Home loans

Refinancing

Whether you’ve had your home loan for a few years, or your family situation or household income has changed, it is always a good idea to do regular ‘health checks’ on your finance situation.

On your own this can be a daunting task, with some many loan products to review. In addition, making the switch to another bank or lender can be a difficult and costly decision, which can set your financial position backwards.

At Loan Studio, our dedicated home loan experts will guide you through the refinance process and work with you to find a solution to suit your individual needs. Our home loan experts can guide you through Renovation Loans, saving on set up and exit costs, obtaining better interest rates, improving your cash flow, comparing home loan products and answer your questions.

To get you started we have collated all of the questions we have been asked by our Upgrader clients, check out our FAQs, or download our handy Refinancing Checklist.

Renovation Loans

If your family is expanding, or you just need that extra packing space as the garage can’t store anything else... We will help you to organise a loan to finance your renovations or extension but also do a health check to ensure you have the most suitable loan to fit your changing needs.

Getting a renovation loan specialist involved in your plans early can help you to establish a realistic budget for your renovation, and to ensure you can successfully complete your project and start enjoying it, without running short of funds half way.

There are a few ways to fund your home renovation depending on your current loan situation;

  • Use the equity in your home and top up the loan or re-draw on additional historical payments,
  • Refinance your current home loan to achieve a more efficient solution,
  • Choose a Construction Loan with to enable progressive fund draw down,
  • Line of Credit or Personal Loan suited for smaller renovation projects.

#AskLoanStudio

With hundreds of videos, fact sheets and blog articles #AskLoanstudio is your very own financial info hub. 
Take a look at our recent articles on Home Loans.

Blog 1100x733 refinance May 1

Homeowners refinancing in record-high numbers: explore your options

Homeowners in record-high numbers are taking advantage of reduced interest rates and competitive refinancing offers. Are you....
Read More >
Blog 1100x733 deferral extension

Loan deferrals to be extended for customers who need extra breathing space

Home and business owners struggling financially due to COVID-19 will be given another four months to resume paying back their....
Read More >
Blog 1100x733 open banking

Why you should care about the new ‘Open Banking’ era

‘Open Banking’ is now officially upon us. But what does that mean and why should you care? Well, in a nutshell, it’ll be....
Read More >
Blog 1100x733 homebuilder plus

You might be closer to your first home deposit than you think

You’ve probably heard the federal government is giving $25,000 grants to eligible Australians looking to build or substantially....
Read More >

Want to compare home loan products?

Find the right home loan product for you

Compare now

Questions about Refinancing?

Speak with us