Refinancing Home Loans in Eveleigh NSW

Expert Refinancing Solutions from Your Local Mortgage Specialists

Refinancing home loans in Eveleigh NSW can be an effective way for homeowners and investors to secure a better deal, lower their repayments, or access equity for other financial goals.

Enquire Now

Contact Form

Life Changes, and So Does Finance

Your home loan is a significant financial commitment. The loan you initially chose may have been the right fit at the time, but as your life evolves, so should your financial strategy. Major life events such as starting a family, changing employment, or looking to invest can all necessitate a review of your current home loan. Refinancing offers a chance to align your loan with your present circumstances and future aspirations, ensuring it continues to support your goals.

Making Sure Our Clients Are Sorted

When we help you get approved for finance to buy a property, it will not be the last you hear from us. Our role as your trusted mortgage broker extends well beyond settlement. We provide ongoing support, regularly reviewing your loan to ensure it remains competitive and suitable for your needs. We are committed to building a long-term relationship to help you navigate your entire financial journey.

Helping New Clients Refinance, Too

We work with many clients who know their current loan is no longer optimal and seek our expert assistance. Our Eveleigh-based lending specialists conduct a thorough analysis of your existing loan and compare it against hundreds of home loan products from our extensive panel of lenders. We provide clear, objective advice to help you make an informed decision on how to improve your financial position through refinancing.

Investment property

It’s time to make your home work harder for you

It is time to make your home work harder for you. If you already own a property in Eveleigh or the surrounding Inner West suburbs, you may be sitting on untapped equity. Refinancing your current home loan can help you leverage this equity to build your investment property portfolio without sacrificing your current lifestyle. Our home loan specialists will guide you through the available loan options, ensuring the structure supports your investment strategy.

To better plan your repayments, you can use our Loan Repayment Calculator or Borrowing Power Calculator to estimate your potential borrowing capacity and monthly repayment amount.

refinancing home loan - Stellar Finance Group
mohammadreza alidoost AimGVLgPQWg unsplash scaled 1

INVESTMENT PROPERTY

Proven expertise to make sure the structure supports the strategy

There are many refinancing home loan options available, including investment loans and construction loans. While home loan interest rates are a crucial factor, they are not the only cost to consider. We ensure your new loan structure supports your overall financial goals, loan term, and repayment strategy. Our expertise in loan structuring helps you unlock benefits beyond just a lower interest rate, such as access to unlimited extra repayments or offset accounts.

INVESTMENT PROPERTY

For an application the banks will find hard to refuse

A strong loan application is key to securing a favourable refinancing deal. As your mortgage broker, we work to improve your approval chances by:

  • Assessing your financial situation to identify any potential red flags.

  • Preparing a comprehensive and compelling loan application.

  • Presenting your case to the right lenders who are most likely to approve your application.

  • Leveraging our professional relationships with lenders to negotiate on your behalf.

  • Ensuring all lending criteria are met before submission.

eriksson luo KNFByb7MuCo unsplash scaled 1

Refinancing – Benefits That Make the Switch Worthwhile

Life evolves, and so should your mortgage. Whether your household needs have changed, your financial situation has improved, or you want to pursue an investment property loan, refinancing provides the chance to explore new loan options and secure better terms.

Refinancing a home loan can allow you to:

  • Secure a lower home loan interest rate.

  • Access equity for renovations or investments.

  • Consolidate multiple loans such as a personal loan or credit card debt.

  • Gain flexibility with features such as extra repayments, offset accounts, or split rate home loans.

Refinancing home loan

Get a Lower Interest Rate

One of the main reasons Eveleigh homeowners choose to refinance is to access a lower rate. A reduced rate means lower monthly repayment amount and potential long-term savings. By directing those savings towards additional repayments, you can shorten your loan term and reduce the total loan amount repaid over time. Many lenders also offer a cashback offer for new customers, which can offset some of the costs.

Get the Bells and Whistles

Beyond interest rates, refinancing home loans can offer valuable features such as offset accounts, extra repayments, flexible repayment schedules, or a split fixed rate home loan and variable loan structure. These features provide greater control over your mortgage repayments and overall financial situation.

Debt Consolidation

Managing multiple loans and a credit card can be challenging. Refinancing allows you to consolidate personal loan, car finance, and credit card debt into one home loan repayment. This can simplify your finances, reduce ongoing fees, and potentially improve your credit score.

Use Equity to Do the Things

Refinancing a home loan in Eveleigh gives you the opportunity to use the equity in your property for renovations, property upgrades, or new investments. With the right refinance loan, you can pursue your financial goals while maintaining manageable repayments.

How to Apply for Refinancing Home Loans

1. Review Your Current Financial Situation and Home Loan

Assess your current loan, monthly repayments, and loan term. Decide if your goal is a lower home loan interest rate, accessing equity, or restructuring your loan amount.

2. Compare Loan Options and Features

Our mortgage brokers compare refinancing loans across a wide panel of lenders to ensure you select the right loan for your financial situation. This includes construction home loans, investment loans, and bridging loans.

3. Check Your Credit Score and Lending Criteria

Your credit score impacts your borrowing capacity. We review your profile against lender policies to ensure your loan application is strong, even if you have bad credit.

4. Submit Your Loan Application

We prepare your refinancing home loan application, gather necessary documents such as income proof and existing loan details, and liaise with the new lender on your behalf.

5. Get Approved and Settle Your New Home Loan

Once approved, your new loan pays out your current loan. We manage settlement fees and ongoing fees to ensure a smooth transition from your existing loan to your new one.

Who We Are

FOUNDED BY

DR. LISA BRIDGETT

IN MARCH 2017
Lisa Bridgett offering Trusted Mortgage Broker NSW

Founded by Dr. Lisa Bridgett in 2017, Stellar Finance Group is a boutique mortgage brokerage dedicated to helping homeowners in Eveleigh and Sydney’s Inner West.

Led by a PhD-qualified finance expert, our team provides tailored advice, strategic loan structuring, and end-to-end support. We work with a wide panel of lenders to find the most suitable home loan options for each client.

Whether you are refinancing to reduce your monthly repayment, consolidate debt, or access equity, we ensure the process is straightforward, efficient, and aligned with your financial goals. Our commitment is to provide a seamless financial services experience, helping you secure the right loan with minimal stress.

Refinancing Home Loans in Ashbury NSW

Refinancing for Homeowners

Our services extend to the vibrant community of Eveleigh and surrounding areas. We have a deep understanding of the local property market and are proud to serve residents in neighbouring suburbs such as Newtown, Alexandria, Redfern, and Enmore. Our local expertise ensures we can provide relevant and timely advice for your refinancing needs.

The right refinance loan depends on your specific objectives. Our mortgage brokers explain the advantages of each refinancing option and help you select the one that aligns with your goals:

  • Fixed Rate Home Loan: Provides predictable repayments for a set loan term, shielding you from interest rate fluctuations.

  • Variable Loan: Offers flexibility with extra repayments and redraw facilities, though interest rates may change.

  • Split Loan: A combination of a fixed and variable loan, providing a balance of security and flexibility.

  • Interest-Only Investment Loan: Suited to property investors who want to maximise cash flow.

  • Offset Accounts: A feature that can save you significant interest over the life of your loan by offsetting your savings against your loan balance.

For property investors in Eveleigh and the Inner West, refinancing can support strategies such as:

  • Purchasing additional investment properties.

  • Funding renovations to increase rental yield and property value.

  • Leveraging equity to expand your property portfolio.

We help structure investment loans that fit your risk profile and long-term strategy, ensuring your lending remains flexible as you grow your investments.

Refinancing provides the opportunity to consolidate multiple debts, such as a personal loan, credit cards, or car loans, into your new home loan. This approach can:

  • Reduce overall interest costs by moving high-interest debt onto a lower home loan interest rate.

  • Improve your credit score by lowering your unsecured debt.

  • Simplify your monthly repayment obligations into one manageable loan.

We guide you through lender criteria to ensure debt consolidation is cost-effective and beneficial for your financial situation.

We provide tailored home loan solutions for self-employed clients and business owners in Eveleigh. We understand the complexities of fluctuating income and can help you navigate the lending criteria for various business loans and home loans. Our expertise ensures your loan application presents a strong and accurate picture of your financial health, improving your chances of approval for a secured loan.

To assist you in exploring your options, we provide:

These tools help homeowners in the Inner West of Sydney make informed decisions before committing to a new loan.

How a Refinancing Home Loan Works

Your Trusted Partner in Property and Finance

A refinancing home loan involves replacing your current home loan with a new loan, usually through a different lender, although you can also refinance with your existing lender. The goal is to improve your financial position by reducing your interest rate, changing your loan term, accessing equity, or consolidating debt.

Here is how it works step-by-step:

Assess Your Current Loan: You begin by reviewing your existing loan: the loan amount, monthly repayments, remaining loan term, and any loan features you currently have (like offset or redraw). This helps determine what you want to improve with the new loan.

Compare New Loan Options: Next, you or your mortgage broker compare a wide range of new loan options from multiple lenders. The goal is to find a better interest rate or more flexible features, such as a fixed rate loan, unlimited extra repayments, or lower ongoing fees and charges.

Apply with the Chosen Lender: Once you have chosen your new lender, you will go through the loan application process. This includes submitting financial documents, meeting the lender’s lending criteria, and passing a credit check. Your mortgage broker will manage this for you.

Loan Approval & Settlement: If approved, your new loan is used to pay off your existing loan, and the refinancing process is completed. You will now make repayments to your new home loan provider, ideally with better terms or a lower monthly repayment.

Enjoy the Benefits: Once the switch is complete, you may enjoy benefits such as a lower home loan interest rate, reduced monthly repayments, access to equity for renovations or investments, simplified debt consolidation, and greater flexibility with new loan features.

Frequently Asked Questions

What is a refinancing home loan?

A refinancing home loan replaces your current home loan with a new loan, usually with a different lender offering better rates, terms, or features. It can help reduce your monthly repayments, access equity, or consolidate debt.

Common reasons to refinance include getting a lower interest rate, shortening your loan term, accessing equity for renovations or investment, switching from a fixed rate loan to variable (or vice versa), and consolidating debts like credit cards or personal loans.

Your loan amount depends on your property’s value, your income, expenses, credit history, and the lending criteria of the lender. We’ll help you assess your borrowing power and guide you through your loan application.

Yes, refinancing is still possible with bad credit, although options may be limited. We can help match you with lenders who offer flexible solutions based on your financial situation.

Possibly. If your new loan amount exceeds 80% of your property’s value, you may need to pay Lenders Mortgage Insurance. We’ll assess your position to minimise costs where possible.

Costs can include settlement fees, discharge fees from your current lender, government fees, and application fees from your new lender. We’ll provide a breakdown so you can weigh costs vs benefits.

On average, the refinancing process takes 2–4 weeks, depending on the lender and complexity of your application. Our team manages the process to keep things moving smoothly.

Yes! Use our free refinance calculator to estimate potential savings and new monthly payments based on your desired loan term and interest rate.

Hear From Our Clients

Speak to Us

Speak With a Local Inner West Mortgage Expert

Lisa Bridgett offering Trusted Mortgage Broker in New South Wales

Contact Stellar Finance Group today for expert support in refinancing home loans in Eveleigh NSW. Whether you want to reduce repayments, access equity, or consolidate debt, our mortgage brokers will ensure you find the right loan with the most suitable lender.