Loan Refinancing - Loan Studio | Loan Studio

Loan Refinancing

With the finance and lending market ever-changing, our advice is never to remain in your loan product for the lifetime of your loan.

Refinancing an existing home loan

With the finance & lending market ever-changing, our advice is never to remain in your loan product for the lifetime of your loan.

At Loan Studio we pride ourselves on ensuring that the product we help you select is the absolute best product for you at the time of applying, however unless anyone has a crystal ball, you can never tell what the future hold in 5, 10, or 20 years time.

There are many reasons to consider a refinance and we are here to help you make the best decision.

How it works

Get in contact with us to discuss your situation and what you're looking for refinancing-wise. We'll talk through your current financial situation, income, and expenses with you to determine what lenders are offering and if you are getting the best deal.

Step #1

Figure out your reason for refinancing

Get in contact with us to discuss your situation and what you're looking for refinancing-wise. We'll talk through your current financial situation, income, and expenses with you to determine what lenders are offering and if you are getting the best deal.

We'll compare the different products available from all of our different lenders and determine the best available options for you after assessing your current financial position.

Step #2

Comparing available options

We'll compare the different products available from all of our different lenders and determine the best available options for you after assessing your current financial position.

Once you’ve chosen your preferred option, the application process works in much the same way as when you applied for your existing loan. In some cases, your home may need to be re-valued.

Step #3

Selecting the right option

Once you’ve chosen your preferred option, the application process works in much the same way as when you applied for your existing loan. In some cases, your home may need to be re-valued.

Once we've helped you choose the loan that's right for you, our local team will prepare an application and take you through the process from start to finish. Once the lender is satisfied with the application, they will inform us that your application has been conditionally approved, which means with some supporting evidence, they will be happy to offer you a loan.

Step #4

Preparing the application

Once we've helped you choose the loan that's right for you, our local team will prepare an application and take you through the process from start to finish. Once the lender is satisfied with the application, they will inform us that your application has been conditionally approved, which means with some supporting evidence, they will be happy to offer you a loan.

We'll go through the process with you, get your approval letter, and then get to work moving all the necessary paperwork across to set up your new loan. Your new lender will pay out the old loan, so you can start making repayments against the new loan.

Step #5

Finalising and settlement

We'll go through the process with you, get your approval letter, and then get to work moving all the necessary paperwork across to set up your new loan. Your new lender will pay out the old loan, so you can start making repayments against the new loan.

Step #1 Figure out your reason for refinancing

Get in contact with us to discuss your situation and what you're looking for refinancing-wise. We'll talk through your current financial situation, income, and expenses with you to determine what lenders are offering and if you are getting the best deal.

Step #2 Comparing available options

We'll compare the different products available from all of our different lenders and determine the best available options for you after assessing your current financial position.

Step #3 Selecting the right option

Once you’ve chosen your preferred option, the application process works in much the same way as when you applied for your existing loan. In some cases, your home may need to be re-valued.

Step #4 Preparing the application

Once we've helped you choose the loan that's right for you, our local team will prepare an application and take you through the process from start to finish. Once the lender is satisfied with the application, they will inform us that your application has been conditionally approved, which means with some supporting evidence, they will be happy to offer you a loan.

Step #5 Finalising and settlement

We'll go through the process with you, get your approval letter, and then get to work moving all the necessary paperwork across to set up your new loan. Your new lender will pay out the old loan, so you can start making repayments against the new loan.

Ready to Save?

Why choose Loan Studio for your next home loan

We're here with you every step of the way

Our focus is on customer service and we’ll be there every step of the way on your journey. From finding the right home, the first loan application, saving for your next property, or living your lifestyle dreams through other finance options.

Friendly & professional service

Our team is highly trained & dedicated to finding you the right solution fast so all you have to do is sit back and relax while we secure an account tailored specifially to suit all your needs including saving, borrowing money, and enhancing savings.

We're locally owned & operated

As a locally owned business, our team at Loan Studio can provide great insight into what’s going on, as well as helping you negotiate with real estate agents on your behalf. Our knowledge and relationships within the community help us provide you with a win-win solution.

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