Refinancing
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Home > Refinancing
Is Your Home Loan Still Working for You?
When was the last time you reviewed your home loan?
If it’s been more than 6–12 months, it may be time for a home loan health check.
Interest rates, lender policies, and loan features change regularly — and so do your personal circumstances. A loan that suited you a few years ago may no longer be the most competitive or flexible option today.
At Finhomes, we help borrowers review their current loan and explore whether refinancing could deliver better value, improved features, or greater flexibility.
Why Consider Refinancing?
Australian lenders are highly competitive, frequently adjusting rates and introducing new loan features. Refinancing allows you to take advantage of these changes by switching to a loan that better suits your current needs.
In some cases, refinancing doesn’t even require changing lenders — we can often negotiate improved terms with your existing lender on your behalf.
Common Reasons Clients Refinance
Your Life or Financial Situation Has Changed
Over time, your circumstances naturally evolve. You may have changed jobs, received a pay increase, started a family, or adjusted your long-term goals. Refinancing helps ensure your home loan remains aligned with your lifestyle and priorities.
It can also be a good time to review your loan if you’re nearing the end of a fixed-rate period or interest-only term.
You Want to Reduce Interest or Pay Off Your Loan Faster
Refinancing may allow you to secure a lower interest rate or restructure your loan to better suit your cash flow. Even small reductions in your rate can save thousands of dollars over time.
You may also wish to access or improve loan features such as:
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Offset accounts
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Redraw facilities
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More flexible repayment options
Alternatively, you may choose to simplify your loan if you no longer need certain features.
How Finhomes Helps with Refinancing
At Finhomes, we compare refinance options across over 50 banks and non-bank lenders to identify solutions that suit your goals. We assess your current loan, explain your options clearly, and manage the process from application to settlement.
Our goal is to make refinancing simple, transparent, and worthwhile — without unnecessary disruption to your finances. We’ll help you understand how much equity you may be able to access and structure it responsibly.
Refinancing can allow you to:
- Fund renovations or upgrades
- Consolidate other debts
- Assist with purchasing an investment property
- Access lower rates or better loan features
- Reduce repayments or pay off your loan sooner
- Unlock equity for renovations or investment
To apply for a home loan, lenders will generally require proof of income (such as recent payslips or tax returns), employment details, and a review of your credit history. You’ll also need to provide information about your assets, liabilities, and overall financial position to support your application.
Most lenders require documents to be current and up to date. In general, payslips should be within the last 30 days, bank statements are usually required for the most recent 3 months, and tax returns or notices of assessment should be for the latest available financial year. Specific requirements can vary by lender and your circumstances, and we’ll let you know exactly what’s needed for your application.
Yes. Most lenders accept digital copies of documents such as PDFs or clear photos. Finhomes uses secure online systems that allow you to upload your documents easily, helping to speed up the assessment process. We’ll advise you if any originals or certified copies are required by a specific lender.
If you’re missing any documents, don’t worry. Let us know what you have available, and we’ll guide you on alternative options or help you obtain the required information. In many cases, lenders can accept substitute documents depending on your situation, and we’ll work with you to keep the application moving.
We build trust with our customers by combining creativity with tailored loan solutions.
Contact Info
- Mon - Frd : 8:00 -16:00
- hello@finhomes.com.au
- 0451 860 254
Office Address
Servicing in South West Brisbane and Surroundings 1 Main St, Springfield Central QLD 4300