Mortgage Refix, Refinance, or Restructure
Are you ready to lower your monthly payments, reduce your loan term, or access cash from your home's equity?
A mortgage should fit your life, not the other way around. Let's build a smarter structure that gives you more freedom and control.
We've intentionally grouped our refix, refinance, and restructure services into one meeting for you to book. This way we can compare a refix rate negotiation VS a complete restructure at your existing bank VS a bank switch refinance.
Book your free mortgage review, let's find all of your repayment, equity, and interest-rate options. Then you can make a fully informed strategic decision, and we can action it for you.
First we help our clients with strategy and options analysis, then we switch to helping with administration and rate negotiation.
The Details
Cost $0 | Timeframe 2-8 Weeks | 2+ Meetings |
|---|---|---|
Our service is free. | Varies by lender and loan complexity. | Initial chat and then a strategy session. |
Our 5-Step Mortgage Renewal Process
We follow a strategic process to ensure we deliver a clear benefit to you, aligning your mortgage with short term cashflow needs and your long-term goals.
Step 1: Discovery & Strategy Setting First, we'll have a call to understand your current financial position, your goals, and your story. We then invite you to a strategy session where we share our screen and run through the numbers, showing you how the banks assess your lending, your equity position, and what would benefit you.
Step 2: Strategy & Structure Design Based on our session, we'll give you a breakdown of different strategies you could implement. This could involve a simple refix, setting up a revolving credit facility, using an offset account for your savings, or simply structuring your repayments to clear your debt years sooner. All at the same bank or a new bank.
Step 3: Application & Negotiation Once you're happy with the plan, we collect your documents and manage the application. We leverage our lender relationships to negotiate not just a competitive rate, but also a cash contribution to cover costs and a structure that works for you.
Step 4: Recommendation & Approval With an approval in hand, we'll have a final recommendation call to revisit the strategy and confirm you're happy with every detail. We ensure the new loan structure perfectly matches the plan we agreed on.
Step 5: Legal Process & Settlement Once you give us the green light, we send the documents to your lawyer. They handle the process of repaying your old bank and starting the new mortgage. We time this perfectly with your fixed-rate expiry to ensure a smooth, cost-effective transition.
For Homeowners Wanting to Save Money
If your goal is to reduce costs and improve cash flow, a refinance is your best tool. We can secure a more competitive interest rate and restructure your loan, potentially lowering your repayments. Or, we can show you how to keep repayments the same on a lower rate, allowing you to pay off your mortgage years faster and save tens of thousands in interest.
For Savers & High-Income Earners
Is your surplus income or savings sitting in a low-interest account? We can structure your mortgage with features like revolving credit or offset accounts. This allows your cash to work directly against your loan balance, drastically reducing the interest you pay and helping you become mortgage-free at a pace you control.
For Property Investors & Renovators
A strategic refinance can unlock the usable equity in your property, providing the funds for your next investment purchase or a major renovation. We help you access this capital and structure your lending in a way that supports your portfolio growth and aligns with your long-term wealth creation goals.
FAQ
Mortgage Refinance and Restructuring Questions
Full transcript
Refinancing is the process of replacing your current home loan with a new one, either with your existing bank or by moving to a new lender. The goal is to get a better deal, a more effective mortgage structure, or an overall package that better aligns with your current and future financial goals.
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The best time is usually when your fixed-term rate is about to expire, as this avoids any break fees. However, it can also make sense to refinance if you want to consolidate high-interest debt, access equity for a specific purpose, or if the potential savings from a new lower rate outweigh the cost of breaking your current fixed term.
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The primary benefit is structure. We analyse your current situation and design a new loan structure that helps you achieve your goals, whether that's getting cash back, consolidating debt, lowering repayments, or paying your mortgage off faster. We ensure you get the most competitive rates and a structure that puts you in a better financial position.
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There can be three potential costs: legal fees (typically $900-$1,400), a valuation report (only in rare cases), and a break fee if you end your current fixed-term early. Our goal is to secure a cashback contribution from the new lender that is large enough to cover these costs and leave you with a net benefit.
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Ask yourself: Is my current mortgage structure working for me? Could my surplus income be used more effectively? What are my financial goals for the next 3-5 years? If you feel there's room for improvement, it's worth a conversation. We'll analyse the numbers to see if there's a clear financial benefit in making a move.
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It depends on the overall offer. We always approach your existing bank first to see if they will offer a competitive retention package (rate and cashback). We then compare this against the offers from other lenders. If moving provides a significant net benefit after costs, it's a great option. If your current bank matches the offer, staying can save you paperwork. We do the comparison for you.
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A top-up is borrowing additional money from your current bank under their existing policies. A refinance involves moving your entire mortgage to a new lender to get a better overall package (rate, cashback, structure), and can include borrowing additional funds at the same time.
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Yes, absolutely. Our first goal is always to find a solution with a main bank. We work with you to build the strongest possible application, explaining what went wrong and the steps you've taken to fix it. If a main bank isn't an option, we can explore non-bank lenders who can help you consolidate debt and improve your position, with a plan to refinance you back to a main bank within 6-12 months.
You'll typically need photo ID, proof of income (payslips or business financials), and statements for your existing mortgage, bank accounts, credit cards, and any other debts. We provide a clear checklist to make the process simple and straightforward.
Yes. Consolidating high-interest debt (like personal loans or credit cards) into your mortgage can significantly lower your interest costs and simplify your repayments. You can also access your home's "usable equity" (up to 80% of your property's value, less your current mortgage) for purposes like renovations, investments, or purchasing a significant asset like a boat.
Interest rates are dynamic. Shorter-term rates (1-2 years) are heavily influenced by the Official Cash Rate (OCR), while longer-term rates (3-5 years) are more affected by international markets. Choosing a term depends on your personal situation—are you planning to sell, expecting an income change, or do you want stability? We sometimes recommend "interest rate averaging" (splitting your loan across different fixed terms) to smooth out the impact of rate changes.