Low Rate Home Loan
5.0 from 437 Google reviewsLow Rate Home Loan · Pakenham, VIC
PAYGRefinanceFirst home buyersInvestors
Mortgage brokers for refinancing in Melbourne
Compare mortgage brokers in Melbourne who help with refinancing. Check their BrokerScore and reviews, and see which lenders they work with.
1 refinancing specialist in Melbourne
How we rankMore highly rated mortgage brokers in Melbourne
These mortgage brokers haven’t listed refinancing as a specialty on BrokerScore. Many still help with it, so it’s worth asking.
Anil Dadlani
5.0 from 28 Google reviewsMortgage Choice Anil Dadlani · Craigieburn, VIC
Website verified
ConstructionPAYGFirst home buyersCommercial
Integrity Finance Australia
5.0 from 134 Google reviewsDingley Village, VIC
Upsizing and bridgingPAYGFirst home buyersInvestors
When refinancing makes sense
Common reasons are a lower rate, finishing a fixed term, consolidating debts, releasing equity for renovations or an investment, or wanting features like an offset account. It can also make sense if your property has grown in value and your loan is now a smaller share of it.
Costs to weigh up
Look at discharge fees on your current loan, any break costs if you’re fixed, application and valuation fees with the new lender, and government registration fees. If you’ll borrow more than 80% of your property’s value, check whether lenders mortgage insurance applies again.