Refinance
If your property value has increased, or you haven't reviewed your home loan interest rate in over a year, refinancing your property could result in a lower loan-to-value ratio and interest rate.
Why should I refinance?
Some lenders charge existing clients a higher interest rate than new clients. This is known as a loyalty tax. If you haven’t reviewed your home loan in the last twelve months, request a health check on your home loan from an Avant Finance specialist. We have strong relationships with several lenders that provide preferential treatment to doctors and will search the market to find you the most competitive rate.
What is my property worth?
Avant Property Reports# generated by CoreLogic, provide the same information banks and real estate agents use to determine an estimated valuation of your property. The reports provide information on recently sold prices of comparable properties in the area, the median capital growth of your suburb, school catchment zones, and estimated rental yields.
To access an Avant Property Report, click the tab below.
When I originally was looking to purchase our first home, I had so much difficulty getting a loan. We had been to so many banks, that I felt like I was scouting everywhere. Then I met Jesse – within one month, he had it all sorted out.
"See how much you could save by paying extra repayments or having a lower interest rate.
When you take out a new home loan, you use some or all of the funds to pay out your existing loan. The new loan often comes from a different lender, but you can stay with your existing lender too. If you move to a new lender, they take care of paying out your existing loan.
You can refinance your home loan for many reasons, such as:
• securing a cheaper rate
• renovating your home.
• paying off debts and rolling them into your home loan.
• using funds to buy a car.
Depending on the loan you switch to, refinancing can help by:
• Reducing your monthly repayments on a lower interest rate
• Reducing risk by switching from a variable rate to a fixed rate.
• Reducing uncertainty around monthly repayment amounts.
• Providing the flexibility to pay off your loan faster
• Consolidating credit cards, personal loans or other debts into a lower rate loan
• Freeing up cash to finance a renovation or investment property purchase
Your Avant Finance specialist can take you through the pros and cons of refinancing and arrange the right tailored loan, should you decide to go ahead.
No, Avant property reports are free of charge. To obtain a property report, simply provide your details on the relevant form and then you will be emailed the requested information.
No, you can request as many property reports as required.
The authors behind the property reports are CoreLogic. They are Australia’s leading provider of the very latest, accurate and powerful property insights and analytics.
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Disclaimers
*Eligibility criteria, terms and conditions, fees and charges apply. Contact us for further details and to obtain a copy of our Credit Guide.
#Digital property profile reports (Property Reports) are produced by RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). Avant is not liable for any loss, damage or injury suffered (even if caused by negligence) as a result of using or relying on a CoreLogic Property Report.
