Refinancing

Whether you're seeking a lower interest rate, looking to consolidate debt, access equity, or simply want a loan that better fits your lifestyle, Gwen @ Ferns is here to guide you to a smarter mortgage solution.

Refinance your home loan to unlock better rates & savings

Your home loan is likely your biggest financial commitment, and it's essential that it continues to serve your best interests. The market changes, your personal circumstances evolve, and what was once the best loan for you might no longer be. That's why refinancing is a crucial financial tool that can save you significant money and provide greater flexibility.

At Ferns Finance, we offer expert, straightforward advice on how refinancing can benefit you:

  • Secure a Lower Interest Rate: Even a small reduction in your interest rate can translate into thousands of dollars in savings over the life of your loan. We'll compare options from over 60 banks and lenders to find you a more competitive rate.
  • Consolidate Debt: Simplify your finances and potentially reduce your monthly repayments by rolling high-interest debts, like credit cards or personal loans, into your home loan.
  • Access Home Equity: Tap into the equity you've built in your property for renovations, investments, or other major life events.
  • Change Loan Features: Switch from a variable to a fixed rate (or vice versa), change your repayment structure, or add features like offset accounts that better suit your financial habits.

Don't leave money on the table. Talk to us today to see how refinancing can work for you.

How to refinance: A simple process with your broker

Refinancing can seem complicated, but with us, it's made simple. Here's what the process looks like.

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1

Your Personal Check-in

‍We'll start by taking the time to truly understand your current financial circumstances and goals. We'll then thoroughly review your existing mortgage, including any potential exit fees or additional costs, to give you a complete picture.

2

Your Custom Shortlist of Options

‍Next, we'll compare your current loan with offerings from over 60 lenders to see if you could be getting a better deal elsewhere. You'll receive a clear, personalised shortlist of our recommendations, which could even include renegotiating with your current lender if that's your best option.

3

Take Action & Optimise Your Loan

‍Once you've made an informed decision, it's time to act! We'll handle all the legwork for you, from application right through to settlement. After that, we'll regularly check in to ensure your new loan continues to work hard for you and your financial future.

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Explore your loan options & their features.

How do the numbers stack up between your loan and another? This calculator can help you find out. Alternatively - reach out and we can run the numbers for you. We always factor in any costs involved to weigh up the overall benefit and determine if refinancing is in your best interest.

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Helpful calculators.

Explore your financial possibilities and understand potential costs with these handy calculators.

Commercial Property Yield/ROI Calculator

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Interest-Only Mortgage Calculator | Compare Payments & True Cost

Calculate your interest-only loan payments, compare them to a P&I loan, and see the total extra cost. Avoid payment shock with our comprehensive calculator.

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Loan Comparison Calculator

Different loans have different fees, features and repayment options. Use our loan calculator to see how the numbers stack up between two loans.

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Frequently asked questions.

View our full FAQs
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How to choose a finance broker?

Choosing a finance broker involves several key considerations:

  • Experience: Look for brokers with a proven track record in the industry.
  • Reputation: Research reviews and testimonials from previous clients to gauge their reliability.
  • Services Offered: Ensure the broker provides the specific services you need, whether it's mortgages, personal loans, or business financing.

Taking the time to choose the right broker can lead to a more successful borrowing experience.

What are the benefits of using a finance broker?

Using a finance broker offers several benefits, including:

  • Access to Multiple Lenders: Brokers have relationships with various lenders, giving clients access to a wider range of financial products.
  • Expertise: Brokers are knowledgeable about the finance industry and can provide valuable advice tailored to individual circumstances.
  • Time-Saving: Brokers handle the paperwork and negotiations, saving clients time and effort.

Overall, finance brokers can simplify the borrowing process and help clients make informed decisions.

What documents do I need for a finance broker?

When working with a finance broker, you'll typically need to provide several documents, including:

  • Proof of Identity: A government-issued ID, such as a passport or driver's license.
  • Income Verification: Recent pay stubs or tax returns to demonstrate your financial stability.
  • Credit History: Brokers may request your credit report to assess your borrowing eligibility.

Having these documents ready can streamline the process and help your broker find suitable options for you.

What government grants are available for first-home buyers in Queensland?

As of now, eligible first-home buyers in QLD can access the First Home Owner Grant and possibly stamp duty concessions. We’ll check your eligibility and help with the paperwork.

What is a finance broker?

A finance broker is a professional who acts as an intermediary between clients and lenders. They help individuals and businesses secure loans, mortgages, and other financial products. By leveraging their knowledge of the market, finance brokers can find the best deals tailored to their clients' needs.

Finance brokers are particularly useful for those who may not have the time or expertise to navigate the complex world of finance on their own. They provide valuable insights and guidance throughout the borrowing process.

What is the process of working with a finance broker?

The process of working with a finance broker typically involves the following steps:

  1. Initial Consultation: Discuss your financial needs and goals with the broker.
  2. Document Submission: Provide necessary documents for assessment.
  3. Loan Options: The broker will present suitable loan options based on your profile.
  4. Application Process: The broker will assist you in completing the application and submitting it to the lender.

This structured approach ensures that you receive personalised service throughout the borrowing process.

Talk to us today about your options.

Talk to us today about your options. Whether you're in Beenleigh, Logan, Scenic Rim, or on the Gold Coast, Gwen @ Ferns Finance is ready to provide expert, straightforward advice.

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