Refinancing Home Loans
Are you sick of interest rate rises? Do you want to consolidate debts? Let QE Loans find you the ideal loan solution to minimise your repayments.
The experts at QE Loans (Sunshine Coast & Mackay) do all the hard work for you, to find you the right loan. Get expert lending knowledge at no extra cost.
Find out what interest rates you can get by refinancing (for free!)
Refinancing Home Loans
Are you sick of interest rate rises? Do you want to consolidate debts? Let QE Loans find you the ideal loan solution to minimise your repayments.
Find out what interest rates you can get by refinancing
Home Loan Solutions - Australia Wide
Where ever you’re situated in Australia, speak to the expert mortgage brokers at QE Loans for great lending solutions.
Are interest rates giving you headaches?
For most people, mortgage repayments are their biggest expense. In recent times, interest rates have changed significantly, increasing your repayments. If you’re not looking for a better option, why not? Are you overwhelmed by the volume of lenders and are not sure where to start? Are you unsure if you’ll qualify to refinance? Great… we solve these problems all day long. Speak to the experts at QE Loans (Sunshine Coast & Mackay) & find out all the answers.
Refinancing your home loan.
Refinancing involves replacing your existing home loan with a new home loan that better suits your current needs.
There are two main types of refinancing:
- External Refinancing: Switching to an entirely new lender, with a new home loan. If your existing lender can’t offer you a more competitive interest rate, the ability to access equity in your property or other benefits, it may be time to weigh up a new lender.
- Internal Refinancing: Adjusting your loan while still remaining with the same lender. This might involve extending the term, changing between fixed and variable, changing to interest-only and so on.
Common reasons to refinance your home loan
Why Refinance Your Home Loan?
There are several common reasons people choose to refinance their home loans:
- Improve interest rates: Find out if you qualify for lower interest rates with your current lender or a new one. Refinancing is an opportunity to potentially reduce your monthly payments.
- Weigh up more lenders: We work with a wide range of lenders, but have no commitment to any of them. Our commitment is to you, not the banks. We review their many options and source the best loan option to suit your unique financial situation.
- Consolidate your debts into a single loan: Refinancing allows you to consolidate personal loans, credit cards, car loans, and other debts into a single mortgage. This can simplify your finances by giving you one manageable payment.
- Use your home equity: Equity is the difference between your home’s value and what you owe on your mortgage. For example, if you own a home worth $650,000 and you have a mortgage of $400,000, the equity in the home would be worth $250,000. By refinancing, you can access this equity to cover any expenses or fund other investments.
- Get more features in your home loan: Not all loans are the same. Some home loans provide added features such as a redraw facility or an offset account which can be of additional benefit to you. Refinancing your home loan can help you switch to a lender with more beneficial features.
Easy process... we do the hard work for you.
People often put refinancing in the too hard basket, because it can seem overwhelming doing it by yourself. But with the help of the expert Mortgage Brokers at QE Loans, refinancing is a simple process for you. We do all the hardwork and research for you, so you can just make decisions.
Here’s a run down of the general process:
- Set your Goals: Once you have a clear goal, we can find the right path to get you there.
- Meeting with QE Loans (obligation free): A simple meeting with our friendly experts will provide you with clarity about your options and allow QE Loans to research solutions on your behalf.
- Prepare Your Documents: Lenders will require some documents to verify your current financial situation. QE Loans can walk you through the requirements, making it as efficient as possible.
- Review the lending options provided by QE Loans: You will be presented with a range of personalised lending recommendations, tailored to your needs. The research has all been done for you.
- Apply for Your Home Loan: Once you’ve chosen your lender, it’s time to submit your formal application. QE Loans will manage the application, ready for your review and approval.
- Property Valuation: Your lender may request a current valuation of your property to confirm its value.
- Loan Approval: Once your lender has approved your new home loan, you’re almost done.
- Settlement: Your refinanced mortgage is now officially active, allowing you to move forward with a home loan that better fits your needs and ideally saves you money.
Finding the right lender can be a needle in a haystack,
unless you know what you're looking for. That's where we come in.
QE Loans on the Sunshine Coast and in Mackay do all the hard work for you, applying expert knowledge to find the lender who best suits your unique circumstances. We even manage the application for you. Our goal is to save you both time and money.
