REFINANCING
Is your current loan still working for you?
Review the rate, features, fees, remaining term and how the loan fits your plans now.
YOUR QUESTIONS, ANSWERED EARLY
The questions worth asking first.
Is a lower rate always a better deal?
It can help, but fees, features, cashback conditions and a longer loan term can change the overall result.
Can refinancing access equity?
It may be possible, subject to valuation, serviceability, lender criteria and the purpose of the funds.
What if part of my loan is fixed?
Ask the current lender about break costs and timing before deciding. Those costs can materially change the comparison.
Will the property be valued again, and can I release equity?
A lender may require a valuation. Any equity release is subject to that valuation, the purpose of the funds, serviceability and lender policy.
Can I consolidate other debts when refinancing?
It may be possible, but moving short-term debt into a longer home-loan term can increase total interest. The new structure, repayment plan and overall cost should be compared carefully.
YOUR DECISION, CLEARLY FRAMED
What matters before the application.
A refinance review should begin with the reason for changing. Reducing repayments, shortening the term, accessing equity and simplifying debts are different goals and can lead to different structures.
WORKING WITH JIMMY
What the first conversation is like.
Can I talk before I am ready to apply?
Yes. You can start with questions, an early borrowing conversation or incomplete documents. The first step is to understand where you are now and what would make the next decision clearer.
Will my details be sent to a lender straight away?
No application is lodged without your agreement. Jimmy first reviews the situation, identifies missing information and explains the proposed pathway before you decide whether to proceed.
Will I deal directly with Jimmy?
Yes. You speak directly with Jimmy about the lending strategy, application questions and progress rather than being passed between a sales team and a call centre.
What will the service cost?
Any fee payable by you and any lender-paid commission arrangements will be explained before you proceed. Fees can differ for residential, commercial, business, development and specialist work, so the applicable terms need to be confirmed for your matter.
How long will it take?
Timing depends on the lender, valuation, document quality and complexity of the transaction. Once the pathway is clearer, Jimmy can explain the current requirements, likely sequence and any deadline risk that needs attention.
HOW JIMMY CAN HELP
A practical path from question to next step.
Clarify what you want the review to achieve before comparing products.
Compare repayment estimates using a consistent remaining term.
Check likely switching costs, fixed-rate considerations and feature trade-offs.
Prepare the new application and coordinate the discharge and settlement steps.
WHAT TO PREPARE
A useful first conversation starts with a few facts.
- A recent home-loan statement
- Current rate, loan balance and remaining term
- Estimated property value
- Income, expenses and other commitments
Please do not send identity or financial documents through the website enquiry form.
WHAT HAPPENS NEXT
One clear step at a time.
Set the objective
Define the result you want and the features you actually use.
Compare on the same basis
Review repayments, costs, loan term and structure together.
Plan the changeover
Prepare documents, manage discharge requirements and keep key accounts working through settlement.
CLEAR EXPECTATIONS
Useful guidance without overpromising the outcome.
Repayment comparisons are estimates. A suitable refinance assessment needs current statements, verified financial information and lender-specific costs.
START WITH YOUR POSITION
Bring the facts.
Leave with a clearer next step.
Or call Jimmy on 0411 337 262