Loan Refinancing

Loan Refinancing

With the finance and lending market ever-changing, our advice is never to remain in your loan product for the lifetime of your loan.

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Home Loan Services

Refinancing an existing home loan

GA Finance - Loan Refinancing

This type of finance is not for the set-and-forgetters. With the finance & lending market ever-changing, our advice is never to remain in your loan product for the lifetime of your loan.

At GA Finance we pride ourselves on ensuring that the product we help you select is the absolute best product for you at the time of applying, however unless anyone has a crystal ball, you can never tell what the future hold in 5, 10, or 20 years time.

Not just from a property perspective, but personally.

There are many reasons to consider a refinance and we are here to help you make the best decision.

How it works

Just got a pay rise and decided you want to fix your interest rate for longer? We are experts at quickly locating new financing options that can help you save money on your mortgage payments or switch to a loan with better features.
Get in touch
Get in contact with us to discuss your situation and what you're looking for refinancing-wise. We'll talk through your current financial situation, income, and expenses with you to determine what lenders are offering and if you are getting the best deal.
Step #1
Figure out your reason for refinancing
Get in contact with us to discuss your situation and what you're looking for refinancing-wise. We'll talk through your current financial situation, income, and expenses with you to determine what lenders are offering and if you are getting the best deal.
We'll compare the different products available from all of our different lenders and determine the best available options for you after assessing your current financial position.
Step #2
Comparing available options
We'll compare the different products available from all of our different lenders and determine the best available options for you after assessing your current financial position.
Once you’ve chosen your preferred option, the application process works in much the same way as when you applied for your existing loan. In some cases, your home may need to be re-valued.
Step #3
Selecting the right option
Once you’ve chosen your preferred option, the application process works in much the same way as when you applied for your existing loan. In some cases, your home may need to be re-valued.
Once we've helped you choose the loan that's right for you, our local team will prepare an application and take you through the process from start to finish. Once the lender is satisfied with the application, they will inform us that your application has been conditionally approved, which means with some supporting evidence, they will be happy to offer you a loan.
Step #4
Preparing the application
Once we've helped you choose the loan that's right for you, our local team will prepare an application and take you through the process from start to finish. Once the lender is satisfied with the application, they will inform us that your application has been conditionally approved, which means with some supporting evidence, they will be happy to offer you a loan.
We'll go through the process with you, get your approval letter, and then get to work moving all the necessary paperwork across to set up your new loan. Your new lender will pay out the old loan, so you can start making repayments against the new loan.
Step #5
Finalising and settlement
We'll go through the process with you, get your approval letter, and then get to work moving all the necessary paperwork across to set up your new loan. Your new lender will pay out the old loan, so you can start making repayments against the new loan.
Step #1 Figure out your reason for refinancing
Get in contact with us to discuss your situation and what you're looking for refinancing-wise. We'll talk through your current financial situation, income, and expenses with you to determine what lenders are offering and if you are getting the best deal.
Step #2 Comparing available options
We'll compare the different products available from all of our different lenders and determine the best available options for you after assessing your current financial position.
Step #3 Selecting the right option
Once you’ve chosen your preferred option, the application process works in much the same way as when you applied for your existing loan. In some cases, your home may need to be re-valued.
Step #4 Preparing the application
Once we've helped you choose the loan that's right for you, our local team will prepare an application and take you through the process from start to finish. Once the lender is satisfied with the application, they will inform us that your application has been conditionally approved, which means with some supporting evidence, they will be happy to offer you a loan.
Step #5 Finalising and settlement
We'll go through the process with you, get your approval letter, and then get to work moving all the necessary paperwork across to set up your new loan. Your new lender will pay out the old loan, so you can start making repayments against the new loan.

Why choose GA Finance for your next home loan

We're with you every step of the way

Our focus is on customer service and we'll be there every step of the way from finding the right home to moving in, saving for your next home, or living your lifestyle dreams through other finance options.

Friendly and professional service

Our team is highly trained and dedicated to finding you the right solution fast so all you have to do is sit back and relax while we secure an account tailored specifically to suit all your needs including saving, borrowing money, and enhancing savings.

Transparent and consistent service

We will always provide you with the best recommendations to help you make the right refinancing choice for your specific situation. We'll also always go through each product in detail with you and explain what is involved before you commit.

FINANCE IS CONFUSING - ASK AWAY!

Frequently asked questions

Generally, when refinancing you’ll need to present the following documents to your your new lender:

  • Recent payslips that document your income.

  • Your latest Tax Assessment Notice

  • A letter from your employer that confirms your salary

  • Forms of ID, like your passport or driver’s license

  • Financial and credit documents (such as credit card statements, evidence of your current mortgage and bank account statements)

Having all of these on hand will make the refinancing process quicker.

The usual refinancing process involves applying for a home loan, then your new lender make contact with your current one to arrange the final payout of the existing loan. The length of time this process will take can vary from lender to lender, but generally speaking, it will often take between two and four weeks.

You may be required to get property valuation done in order to refinance your existing loan. This is often done to ensure that the lender is comfortable with the value of the property before they provide a loan against it.

You shouldn’t have to be a
finance expert to get the best result.

We make the over-complicated seem easy, so you can walk away being the expert of your own finances.

Talk to us and find out how we can help you
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