Steps to refinancing
Refinancing your home loan should be hassle free. Macquarie Mortgages can help you make moving your loan from another lender easy and convenient.
Simply follow our step-by-step guide below on how to refinance. When you are refinancing, you need to be aware that the home loan provider you’re leaving may charge you fees for discharging your loan and arranging settlement. You should check your loan contract for details of these fees. In some states, government fees and charges may also apply.
- Step 1: Complete our online home loan application or call and we’ll take you through it over the phone
- Step 2: We’ll advise you of our pre-approval as fast as possible and arrange for your property to be valued
- Step 3: Your property is valued
- Step 4: We advise you in writing of your loan approval – we call this formal approval
- Step 5: If approved, loan documents are sent to your solicitor for review and for you to sign and return to us
- Step 6: The loan documents are sent to your solicitor for review and for you to sign and return to us
- Step 7: We’ll then arrange settlement of your loan with your current home loan provider
- Step 8: Settlement confirmation is sent to you
- Step 9: We’ll send access cards and internet and phone banking details for your new loan
To compare our lenders' products and find the home loan that suits you best, speak with one of our Mortgage Consultants on 13 62 27.
Use our comparison calculator to compare home loans based on interest rates and fees to see how much you can save by refinancing your home loan.
All applications are subject to the normal credit approval criteria set by individual funders. Full terms, conditions and schedule of fees are set out in the relevant loan contracts. Terms and conditions, including fees and charges, may be varied or introduced in the future. Fees and charges are payable. Government charges and taxes may apply. This information should be used as a general guide only. Potential investors should seek independent financial, legal and taxation advice before making any financial investment decision.
