A Better Rate Is Probably Out There
If you haven't reviewed your mortgage in the last 2 years, there's a good chance you're paying more than you need to. We compare 40+ lenders and do the hard work - for free.
The Market Has Changed. Has Your Loan?
Lenders constantly compete for your business with better rates and cashback offers - but they rely on borrowers not noticing. We notice on your behalf.
Refinancing at a Glance
Refinancing Without the Hassle
We handle everything - you just approve the move.
Rate Review
We review your current loan and compare it against 40+ lenders. You'll see the numbers clearly - savings vs costs - in plain English.
Lender Recommendation
We shortlist the best options for your situation and explain exactly why. No pressure - you decide if and when to proceed.
Application & Approval
Once you're ready, we prepare and lodge your refinance application and manage the lender's assessment on your behalf.
Settlement
The new lender pays out your old loan. Your repayments switch - and you start saving. We confirm everything at each step.
Is Refinancing Right for You?
Refinancing makes sense in most cases if you haven't reviewed your loan recently. You're likely a good candidate if:
- You've had your current mortgage for 2+ years without a rate review
- Your property value has increased (giving you more equity)
- Your financial situation has improved since you first applied
- You want to change loan features, add an offset account, or consolidate debt
- You're paying a rate above 6% and haven't checked the market recently
Refinancing FAQs
This depends on your loan balance and current rate, but many of our refinancing clients save between $3,000 and $8,000 per year. We calculate your exact saving before you commit to anything.
There can be discharge fees from your current lender (usually $150 - $400) and government registration fees. Fixed-rate loans may also attract break costs. We factor all of these into our comparison so you see the net saving.
No. Refinancing between lenders is simpler than buying a property - there's no conveyancer required. We manage the entire process.
From application to settlement typically takes 4 - 6 weeks, though some lenders move faster. We keep you updated throughout.
Every new loan application involves a credit enquiry, which has a small short-term impact on your credit score. We submit applications strategically to minimise this.
Yes - though LMI may apply if your LVR is above 80%. In some cases the savings from a better rate still outweigh the LMI cost. We model both scenarios for you.
Talk to an Ignite Broker Today
Whether you're ready to apply or just exploring your options - we're here to help with no obligation.
Book Your Free Consultation
A no-obligation chat with Ali or one of our team. We'll walk through your options and give you a clear picture of what's possible.
Or call 08 8379 3636