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REFINANCE NEWCASTLE

HOW MUCH CAN YOU SAVE?

If you have a home loan, get your latest statement and if your rate starts with a 4 or more you’re probably paying way too much.

On a $350,000 loan, a 0.5% drop in your interest rate could save you:

per Month
$ 0
per year
$ 0
Over the life of your loan
$ 0

We regularly save clients thousands of $ every year on their mortgage repayments.

Find out how much you can save now!

WHAT DOES REFINANCING COST?

We charge nothing as the new lender pays us to bring them your business. There will be a cost to discharge the existing lenders mortgage, and to register the new lenders mortgage.

We can help outline the costs involved as well as how much you can save through refinancing.

"I was paying 4.76% interest on my investment loan. Dave from Home Loans Newcastle helped me refinance to another lender at 3.97% - and the loan had a full offset account! I’m now saving around $166 every month – over $2,000 per annum. "
Kathy
St Kilda
"We thought we were on a good interest rate, but Dave was able to show us how much we could save by moving our loan to a better rate lender.  Dave answered all of our questions - and was always available to meet and discuss options for our current and future property loans plans.  We are now saving over $4,314 in interest every year!" 
David and Donna
Mayfield

We'll pay you $250 when your refinanced loan settles!

If you use us to refinance, we’ll pay you $250 when your loan settles!

WHY REFINANCE YOUR HOME LOAN?

It’s always a good idea to regularly review your current home loan to make sure it meets your need, especially if your situation or circumstances change.

Lenders are offering great incentives!

As credit becomes harder to get a lot of lenders are offering great incentives for you to change banks, including:

  • Cash-Backs
  • Frequent Flyer Points
  • Gift Cards
  • Waiving Application Fees
  • Interest Rate Discounts

It’s never been a better time to check your home loan statement and contact us to see if you can get a better deal on your loan.

BEWARE

While you’re looking at the available options, be warned!

Refinancing has its hazards and needs to be considered carefully before moving forward.

We help customers refinance everyday – and know what the dangers are and can give you a range of options from a lot of lenders to make sure you get the best deal for your personal situation.

CHOICE OF LOANS AND LENDERS

We have lots of loans from a wide variety of lenders and will work with you to find the loan that suits your individual circumstances.

We can ensure you’re armed with the all the information you need to help you on your way to owning your own home or your 1st or next investment property.

Has your situation changed? Your loan(s) might need to change as well!

A change in your circumstances often means it is a good time to review your finances.

And while the idea of refinancing can be painful – we do all the work and handle all the paperwork.

The right refinanced loan might help you to:

  • Pay off your mortgage faster
  • Save interest by getting a better interest rate
  • Clear high-interest debt
  • Waiving Application Fees
  • Leverage your equity to renovate, buy a new(er) car or take a holiday
  • Use your equity to buy an investment property
"Dave and the team at Newcastle Home Loans helped us a few years ago with property purchase finance and at present are doing a great job of our refinance. Over the years I have recommended them to friends and family as the service is personalised and very pro-active"
Rhys and Katie
Fletcher
"Dave helped us refinance our existing loan, and get us an additional $25k for renovations that will add value to our property.  By getting us a lower rate loan, the repayments on our new loan are below what we were paying before – and we have an extra $25k!  We would recommend you make contact with Dave at Home Loans Newcastle to get the right advice and help,"
Tim and Amy
Canberra

Here to help!

We care about our clients. We regularly help people save thousands every year on their mortgage repayments.

A Client's experience using refinance Newcastle

"Dave is extremely generous with his time and resources and helped us almost daily through the whole process, yet it didn’t cost us anything as mortgage brokers are paid by the bank. To celebrate moving into our new home he even gave us a $250 Bunnings Voucher, so we could buy a lawnmower, and he bought our son a kid’s gardening kit to get him started, needless to say he thinks mortgage brokers are super heroes! My husband and I recently refinanced our property (turning it into an investment) and then purchased a home for our family with the fantastic help of Dave from Home Loans Newcastle. Buying a property can be daunting but Dave has a knack for explaining every step in plain English and for being available any time to help in any way he can. On so many occasions he was more than happy to meet us at 6am at the beach to sign documents or explain the next step, and we’ve lost count of how many coffee’s we owe him! Dave used easy to understand spreadsheets to help clarify our decision to refinance and buy an investment property using better loans and through more efficient use of our finances. No matter where you are on your property journey it’s worth meeting with Dave to discuss your options and learn more about the property market. It’s always relaxed, informal and reassuring."
Sam, John and Alex
Charlestown

How much can you save?

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FAQ

Now is always a great time to shop around or check that you have the right loan for your needs.

We’re a great starting point. Taking into account what interest rate you’re currently paying, what type of home loan you have (e.g. fixed, variable, interest only, line of credit) and what features you want in your loan, we can quickly identify and explain your options.

This is one of the reasons some people refinance. The advantage is that you pay a much lower interest rate on a mortgage than for most other forms of debt – e.g. credit cards, overdraft facilities, personal loans etc.

If you do refinance to consolidate debt, try to keep the amount of the consolidated debt separate, so that you can pay it off quicker.  That way you won’t have the debt being on your home loan for an extended period, which in the long run could negate the benefits gained from getting a better interest rate on high credit card or car loan debts.

Let us help you do this, as there lots of loan options available:

• Variable rate loans
• Fixed rate loans
• Split rate loans
• Basic loans
• Offset loans
• Construction loans
• Lines of credit

Each has its benefits and pro’s and con’s – so let us help guide you through the maze of options.

Depending on your loan, penalty fees could apply if you’re paying off your current mortgage early.

This usually only applies to fixed rate loans.

But these costs are normally more than offset by the savings you make when you switch home loans. We’ll walk you through any fees that could apply in your circumstances.

We recommend every 2-3 years, to ensure the loan still meets your needs.  Consider the total cost of the loan, not just the interest rate.

Refinancing involves paying out your current loan with a new one. It may shorten your loan term and reduce repayments on your loan, so you can afford to make extra mortgage repayments and own your home sooner.

There are a number of reasons why people refinance:

• Better interest rate
• More loan features in a new loan
• To get a free offset account
• To leverage equity in a property and use it to buy another property
• As their rate is about to move from fixed to variable and thus increase
• To consolidate debts (credit card, car loans, store cards etc)
• Your lender’s rate is no longer competitive
• A major change has occurred in your financial situation
• You’re looking for more money to pay for something major like a home renovation, a child’s education, or to buy an investment property
• You want to switch to a fixed rate at an opportune time
• You’ve started accumulating large credit card debts and want to consolidate
• You might not own the property for much longer
• Early exit fees are high on the exiting home loan
• Your recent credit history has an issue – making it less likely you’ll get a good rate
• You’ve started business or you have irregular income

Around 56% of borrowers now use a mortgage broker.

• We work for you, not the banks
• We meet with you, when and where it suits you
• We get to know your personal situation and future goals
• We research the many different lender options available
• We use our knowledge of the market to negotiate with the lenders
• We ensure options are right for you, not what’s right for the lenders!

And once you’re happy with what has been recommended, we’ll:

• Organise all the paperwork
• Manage the application process
• Work with your conveyancer to ensure a smooth settlement

We are there to look after your interests, and to ensure you get the best deal.

We’ll pay you $250 when your refinanced loan settles!

If you use us to refinance, we’ll pay you $250 when your loan settles!

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