Refinancing and restructuring
Refinancing and restructuring
A loan that fitted when you signed it may be the wrong shape now. Refinancing is the obvious move. Restructuring is usually the valuable one.
Who this is for
Owners whose income, family or portfolio has changed since settlement, and anyone carrying a loan they have not looked at in three years or more.
What usually goes wrong
Most people refinance to chase a rate and stop there. The bigger question is whether the loan is still the right structure: how it is split, what sits behind an offset, which property secures what, and whether the whole arrangement still matches how you earn.
What to bring to the first conversation
- Your current loan statements
- What has changed since you signed
- Any plans for the next two to three years
None of it is required to start. It just makes the first conversation more useful.
How we run it
Four steps, in this order.
Read the existing position properly
What you are paying, what the loan is secured against, and what the exit costs actually are.
Separate rate from structure
A better rate on a badly-structured loan is a small win. We look at both and tell you which one is worth moving for.
Line of credit where it earns its place
For clients with equity and a plan for it, a line of credit can be the right instrument. For clients without one, it is a temptation.
Move it, or say leave it
If your current loan is genuinely competitive and correctly structured, we will tell you so.
Home loans
For the purchase you intend to keep. Structured so the pre-approval holds when you bid, and so the loan still suits you in five years.
NextSelf-employed, company and trust
The clients the Big Four find hardest are usually the ones with the strongest balance sheets. Complexity is not risk. It is just work that somebody has to do properly.
Talk to somebody about refinancing and restructuring.
One conversation, no documents needed to start, and nothing leaves this office.