Thinking of changing banks?
Selling, paying off your home loan, changing security or moving banks? Let us help you find the right solution for you.
What to expect when refinancing your loan
Extra costs
It's important to understand the full suite of fees and charges that come with refinancing, such as:
- Mortgage application fees
- Discharge fees
- Settlement fees
- Property valuation fees
Downfalls
Though refinancing can initially look appealing there can be impacts in other areas, this can include:
- Lenders Mortgage insurance
- Decrease in credit score
- More interest over time if you increase your loan term
- Not acquiring better terms due to low appraisal
Lengthy process
Refinancing involves a lot of paperwork and preparation such as:
- New application
- Discharge of current mortgage
- Providing personal details and history
- Property valuation
- Loan approval and settlement
Wish to continue with the process?
We will just need some details and we will be in touch within 2 business days.
This information has been prepared without taking into account the personal financial situation, objectives or needs. Before acting on this information, you should consider its appropriateness, having regard to your objectives, financial situation and needs. You should always seek professional advice or assistance before making any financial decisions.
How we
can help
Contact us
You can contact us by calling us, visiting us, making an appointment, using Web Chat or Secure Mail.
Call us
We’re here to answer any questions you might have – make sure you have your Access Code ready!
Visit us
Our friendly staff at 400 King William Street, Adelaide can help you with all your banking needs.
Make an appointment
Book an appointment with one of our local Home Lending Specialists now.