideal lenders to get the best interest rates – we’ll help you with everything.

Why Us

With so many home loan options out there, you may wonder what makes our company stand out from the rest. Overall, here are some of the fantastic features we give you:

A loan Product to match your requirements and objectives

When we start working with you, we guarantee that we’ll get the best alternatives possible for your scenario. Our team works with different lenders and banks in order to offer convenient options.

Experienced, Australian-based Team

Our team works with clients in Australia, and you’ll be putting your trust in professionals who have experience in the field.

Once you choose to refinance your home loan, the friendly members of our team will help you settle as soon as you can. We want you to get the best loan product, so we want to do everything we can for you to save money and get fantastic deals. the best options!

Different Options

We always try to get the lowest interest rate we can but also give you other alternatives, such as discounts, flexible loans, etc.

Moreover, we understand that different factors, for example, the loan features, having a variable rate home loan, or the comparison rate, may influence how much you pay.

However, any financial institution has to provide you with different alternatives, and as the brokers for your refinancing process, we’re part of that!

Regardless of the home loan you’re looking for, we’re sure we can find the perfect fit for your needs. We’ll assess your requirements and offer the best options!

Our Process

At our company, we want to help you refinance your current loan as quickly and easily as possible. Here’s how the process looks:

What You Need to Do

What you have to do is simple: complete the online application form to get your new home loan. You only have to fill out the necessary fields or talk to one of our agents on the phone and have them do it for you.

What We Do for You

If you want us to fill out your application on the phone, we’ll do that. We also make sure we contact you at a suitable time.

Our website provides various useful resources you can check out when you’re exploring home loan options. Check out this video:

Rates

We provide you with competitive rates. One of our goals is to offer top options. Therefore, from the moment you start working with us, we go the extra mile to locate the best alternatives for your needs.

When you’re refinancing a home loan, the interest rate you’re paying is one of the crucial factors to examine.

A different interest rate could mean you save a lot of money per month. In some cases, you may end up saving even thousands of dollars. Therefore, we understand the importance of providing you with convenient rates that fit your financial objectives.

Our Partners

We only work with the best professionals, so you can be sure you’ll always be in touch with a home loan specialist that can match you to the Bank and Lender most suited to your needs.

Book an Appointment

If you want to get started, you must book an appointment. Here are the steps to begin the process:

Fill Out the Form

Firstly, fill out our online enquiry. You may also ask for assistance if you need it and we’ll give you a call to help you put your information on the form.

Wait for Our Call

Once we get your information, we’ll schedule a call at a convenient time. We want to get to know you and help you!

Let’s Get Started

If you’re ready to get a home loan and buy your first property, let’s begin. We’re eager to help you achieve your goals!

 

Calculator for Home Loans

Our home mortgage calculator helps you determine what your monthly payments would be. You may be refinancing or only want to understand the costs involved. In both scenarios, our tool allows you to know how much you must pay.

Enter the amount you want to borrow, home loan term, payment type, and frequency. Hit the button and find out!

View All Calculators

Frequently Asked Questions

Fill in our online application or contact us directly to start the process. We can let you know what will be needed to refinance your home loan following our initial discussion.

We don’t charge a professional fee for our service. Our advisors are paid by the Banks and lenders directly.

The only other costs which may be applicable are discharge fees with your current lender, mortgage registration, and new setup fees with the Bank or Lender you are refinancing a home loan with.

If you want to refinance your home loan, you’ll need to provide supporting documents. Details of your existing loan, pay slips and bank statements are part of what we need to help you.

To know more about the specific documents you need, check our website or contact one of our team members. Alternatively, if you’re ready to get started, fill out our online form, and let’s begin your refinancing journey.

the options with the best interest rates suited to your situation and scenario.

Sometimes interest rate is the secondary factor as your circumstances or scenario may not suit the Bank or lender offering the cheapest interest rate. We will make sure we know what you want to achieve so we can match you to the loan product most suited to you.

Some Of Our Lenders

Customer Reviews

Benjamin Tatulli
Benjamin Tatulli
08/08/2023
Would highly recommend! Ben was great to deal with, very helpful, thorough and personable. A great experience, Thanks!
Thomas Allan
Thomas Allan
17/07/2023
Highly recommend and will used Westend Finance again. Ben helped us get finance over the line quickly within a tight timeframe and communicated clearly with us through the whole process.
Rebecca Scott
Rebecca Scott
01/07/2023
Ben at Westend Finance is amazing, so professional and proficient. He has helped us with our finances many times and we trust him 100%. Highly recommend ⭐️⭐️⭐️⭐️⭐️⭐️
Titus C.
Titus C.
29/06/2023
Ben service is super excellent and fast. This man knows his job.
Steve Tonkovich
Steve Tonkovich
16/06/2023
Ben from Westend Finance was super fast, professional and had everything organised for us. Full of knowledge and happy to help answer any questions we had. Nice to know there are still professionals out there willing to actually get the job done ???? Would highly recommend to anybody needing finance. Thanks so much Ben ????????
Dhani Bowes
Dhani Bowes
01/06/2023
This has been the best service I have had in a long time easy quick and simple highly recommend, will be using Ben again and again thankyou for your service
Brianna Barrow
Brianna Barrow
07/05/2023
As a first home buyer Ben made the process very straight forward and helped me every step of the way with any questions I had. I Highly recommend Westend Finance to anyone in need of a great broker.
Brent Patroni
Brent Patroni
21/02/2023
We have used Ben for car and home finance, after dealing with many brokers, we have found Ben to be open and transparent, he has literally saved us thousands of dollars! We recommend Ben to all of our friends and family.
Jared Stewart
Jared Stewart
11/12/2022
Ben provided a great service with exceptional customer service and great communication witch made the process very easy and straight forward.. I would recommend to anyone.
Chris Wade
Chris Wade
30/11/2022
Ben was absolutely awesome to deal with professional in every sense of the word would recommend his services highly .

Contact Westend Finance Today

(08) 6406 2490 / info@westendfinance.com.au