Refinancing
Take advantage of better rates on the market and start saving
Rated 5 from 66 Reviews
Take advantage of better rates on the market and start saving
Rated 5 from 66 Reviews
Refinancing is a significant step for both first home buyers and first time investors in Australia. At New Level Lending, we understand the importance of making informed decisions about your financial future. Refinancing allows you to access loan options from banks and lenders across Australia, potentially securing a more favourable interest rate and better loan terms. Whether you are looking to release equity in your property or simply reduce your loan repayments, refinancing offers a range of benefits tailored to your financial situation.
When considering refinancing, one of the primary advantages is accessing a lower interest rate. A reduced rate can lead to significant savings over the life of your loan. By evaluating your credit history and financial situation, New Level Lending can help you find refinance interest rates that align with your goals. For those whose fixed rate period is ending, transitioning to a variable interest rate or finding a new fixed interest rate can be beneficial. Our access to banks and lenders nationwide ensures that you have a variety of options to choose from, each offering unique benefits depending on your needs.
Another key consideration when refinancing is the opportunity to release equity in your property. This can be particularly advantageous for first time investors looking to buy their next property. By refinancing, you can unlock the equity built up in your current home, providing funds that can be used as a deposit for your next investment. This process involves assessing your current loan amount and property value to determine the equity available. With New Level Lending's guidance, you can explore the best ways to leverage this equity, thereby expanding your investment portfolio or making improvements to your existing property.
Refinancing also offers the chance to consolidate debts, reducing financial stress by streamlining multiple repayments into one manageable monthly payment. By doing so, you may achieve a lower overall interest rate and simplify your budget. This process involves reviewing your bank statements and existing debts to find a solution that suits your lifestyle and goals. Additionally, refinancing can allow you to change your loan term, either extending it to reduce monthly payments or shortening it to pay off the loan faster. Our streamlined application process ensures that checking eligibility for special lender policies is straightforward and stress free.
In summary, refinancing with New Level Lending provides numerous opportunities to improve your financial standing. From accessing better loan options to releasing equity for future investments, our expertise allows you to make informed choices tailored to your needs. As you consider refinancing, remember that understanding your options is key. Contact New Level Lending today to explore how we can assist you in achieving your financial goals through refinancing.
Initial Consult
Have a chat with one of our qualified Mortgage Brokers who will understand your situation and talk you through the next steps.
Fact Find
We'll work with you to understand a bit more about your situation (including your financials, assets etc.) to make sure you will qualify for a loan.
Loan Approval
We'll find the best loan on the market for you and your situation and present you back some options.
Sit back and relax!
We'll prepare and submit your application on your behalf and let you know when it's all complete.
Book AppointmentAK
Ang Kelly
Jake at New Level Lending is fabulous to work with. He’s always accessible, always keeps you updated on the progress of your loan and understands each individuals needs and requirements. I would 100% recommend Jake.
RP
Russell Pegg
We have recently engaged with Jake to help assist us with the purchase of our first home in Australia as the process seemed a bit daunting. Jake explained our options in plain English and was super supportive throughout the process. He was highly responsive and made the process simple so that we could enjoy looking for our new home.
LP
Layne Parker
As a first home buyer, I couldn’t have asked for a better broker than Jake! He made the whole process so quick and stress free, helping me find a house and guiding me through every step. Jake was always available and incredibly patient with every question I had making the process as a first home buyer so much less stressful. Definitely recommend Jake !
Yes we can and we've helped many clients in this scenario! Reviewing your home loan doesn't always mean switching to another lender. Sometimes it's a matter of us liaising with your bank and agreeing on a more competitive solution. We will; analyse your current loan structure, understanding what's available and liaising with your current lender.
As a homeowner, you know all about working hard. Now it's time to make your home work hard for you. We can help you leverage your existing equity by; maximising borrowing power and cash flow, preparing an application to the lender and ensuring your loans are structured well.
Yes! As moving into your first home is exciting, we guide you through the process and help you; access government grants including the First Home Owners Grant (FHOG), the home guarantee scheme, getting in with a lower deposit and avoiding lenders mortgage insurance.
Of course! If you've outgrown your home and are keen to move to something that better suits your lifestyle, we can help by; leveraging equity and repayment history, preparing the loan application (whether it's a home loan or construction loan) or structuring the loan to suit your needs.
As a mortgage broker, we have insight into the banks' closely-guarded lending policies, we can help you apply for an appropriate lender. We will; analyse your financials, understand your goals and help you determine the best match.
If your bank won't play nice, we can help facilitate the move to another lender. We do this by; assessing your situation and goals, scouring the market for suitable offers and preparing all the paperwork.
New Level Lending ABN: 96 661 507 384, New Level Lending Pty Ltd ABN: 96 661 507 384. Credit Representative #543337 is authorised under Australian Credit License #389328.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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