Review your existing home loan against current lender pricing and loan options. We first request a pricing review from your existing lender and, where there may be a better outcome elsewhere, compare the costs and benefits of refinancing.
Refinancing is not always about changing lenders. The first step is understanding whether your existing home loan remains competitive and whether its structure still suits your circumstances.
For our existing Mortgage Broking clients, we proactively request a pricing review from the lender every six months to help ensure the interest rate remains competitive.
If your existing lender provides a competitive outcome, staying with them may avoid the cost and administration of refinancing. If the lender is no longer competitive, we can compare relevant alternatives across our lender relationships.
Before recommending a refinance, we consider the interest rate, fees, potential switching costs, loan features and the structure of the proposed lending so you can understand whether moving lenders provides a genuine benefit.
Review the pricing and fees on your existing lending and compare them with relevant options available in the market.
For our existing Mortgage Broking clients, we proactively request a pricing review from the lender every six months to help ensure the interest rate remains competitive.
Consider discharge fees, establishment or application costs, valuation costs and any fixed rate break costs that may apply before deciding whether refinancing is worthwhile.
Review whether your current fixed, variable or split structure, offset arrangements, repayment type and loan term continue to suit your borrowing needs.
Where your existing lender is no longer competitive, compare relevant lender policies, rates, fees and features across our lender relationships.
If refinancing is appropriate, manage the application and coordinate with the outgoing lender, new lender and other relevant parties through to settlement.
Understand your current interest rate, fees, loan structure, remaining term and what you want the lending to achieve.
Ask your existing lender to review its pricing before considering a move elsewhere.
If the existing lender is no longer competitive, compare relevant alternatives across our lender relationships.
Consider switching costs and any fixed rate break costs against the potential benefit of refinancing.
Consider whether the proposed loan structure and features are appropriate for your current borrowing needs.
If you decide to proceed, manage the application, loan documentation and settlement process.
Remain available as your Mortgage Broking contact and request a lender pricing review every six months after settlement.
A home loan review does not need to result in a refinance.
Where your existing lender responds to a pricing request and the loan continues to meet your needs, remaining with the lender may be the more practical outcome.
Where the pricing, features or structure are no longer competitive, we can then compare other lenders using the updated rate from your existing lender as part of the assessment.
The objective is not to move the loan for the sake of refinancing. It is to help ensure your lending remains competitive and appropriate for your borrowing needs.
A lower interest rate does not automatically mean refinancing will leave you better off.
Depending on the loan, switching costs can include discharge fees, establishment or application costs, valuation costs and government or registration charges. If part of your lending is on a fixed rate, break costs may also apply.
We consider these costs before recommending a refinance and compare them with the potential benefit of moving lenders. This helps determine whether the expected saving is sufficient to justify the change.
It depends on your current rate, loan structure, switching costs and what alternative lenders can offer. We first review your existing loan and request pricing from your current lender. If another option may provide a better overall outcome, we can compare the costs and benefits before you decide whether to proceed.
Potentially. We request pricing reviews from lenders on behalf of our existing Mortgage Broking clients every six months. If your current lender provides a competitive rate and the loan continues to suit your needs, there may be no reason to refinance.
Costs can include discharge fees, establishment or application fees, valuation costs and government or registration charges. Fixed rate loans can also have break costs. We consider the applicable costs before recommending a refinance.
There is no single amount that makes refinancing worthwhile for every borrower. The potential saving should be considered against the cost of moving, the loan amount, the expected period you will hold the loan and whether the new loan provides suitable features and structure.
Yes, subject to lender approval and suitability. A refinance can provide an opportunity to review fixed and variable portions, offset arrangements, repayment type, loan term and other lending features.
A formal home loan application may result in a credit enquiry being recorded on your credit file. We assess suitable lender options before lodging an application to help avoid unnecessary applications.
For our existing Mortgage Broking clients, we proactively request a pricing review from the lender every six months to help ensure the interest rate remains competitive. If the lender is no longer competitive, we can review other lending options with you.
Private Capital Management's Mortgage Broking team is based at Level 26, 1 Bligh Street in the Sydney CBD. We work with borrowers in person in Sydney and online across Australia. Meetings, document collection and signing can generally be completed digitally, allowing us to manage a refinance from the initial home loan review through to settlement.
Licensed and Accredited
ACL 389328
Credit Representative 484265
30+
Lender relationships
Speak with our Mortgage Broking team
Meet with our Mortgage Broking team to review your existing home loan, current lender pricing and the refinancing options that may be available. No loan application is made at this initial meeting.
Book a Mortgage Broking Meeting Or contact us with a question