Refinancing
Refinance Now – You Could Be On A Better Rate
Is your fixed rate about to expire? Are you worried about the mortgage cliff? Do you think you are paying too much to your current lender? We’ll review your situation and give you an honest, expert opinion.
Find out exactly how much money you could save
Some lenders, comparison websites and online calculators may overstate the cost-saving benefits of refinancing to get you through the door. At Lendesk, we believe in building honest, long-lasting relationships – not one-off transactions. Together, we’ll determine if refinancing your home loan really is in your best interest and provide a detailed summary of costs and savings.
Refinance the right way. We'll help you make a confident decision without the noise.
With hundreds of refinancing options available, you might be wondering: where do I begin? Before evaluating what our lender panel has on offer, we’ll talk through your current situation, model some suitable options based on the information you supply us and usually arrange a free bank valuation if required. Following this, we usually approach your existing lender, giving them the chance to retain the deal by sharpening your interest rate before recommending you refinance your home loan. After all you only want to refinance if the savings can be clearly seen.
Long term support to help you pay off your loan sooner
When your refinance settles with your disired lender, for Lendesk Financial Services, it is not a case of case closed. Instead, we deploy leading-edge software to review your loan every twelve months to ensure that it remains competitive in the market.
Imagine getting a call from us each year to say we reviewed, compared, and possibly improved your rate – all without you doing anything. This is of course, unlikely to happen if you did this direct yourself with a major bank or lender!
On most occasions you will be required to have equity in your property before you are able to successfully complete this process. The general rule of thumb is 20 percent equity which is the yardstick that most banks and lenders will use. However, if you have a strong credit record and rating then it can be possible to do this without equity.
In recent times many banks and lenders have been enticing borrowers to refinance their home and investment loans by offering enticing cash-back benefits at settlement ranging from $1,000 to $4,000. While this may appear quite enticing on the surface it’s worthwhile to look at the bigger picture because as the saying goes there is no such thing as a free lunch. The best way to work out which cashback offers may be suitable for you is to contact the team at Lendesk Finance who will compare refinancing costs and benefits using our industry-leading software. We are highly experienced, reliable and have access to over 30 major banks and lenders to seek out solutions tailored to your needs.
In a rising rate market, more than ever is it important to keep a regular eye on your current interest rate to ensure that it is remaining competitive. You can bet your bottom dollar that your current lender is unlikely going to tell you that there might be a cheaper rate out there that may be more suitable and thats where our difference comes into play. As a client of Lendesk our systems ensure annual reviews of your structure that ensure your loan remains competitive and we work in the background to ensure we needle your current lender to ensure that your interest rate remains as competitive as possible.
In a rising rate market, more than ever is it important to keep a regular eye on your current interest rate to ensure that it is remaining competitive. You can bet your bottom dollar that your current lender is unlikely going to tell you that there might be a cheaper rate out there that may be more suitable and thats where our difference comes into play. As a client of Lendesk our systems ensure annual reviews of your structure that ensure your loan remains competitive and we work in the background to ensure we needle your current lender to ensure that your interest rate remains as competitive as possible.