Refinancing
Take advantage of better rates on the market and start saving
Rated 5 from 66 Reviews
Take advantage of better rates on the market and start saving
Rated 5 from 66 Reviews
Refinancing can be a valuable financial strategy for homeowners in Greater Sydney, the Blue Mountains, Southern Highlands, and across NSW. By refinancing, you can access loan options from banks and lenders across Australia that better suit your needs. Whether you are looking to access a lower interest rate or change your loan term, refinancing offers a variety of benefits. At Foster Russo & Co, we understand the importance of making informed financial decisions and are here to help you explore all your options.
Refinancing starts with understanding your current financial situation and evaluating how a new loan can improve it. One of the main reasons people consider refinancing is to secure a more favourable interest rate. Whether you are nearing the end of a fixed rate period or wish to switch to a variable interest rate, accessing a lower interest rate can significantly reduce your loan repayments. This reduction can free up funds for other expenses or allow you to pay off your mortgage sooner. Our team can help you assess refinance interest rates from banks and lenders nationwide to find better loan options tailored to your needs.
Another key point to consider is the potential to release equity in your property. Releasing equity can be a smart move if you are looking to buy another property or make home improvements. By refinancing, you can access the funds needed for these ventures without having to sell your current home. Our experts will guide you through the process of releasing equity to buy the next property, ensuring that you remain informed and confident every step of the way.
Refinancing also offers the opportunity to consolidate debts. If you are managing multiple loans or credit card debts, consolidating them into a single loan with a lower interest rate can simplify your financial obligations and reduce overall repayments. Foster Russo & Co can assist you in evaluating your current debts and finding a refinancing solution that streamlines your financial commitments.
When considering refinancing, it is crucial to check eligibility for special lender policies that may apply to your situation. Different lenders have varied requirements based on credit history and bank statements. Our streamlined application process allows us to efficiently gather and present necessary documents to lenders, increasing your chances of approval. We work closely with you to ensure that all aspects of the application process are handled with care, from assessing loan amounts to finalising terms.
In summary, refinancing presents multiple opportunities for homeowners in NSW to improve their financial standing. Whether it is accessing better loan options, changing your loan term, or consolidating debts, refinancing can be beneficial when executed thoughtfully. Foster Russo & Co is committed to providing personalised guidance and access to banks and lenders nationwide. Contact us today to discuss how refinancing can work for you and take the first step towards achieving your financial goals.
Initial Consult
Have a chat with one of our qualified Mortgage Brokers who will understand your situation and talk you through the next steps.
Fact Find
We'll work with you to understand a bit more about your situation (including your financials, assets etc.) to make sure you will qualify for a loan.
Loan Approval
We'll find the best loan on the market for you and your situation and present you back some options.
Sit back and relax!
We'll prepare and submit your application on your behalf and let you know when it's all complete.
Book AppointmentJB
John Barrand
As I was approaching my eightieth birthday, I wanted to downsize from my two-bedroom apartment that was up three flights of stairs into a one-bedroom apartment that was serviced with an elevator. To make this move I needed to sell my existing apartment to buy my new place, the downside being that to achieve this outcome it seemed that I would need to move twice, once to a rental on a short lease while I sold and then found what I was looking for. I heard an advert on the radio that seemed to allow me to actually look for, and buy, a new property and that gave me time to then sell my old place. The product was called Bridgit. Knowing little about finance and my eligibility for such a loan arrangement I contacted an old friend who had been my broker for several years. Much to my surprise Robyn, in her brokerage, Foster Russo & Co, was able to not only to tell me all about Bridgit, but her brokerage firm was also an agent for Bridgit. Following Robyn’s advice, I applied for a loan that would allow me to buy a new property, cover all the incidentals such as stamp duty and legals and have to make no payments for six months after receiving the loan, giving me ample time to prepare my old property for sale without being rushed. The team from Foster Russo & Co were incredible making the completion of the necessary paperwork a dream, rapidly getting approval and within two weeks I had found a new property, and moved in a few weeks later. I cannot speak highly enough about Robyn and her highly competent team at Foster Russo & Co and without any hesitation I would sincerely recommend that before any commitment is made about finance you should contact Robyn and her team to ensure that you are getting the best finance package possible.
AR
Amanda Rauth
I can’t recommend Cath and her team highly enough. Refinancing my home into my own name after a separation was an emotional and stressful process, but they were compassionate, patient, informative, and incredibly understanding from start to finish. They took the time to explain everything clearly, answered every question, and supported me through each step with genuine care and professionalism. Nothing ever felt rushed or overwhelming, and I always felt reassured that I was in safe hands. I am so grateful for their guidance and kindness during such a challenging time in my life. Thank you, Cath and team, for going above and beyond, it truly meant more than you know.
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richard berta
Very helpful and friendly and ensured minimal pain in an otherwise painful process. Nothing was too hard for them. Highly recommend!!
Mortgage Brokers are there to help you find the right loan whether it be from the major banks, smaller lenders or other sources. We have a broad range of products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you.
We can help with Home and Investment Loans, Construction Loans, Car Loans, Personal Loans and much more. If you're looking to borrow to buy something, we can probably help.
Of course! We believe that we can find the best interest rate for you to refinance to, whether it's a Home Loan or Investment Loan.
All of our Mortgage Brokers are accredited and members of the Mortgage and Finance Association of Australia. They are extremely professional and provide exceptional service across a range of lending options.
We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.
We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.
Foster Russo & Co ABN: 83 666 544 743, Foster Russo & Co Pty Limited ABN: 83 666 544 743 is authorised under Australian Credit License #384324. Robyn Louise Russo Credit Representative Number #367499, Julie Dean Credit Representative Number #367515 and Catherine Joy O’Connor Credit Representative Number #513073.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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