Refinancing
Your Home Loan

We guide you every step of the way so that you can a better rate for your home loan sooner.

Personal loan advice
1-1 broker time to answer any questions
We find the best deal from over 35 National Leading Lenders
Access to network of conveyancers, insurance providers and property partners to make your purchase even easier

Speak to an expert

Complete the form below to get in touch with an experienced mortgage broker.

Refinancing is one of the most important thing to do when you have a home loan.

Refinancing can be a great strategy for using your home loan to help you get ahead financially. But changing lenders often come with fees and upfront costs, so it’s important you get it right

Prime Loans can help you:

Reduce your mortgage repayments
Get access to funds so that you can buy an investment property
Get access to funds to upgrade / renovate your house
Improve your finances

Learn throughout your journey with Prime Loans

The Power of Equity

Interest Rate Differences

Refinancing Process

Our 5 Star Google Review

It's simple, our customers are saying great things about us because we deliver a better service, transparent communication at each stage of the process and get the right loan for your situation.

See all our reviews >

We work with the largest panel of lenders in the country

We negotiate better rates with more than 35 lenders for you.

Frequently Asked Questions

What is the purpose of refinancing?

The main purpose of refinancing is to:

Reduce your current interest rate thus your ongoing loan repayments
Extract the equity out of your home (or in simple terms the money you have made over time as house prices has increased)
Change the type of loan you currently have in place e.g. interest only vs principle and interest

How often should I refinance?

Refinancing should be done annually to ensure you are paying the lowest rates / the product that is better suited as your circumstances change.

How long does it take to refinance my home loan?

Loans can be approved in a few weeks although there are a number of factors that may extend this time such as your availability to provide supporting documents and the number of requests currently with the lender.

Why is refinancing important?

Whether you are looking to reduce the interest rate, change the loan type or even extract the equity for genuine reasons, refinancing can simply better your financial position. E.g. pay less monthly repayments or put your equity money into something that will have a return on investment such as home renovations.