Refinance is the performance tune-up for your biggest asset.
If you haven’t looked at your mortgage rate in the last six months, you are almost certainly paying a “loyalty tax.” Banks offer their shiniest deals to lure in new customers, while their existing, loyal ones often get stuck with creeping rates. At VaultFin, we don’t think that’s right. We’re here to help you take back control, find the profit hidden in your mortgage, and move it back into your pocket.
Why Refinance?
- Slash Your Interest Rate: This is the obvious one. It’s easy to shrug off a 0.5% difference as ‘just a tiny number,’ but let’s look at the bigger picture. Over the life of a typical 25-year loan, that ‘tiny’ number balloons into tens of thousands of dollars that should be with you.
- Lower Your Monthly Repayments: With the cost of living climbing, sometimes you just need more breathing room in your weekly budget. We look for products that lower your commitment so you can stop stressing about the next RBA meeting.
- Access Your Equity: Your home is likely worth more than it was a few years ago. Refinancing allows you to get that value. If you want to renovate the kitchen, buy an investment property, or just have a safety net, we can help you tap into that wealth.
Kill High-Interest Debt: If you’re juggling a car loan at 12% and a credit card at 20%, you’re burning cash. We can often roll those debts into your home loan at a much lower rate. It simplifies your life into one monthly payment and saves you a fortune in interest charges.
What Makes Our Approach Different?
Most brokers focus on the transaction. We focus on the longevity. We use the latest technology to see exactly how your current loan is performing and where the leaks are. We don’t want to just move you to a new bank, we want to move you to a better financial position. We’re blunt, we’re honest about the costs, and we do all the annoying paperwork so you don’t have to.
How We Help
The Forensic Health Check
- We look at the fees, the offset functionality, and the “honeymoon” periods rather than just rates. We make sure that after you account for the cost of switching, you’re actually coming out on top. If staying with your current bank is actually the better move, we’ll tell you that, too.
Access to 40+ Lenders
- We have a massive toolkit. If your current bank says “no” to an equity release because your income structure is a bit complex, we find a lender that says “yes.” We make the banks compete for you.
Proactive Reviews
- The biggest problem with the mortgage industry is that brokers disappear after settlement. We don’t. We check your rate every 6 to 12 months. If a better deal pops up, we’re the ones calling you to let you know.
The Refinancing Process
Step 1: The Comparison Stage We take your current loan statement and run it against our panel of 40+ lenders. We look for a loan that fits your actual life. We’ll show you a side-by-side comparison so you can see exactly how much you’ll save every month.
Step 2: The Digital Data Grab Forget the “PDF nightmare.” We use secure Open Banking tech to pull your financial data instantly. It’s faster, safer, and means you don’t have to spend your weekend hunting down six months of bank statements. We get the application ready to go in minutes.
Step 3: The Application & Valuation Once we’ve picked the winner, we submit the application. The new lender will usually want to see what your house is worth. Often, this is done via a “desktop valuation” (no one even needs to come over), but sometimes they’ll send an appraiser.
Step 4: Approval & Loan Offer The new bank says “Yes.” They send out the digital loan documents for you to sign. We walk you through the fine print to make sure you’re comfortable with everything before you hit “submit.”
Step 5: Settlement & The Switch Your new bank talks to your old bank and pays off your old loan. Your new, lower-rate loan starts, and you start seeing the savings in your bank account immediately. We’ll check in a month later to make sure the transition was smooth and your offset accounts are set up correctly.
Let’s run a quick, no-obligation check on your current loan. If we can’t find you a better deal, we’ll tell you to stay exactly where you are. But if we can? It could be the best financial decision you make this year.