Evaluate Your Loan Status
We look at your rate, fees, remaining term, features and any break costs before comparing your loan with what else may be available.
Make Sure Your Current Loan Still Works for You
A free review with no obligation to switch lenders or change anything.
Your financial position changes. A loan that suited you may not be your best option. We can review your arrangement and suggest necessary changes.
Refinancing and restructuring debt
Refinancing replaces your home loan with a new one, either from a different lender or your current one. Borrowers often stay on loans after their needs change. A WeFinance broker will review your loan and compare it with current options, considering the true cost of switching.
Book your free loan review
Find out whether your current loan is still working for you. No obligation to switch anything.
What a Refinancing Review Involves
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Lender & Product Comparison
We compare options from our lender panel based on your specific circumstances — not just the headline rate or a single product.
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Debt Restructuring Guidance
If you have multiple debts, we can discuss whether consolidating them may be appropriate and help you understand the full implications.
Loan Feature Review
We assess whether your current loan structure — fixed, variable, interest-only or P&I — still aligns with your goals and plans.
Full-Cost Impact Analysis
We look beyond the monthly repayment to understand the total cost of any changes — fees, term, interest and long-term position.
Equity Access Assessment
If you have built equity, refinancing may open the door to accessing it. We can assess whether this is viable and what it would involve.
When Is It Worth Reviewing Your Loan?
Is This Right for You?
General information only. Whether refinancing is suitable depends entirely on your individual financial position, objectives and the costs involved.
Your fixed rate has ended or is about to expire
You have not reviewed your loan in two or more years
Your income or financial circumstances have changed
Your current repayments feel difficult to manage
You want to consolidate multiple debts into one facility
You are paying for loan features you no longer use
You want to access equity for a specific purpose
You want to see how your current lender compares
You may have enough equity now to remove LMI
When did you last review your home loan?
If it has been more than two years, your loan may no longer reflect what is available. A free conversation is the quickest way to find out where you stand.
How a Refinancing Review Works
Four straightforward steps from your first question to settlement.
1
Initial Consultation
We understand your loan, financial position, and goals—lower repayments, restructure, or debt consolidation.
2
Review of Your Existing Loan
We look at your loan in detail — rate, fees, remaining term, any break costs — and compare this against your current financial position and goals.
3
Research and Comparison
We research suitable options and present a full-cost comparison — not just the new rate. You will understand all the trade-offs before making any decision.
4
Application to Settlement
If you proceed, we manage the application with the new lender, coordinate discharge with your existing lender, and keep you informed.
Take the Time to Review What You Are Paying
Many borrowers stay on a loan set up years ago without ever checking whether it still suits them. One conversation could give you a clearer picture — whether that means making a change or confirming you are already in a good position.