Home Loans for Owner Occupiers
When you buy a home, the more support, help and tools you can find in one place will make life a lot easier. We can help you understand the buying process and help you make the right decision about the right home loan.
Finding the right investment property requires a clear plan and convenient financing. Whether you need an interest-only loan or a loan with the flexibility to make changes, we offer a range of options and will head you in the right direction to help make your investment a success.
What is refinancing?
Refinancing is the process of replacing your current mortgage with a new one from another lender. Refinancing your loan can take years off your loan term and reduce the total amount of interest paid on your mortgage by thousands so that you can own your home sooner and for less.
Why should I think about refinancing?
The main benefits of refinancing are:
- it can allow you to take advantage of product features that are not available from your current lender, e.g. an offset facility
- it allows you to take advantage of new interest rates or promotions with a new lender
- you may be able to secure additional funds that may not be available from your current lender
What is involved?
We understand that the hassle of refinancing might seem to outweigh the benefits, but a small reduction in your interest rate can quickly add up to thousands of dollars in savings.
The first step is arranging a time to speak to one of our experts. We will help you determine if you should try to renegotiate your rate with your current lender or take advantage of an offer with another lender. At the same time, we make sure you are using the product that suits your situation, as you may be paying unnecessary fees for unused features or missing out on potential savings.
If a change of lender is required, we help you complete the paperwork and send the application to the lender. We handle all the communication with the lender on your behalf, letting you know if further information is required, managing any complications that may arise and most importantly, keeping you in the loop all of the way.
First Home Buyers
Buying your first home is exciting and there is a lot to do. You need to be aware of costs such as state taxation (stamp duty) and also possible government grants available to first home buyers. We can give you a complete rundown of everything you'll need.
Let LoanData help you with your questions or go to our 'Money Tools and Services' and punch in some numbers to gain insight into repayment criteria, stamp duty or your weekly spending.
When you're ready to buy, we'll help you at every step of the way.