Refinance a Home Loan

We're here to help you Refinance your Home Loan

Refinancing your home loan can seem like a formidable task. Yet, with proper guidance, it transforms into a chance for significant financial improvement, from reduced interest rates to enhanced loan features. Enter Luxe Finance Group. Based in Perth, we offer our professional services nationwide, simplifying the home loan refinancing journey for homeowners throughout Australia, ensuring clarity and understanding regardless of your location.

Making the decision to refinance your home loan is a pivotal step towards meeting your financial objectives. Whether you aim to lower your monthly repayments, decrease the term of your home loan, or access the equity in your property for upgrades or investment opportunities, refinancing your home loan might just be your solution. Luxe Finance Group stands ready to guide you. Armed with a profound insight into the market and a dedication to bespoke service, we align your current circumstances with an array of home loan options to make your refinancing choice as advantageous as possible.

Why opt for Luxe Finance Group for your home loan refinancing essentials? Our team is not just informed but genuinely committed to enhancing your financial outlook. We demystify the home loan refinancing process, managing all intricacies on your behalf. From your first consultation through to finalising documentation, we accompany you at every phase, guaranteeing a seamless and hassle-free transition.

In a realm saturated with choices, selecting Luxe Finance Group for your home loan refinancing signifies choosing a partner dedicated to prioritising your financial health. Let us assist in refining your mortgage to better serve you, across Australia.

Let's explore scenarios that lead to you refinancing your Home Loan

Your fixed-rate period is ending soon.

When you have a fixed-rate Investment Loan, it typically lasts for 1 to 5 years. After that, your loan switches to a variable interest rate, which might differ from what you were paying before. If the interest rates have increased since you fixed your loan, the new interest rate could be higher. Conversely, if rates have decreased, you might end up with a lower interest rate. When you're a few months away from the end of your fixed-rate term, it's wise to talk to a mortgage broker like Luxe Finance Group. They can assist you in selecting the best Investment Loan option for your situation, whether it's sticking with your current lender, getting a new fixed-rate Investment Loan, or switching to a different lender. Choose the option that aligns with your financial goals.

You want to tap into your property's equity

If you wish to purchase another property, renovate your existing property, or access cash for a significant expense, you may be able to leverage the equity in your property. Refinancing your Investment Loan can facilitate access to this equity. However, accumulating equity doesn't necessarily mean you can access all of it. To determine how much you can access, reach out to the team at Luxe Finance Group.

You want to adjust your loan term

At times, you might consider refinancing to alter the duration of your Investment Loan. If your income has risen and you can afford higher repayments, switching to a shorter loan term could lead to long-term interest savings. But before committing to higher repayments, consider whether you'll still manage them if interest rates rise or your income decreases. Conversely, if you aim to reduce your repayments, extending the loan term could be beneficial. However, remember that a longer term entails more interest payments, resulting in higher overall costs.