Finance Star Mortgage Broker

Refinance and equity options with the repayment impact made clear.

When your property value increases or your needs shift, it may be time to restructure. We help review your loan and ensure adjustments remain manageable.

Star Care Reviews

Our ongoing complimentary annual review checks your rate and loan structure to evaluate if refinancing might be beneficial.

Restructuring Goals

When refinancing may make sense.

Rate Review

Comparing your current interest rate against new options from our panel of over 40 lenders to determine if savings are possible.

Debt Consolidation

Rolling higher-interest personal loans or credit cards into a single mortgage repayment, which requires careful long-term costing.

Shorter Term

Refinancing to reduce the lifespan of your loan, aiming to pay off the principal faster and reduce overall interest charges.

Cash Out / Equity

Accessing built-up property value to fund a second purchase, investments, or significant home improvements.

Using equity means checking both opportunity and risk.

Accessing equity involves borrowing against the increased value of your home. While it provides funds for renovations or investments, we want to ensure you understand the caveats before proceeding.

Increased Debt and Repayments

Drawing out equity increases your total loan balance. This will result in higher minimum monthly repayments, which must be assessed against your current household budget.

Suitability and LVR Review

Lenders typically allow borrowing up to 80% of the property value (Loan to Value Ratio) before requiring Lenders Mortgage Insurance. We arrange valuations to verify what is safely accessible.

Rate Rise Impact

When extending your loan size, it is critical to factor in potential future rate rises. We assist in calculating buffers so that a new loan structure remains manageable over time.