Refinancing involves paying out your current home loan by taking out a new loan often on more favourable terms. This can be with your existing lender or a different lender.
How refinancing works
Refinancing means taking out a new loan in order to pay out your current loan. This can be done through your existing lender, or a new one. Looking into your options may save you money in the long run. However, this isn’t guaranteed, which is why your Made For You Finance broker can break everything down to help make sure you end up with the best deal. By working with us you’ll gain access to hundreds of loans. Our brokers always put you first, assessing your unique needs to design the right solution for you.