Refinancing

Want to slash your living costs by hundreds of dollars a month, and align your finance with your wealth goals, at no cost to your lifestyle?

KnowHow Property has saved clients millions of dollars through refinancing. Will you be one of them?

Refinancing is a process that is under-utilised by most Australian home owners. In its simplest form, refinancing just means re-negotiating a better finance deal with your current lender or going to market to find the best possible home loan product for your needs and goals. 

And when you work with the finance architects at KnowHow, who are more than mortgage brokers, you get strategic finance solutions that are tied to your personal, family and wealth goals. 

Of course, there’s a chance that you may not be eligible for refinancing, or it may not be the best option for you at this moment in time. So make sure you talk to us and get expert advice about the best finance move for you.

Refinancing for home owners

Australians are working harder and longer, yet are struggling with the most personal debt in the world. Now interest rates and inflation are providing more pain. But there’s a quick and easy way for property owners to free up much needed breathing space and live again. 

If you have a home loan, refinancing solutions from KnowHow’s specialist finance architects will give you options to boost bank balance. This could include renegotiating your loan or refinancing with a better value lender, incorporating offset accounts, weekly repayments and credit consolidation, freeing up between $400 and $1200 a month.

The savings you make could help shave years off your home loan. If structured the right way, even a few hundred dollars a week will save you over $100,000 in interest and you’ll pay off your loan years earlier!

Refinancing for aspirational investors

Investing in property is the safest and most sustainable way for Australians to build wealth and live by design. 

If you’re a home owner who wants to take the next step into property investment, one of the first steps is optimising your finances and refinancing is a crucial part of the strategy. 

Through refinancing, you could free up equity and cashflow to support the purchase of an investment property and take a major step forward in your wealth creation journey. 

Refinancing for property investors

Refinancing is a key strategy for the smartest property investors. 

For many of our current investor clients, we have an ongoing refinancing cycle where we regularly review their current investment finance deals and structures, optimise and renegotiate with lenders, and free up more finance for more property purchases. It is a powerful way to accelerate your property investment and wealth ambitions!

There’s also the little known risk of bank cross securitisation, where a lender uses more than one property to secure a loan. This could see unsuspecting property owners lose their home. KnowHow has an innovative process to protect our clients and put them back in control.

When should you consider refinancing your property?

There’s no hard and fast rule when it comes to refinancing, but we suggest that you get in touch to weigh up your options every 18 months, at least.

Want to be ‘loyal’ to your bank? 

You shouldn’t! 

You’re effectively paying a ‘loyalty tax’ – the longer you stay, the worse deal you’re likely to be getting compared to your bank’s new customers and the rest of the loan market. 

Want to find out your refinancing options?

Book a no obligation appointment with our expert team now, or get in touch to ask us anything.