Refinance Mortgage Broker Sydney
Sydney's award-winning refinance mortgage broker for home loans. Whether repayments are rising, your fixed term is expiring, or your bank is simply too slow, we compare 30+ lenders to get you the deal you deserve.
No cost to you · No obligation · Seven days, 8am to 8pm
Home loans are often the biggest investments most people make in their lives, and at some point you may want to refinance yours. At Australian Financial & Mortgage Solutions, we've streamlined the whole process. Start your refinance application online or request a callback: we'll arrange a chat with one of our brokers, send a simple checklist of the documents you'll need, and once everything is verified we handle the entire refinance with your chosen lender. Approval and settlement usually take just a few weeks, and once your new loan is approved we'll call you to finalise, accept, and sign. You sit back while we do the heavy lifting.
Negotiate a better home loan. Request a free rate review today.
Request a Free Rate ReviewWhat's Included in AFMS Group's Refinance Service
- A free rate review comparing your current loan against 30+ lenders
- A break-cost and discharge-fee check, so the switch genuinely leaves you ahead
- A property value and equity assessment, so you know exactly what you're working with
- Negotiation with lenders on rate, features, and terms on your behalf
- A loan-feature match: offset accounts, redraw, split loans, and package fees explained in plain English
- All discharge and application paperwork prepared, packaged, and submitted for you
- Fast approvals through our established lender relationships
- Post-settlement care, with regular reviews to keep your rate competitive long term
When Should I Refinance My Home Loan?
Refinancing is simply the process of changing from your current home loan to a new one. Common triggers are your fixed term ending, rising repayments, wanting to access equity, or being unhappy with your current lender's rates, features, or service. Ultimately, you want to save on your repayments, which is why we compare your rate against 30+ lenders to help you avoid years of wasteful interest payments.
Australian Financial & Mortgage Solutions prides itself on providing a cost-effective refinancing solution. If you feel like you're getting a raw deal on your current home loan, there is something you can do: ask for a better one. To find the best possible path forward, speak with our director, Andrew Hadjidemetri. In your free chat, he'll use his years of experience to guide you towards your refinancing goals.
Refinance with Sydney's award-winning refinance broker.
Request a Free Rate ReviewReasons to Refinance Your Home Loan (When It Makes Sense)
Refinancing your home loan is a decision that can benefit your finances in the long run. Here are the most common reasons to consider it:
Obtaining a Lower Interest Rate
Interest rates change over time, and if rates today are lower than when you first took out your mortgage, it's usually wise to review your loan. A lower rate reduces your monthly repayments and can potentially save you thousands of dollars in interest over the life of your loan.
Increasing or Decreasing Your Loan Term
If your financial circumstances change, refinancing lets you adjust your loan term. Decreasing it helps you pay off your mortgage faster and incur less interest, although monthly repayments will likely increase. Increasing it lowers repayments when you need more cash flow, although you'll pay more interest overall.
Accessing Equity
When your home's value has increased, you can borrow against your equity to fund major expenses, such as renovations, education, or debt consolidation.
Switching Loan Types
If your current loan is on a variable rate, switching to a fixed rate can protect you from future rate rises. Moving from fixed to variable can suit you if you're looking to sell or move in the near future, giving you flexibility and a potentially lower rate in the short term.
Curious to know your property value? Your free rate review includes a current property value and equity assessment.
Request a Free Rate ReviewMortgage Refinancing Calculator
See what switching could do for you. Enter your current loan and the rate you could move to, and the calculator estimates your new repayment, your monthly saving, and how quickly any switching costs pay for themselves.
Your Estimated Savings
Estimates only, based on principal-and-interest repayments at a constant rate, and not financial advice. Actual repayments, fees, and break costs vary by lender and loan. Your free rate review puts exact numbers around your situation.
Want to model repayments in more detail? Try our home loan repayment calculator, then bring your numbers to a free consultation.
What Do People Really Save by Refinancing?
There are multiple scenarios where refinancing can save you money. Here are two illustrative case studies that show how the numbers play out.
Case A, a lower rate: Your initial 30-year loan is $350,000 with monthly repayments of $2,100 at 6% p.a. If you refinance to 5%, your monthly repayments drop to $1,879, and you save around $73,000 in interest over the loan.
Takeaway: Even a 1 percentage point reduction can dramatically reduce what you pay on your mortgage over time.
Case B, a shorter term: You have a 30-year loan of $300,000 at 5.5% with monthly repayments of $1,703. By shortening the term from 30 to 15 years, your monthly repayment increases to $2,474, but you save around $167,000 in interest over time.
Takeaway: Although monthly repayments increase, moving from a 30-year to a 15-year term slashes your total interest by a sizeable margin.
Both cases are illustrative examples only, not quotes or advice; rates are used for demonstration and change over time.
AFMS Group vs Going Direct: What We Offer That Others Don't
When you manage your refinance with a broker like AFMS Group, you benefit from advantages that simply aren't possible when you approach lenders directly: a wide panel of lenders, faster turnaround through established relationships, extended hours, and post-settlement care.
| Feature | Refinancing With AFMS Group | Going Direct to a Lender |
|---|---|---|
| Savings | Compare 30+ lenders to secure a sharper refinance rate and save thousands over your loan term | Limited to one bank's rates, with no comparison |
| Choice | A wide range of refinance products with flexible features like offsets and redraws | Restricted to the features that lender provides |
| Speed | Faster approvals thanks to broker and lender relationships | Standard processing times, often slower |
| Cost to you | No fee for service; brokers are paid by the lender, not you | May charge application or discharge fees |
| Expertise | A tailored refinance strategy to reduce repayments and align with your goals | General product advice focused on one lender |
| Ongoing value | Regular reviews to keep your loan competitive long term | You must track rates and renegotiate yourself |
| Convenience | Evening and weekend appointments on your schedule | Banking hours only |
For the full picture, read our guide: mortgage broker vs bank.
How to Refinance a Home Loan, Step by Step
You might refinance to remove a co-borrower, consolidate debts, or borrow for future investments. Done carefully, it can be one of the smartest financial moves you make. Here's how the process works:
- Step 01
Review Your Current Loan
Look at your interest rate, fees, and features to see whether switching could save you money or provide better flexibility. Check for any discharge or break costs that may apply when leaving your existing lender, so the refinance truly benefits you overall. We do this with you in your free rate review.
- Step 02
Compare Refinancing Offers
We compare rates, fees, and features like offset accounts and redraw facilities across 30+ lenders, so the new loan won't cost you more in the long run, and shortlist the lenders that serve your case best.
- Step 03
Get Your Repayment History in Order
Lenders assess your repayment history, so make sure your existing repayments are up to date. Consistent, on-time payments strengthen your refinance application and improve your chances of approval.
- Step 04
Submit Your Refinance Application
We prepare and lodge the application for you. Your new lender reviews your income, property value, and overall financial position before approval, and we manage their questions along the way.
- Step 05
Loan Settlement
Once approved, your new lender pays out your existing home loan, finalises the paperwork, and closes the old loan. From there, you begin repayments under your new terms. Settlement is usually straightforward and completed within a few weeks.
Features You Can Access When Refinancing in Sydney
The right loan features can save you as much as the rate itself. In your consultation we identify which features you'll actually use and find the package that fits.
Offset Account
A transaction or savings account linked to your mortgage. An offset account can reduce your interest repayments and ultimately pay off your loan faster.
Redraw Facility
Redraw lets you access extra repayments you've made on your mortgage. That money can be useful for emergencies, such as car repairs or renovations.
Split Loan
A split loan divides your mortgage into two parts with different rates or features, for example one part fixed and one variable, helping you hedge risk and take advantage of each type.
Packages and Annual Fees
Each loan package has individual features and annual fees attached. Choosing the right package for the features you'll actually use can save on fees and overall repayments.
Portability
The capacity to transfer your existing mortgage to a new property without paying out your old loan, useful if a move is on the horizon.
Why Sydney Homeowners Refinance With AFMS Group
Decades of Refinancing Experience
Our experienced team has collectively helped Sydney homeowners refinance for decades, led by an award-winning leadership team that has settled more than $1 billion in home loans. Talk to our qualified team and discover a genuinely competitive refinance rate.
A Client-Centric Approach
Your financial needs come first in all our dealings. We're committed to helping you get your finances in order through tailored, one-to-one service, not a call centre queue.
Flexible Refinance Options
Flexible options are essential when refinancing. We help you negotiate better rates and more favourable terms across 30+ lenders, and find a package that's ideal for you.
No Cost to You, Extended Hours
Our refinance service is free to you; we're paid by the lender under Best Interests Duty. With hours from 8am to 8pm and 800+ five-star reviews, we work around your schedule.
The Team You'll Be Working With on Your Refinance
AFMS Group is principal-led: director Andrew Hadjidemetri personally oversees every refinance strategy, supported by senior credit adviser Jordan Coelho and finance broker Nicholas Del Duca.
Andrew Hadjidemetri
Jordan Coelho
Nicholas Del Duca
With extended hours seven days, 8am to 8pm, we're on hand to get your refinance done efficiently. Meet the AFMS Group team.
What Our Clients Say
Apply for a Refinance Today
If you're considering refinancing your home loan for any of the reasons above, get in touch today. We'll guide you through every step of the process, at no cost to you.
Frequently Asked Questions About Refinancing With a Broker
What Is Refinancing?
Refinancing is the act of replacing your current home loan with a new one. When you refinance, it's usually to take advantage of lower interest rates, better package options, a shorter loan repayment period, or to access extra cash from your equity.
Can You Use a Mortgage Broker to Refinance?
Yes, you can. Using a mortgage broker is an effective way to find the best refinancing deal for your home loan needs. Our relationships with 30+ lenders mean you'll find a genuinely competitive deal on your mortgage.
Is It Worth Using a Mortgage Broker to Refinance?
Yes, it is well worth it. A mortgage broker has the experience and lender relationships to find a strong deal for your personal circumstances. AFMS Group can help you find a lender and package that suits your needs, at no cost to you.
Is It Better to Refinance Through a Broker or Direct With a Lender?
It is usually better to refinance through a mortgage broker. A broker can find and close a refinancing deal faster than approaching lenders directly or relying on your own research, and compares the whole market rather than one bank's products. See our broker vs bank comparison.
What Do I Need to Consider When Refinancing?
Consider whether it's the best decision for your individual circumstances: interest rates, changing your loan term, the features of each new loan, portability, and any break or discharge costs. Ultimately, you need to determine whether refinancing is a financially sound decision for you, and our expert advice helps you find the options that best align with your goals.
Does AFMS Group Refinance Home Loans in Sydney?
Yes, we do. AFMS Group specialises in home loan refinancing across Greater Sydney, with deep local knowledge of areas like Parramatta, Coogee, and Randwick. Our brokers understand each suburb's property market and lending landscape, which helps you secure competitive rates and faster approvals.
Do I Need a Property Valuation When Refinancing?
Yes, in general you will need a property valuation when refinancing; it determines the lender's risk. Additionally, if you're refinancing to access equity, the lender will base the maximum available equity on this valuation.
What Is the 2% Rule for Refinancing?
The 2% rule is a traditional rule of thumb that says you should only refinance if the new rate is at least 2 percentage points lower than your current rate. In practice, on today's larger loan sizes even a much smaller reduction can be worth it once fees are accounted for; our free rate review works out the exact break-even for your loan.
The information on this page, including calculator outputs and case studies, is general in nature and does not constitute advice for your financial situation. Examples are illustrative only, and rates change over time. Speak to a licensed mortgage broker for advice tailored to your circumstances. AFMS Group provides credit assistance only. Australian Credit Licence 389087, Credit Representative 523450. MFAA member.