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
Read it properly, then decide whether to move it.
Four steps, in this order, on every file. You will always know what has just happened and what we are waiting on.
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
Whether it is the first one or the next one, the work is the same. Get the pre-approval assessed properly so it holds when you need it, and set the loan up so it still suits you in five years.
NextSelf-employed, company and trust
The files a big bank finds hardest are often the strongest ones. 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 anything you tell us stays with us.