Refinancing your mortgage can be a smart financial move. Whether you're looking to save on interest, access equity, or simplify your repayments, refinancing allows you to take control and make your home loan work better for you—not the bank.
At Lemon Tree Finance, we guide you through the refinancing process and help you unlock the most value possible, including negotiating cashback offers and better loan structures.
When to Consider Refinancing
Loan Coming Up for Refix
If your fixed-term loan is ending, it’s the perfect time to reassess. You can avoid early break fees and potentially switch to a better rate or structure—saving thousands over the life of your loan.
Equity Has Increased
If your property value has grown, you may be able to refinance to access that equity—whether to purchase an investment property, renovate, or fund another major goal.
Loan Restructure
You may want to switch from floating to fixed, interest-only to principal and interest, or break up one large loan into multiple splits for smarter financial management.
Debt Consolidation
Refinancing can also help you consolidate credit cards, personal loans, or hire purchases into your mortgage—often at much lower interest rates.
The Refinancing Process
This is how we handle the refinancing process at Lemon Tree Finance
1. Compare Market Rates
We research current home loan offers from over 15 banks and non-bank lenders to find you the most competitive rates and features.
2. Calculate the Savings
We perform a cost-benefit analysis to ensure refinancing will leave you better off after considering legal, valuation, and any break fees.
3. Submit Application with New Lender
Once we find the right lender and structure, we’ll submit your application and handle the paperwork on your behalf.
4. Legal Process & Settlement
Your solicitor handles the legal transfer of the mortgage. In most cases, it’s a straightforward process completed in just a few days.
Refinancing Costs
These costs are based off estimates
Application Fee with Lemon Tree Finance: $0
Legal/Conveyancing Fees: $1,000 – $2,000
Registered Valuation (if needed): $500 – $1,000
Break Fee (if breaking fixed loan early): Varies — we help you assess
Good News: Many banks offer cashback incentives to refinance customers, which often covers or exceeds the cost of refinancing.
Why Refinance with Lemon Tree Finance?
· Access to 15+ lenders for the best rates and terms
· Tailored loan structure to suit your goals
· No fee to you – we’re paid by the lender
· Personalised guidance from start to finish
Let us crunch the numbers, compare your options, and manage the process for you—so you can unlock more value from your mortgage without the stress.
