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What Is Refinancing? How It Works and When It Makes Sense

What Is Refinancing? How It Works and When It Makes Sense

Refinancing is a powerful financial tool that allows you to replace your existing loan with a new one. Whether you’re looking to lower your interest rate, reduce monthly repayments, access

Using Refinancing as a Smart Debt Consolidation Tool

Using Refinancing as a Smart Debt Consolidation Tool

Debt can feel overwhelming, especially when you’re juggling multiple loans with high interest rates. If you’re looking for a way to simplify your repayments and potentially save money, refinancing your

Refinancing to Access Equity: Unlock Your Home’s Potential

Refinancing to Access Equity: Unlock Your Home’s Potential

Your home isn’t just a place to live—it’s also a powerful financial asset. If you’ve built equity in your property, refinancing can help you unlock that value for a variety

What is Lenders Mortgage Insurance (LMI)?

What is Lenders Mortgage Insurance (LMI)?

For many Australians, buying a home is one of the most significant financial steps they’ll ever take. But if you don’t have a 20% deposit saved, you might encounter something

How Much Deposit Do WA First-Home Buyers Need Plus Low-Deposit Options

How Much Deposit Do WA First-Home Buyers Need Plus Low-Deposit Options

If you’re a first-home buyer in Western Australia, you might be wondering, “How much deposit do I really need?” While the common belief is that you need a 20% deposit

Why is my redraw amount reducing? What you need to know

Why is my redraw amount reducing? What you need to know

If you’ve noticed your redraw amount shrinking or disappearing altogether, you’re not alone. Many Australian borrowers with a redraw facility experience this and wonder, “Why is my redraw amount reducing?”

What happens to redraw when loan is paid off?

What happens to redraw when loan is paid off?

Paying off your home loan is a major milestone, but many borrowers with a redraw facility find themselves asking, “What happens to my redraw funds once the loan is fully

Can I use my redraw to pay my mortgage? What you need to know

Can I use my redraw to pay my mortgage? What you need to know

Redraw facilities are a handy tool for many homeowners managing their home loans, but not everyone knows exactly how to use them. A common question we normally get is whether