Refinancing - a better home loan, without the runaround.

You should consider the fact that a mortgage broker, is an independent consultant that works for you - for your best interests.

A mortgage broker has access to many lenders, not just one. Black and White Finance has access to 30+ lenders for example.

Australian lenders have different policies, different niches, different rates and it's a mortgage brokers job to work out what is in your best interests when looking to purchase a property.

A mortgage broker has the experience, the knowledge, the relationships with all the different lenders, not just one, to work out with care, what is truly best for you and your situation.

Equity is the difference between your property’s value and your loan balance.

For example, if your Sydney home is worth $1.4 million and your loan is $700,000, you have $700,000 in equity. Most lenders will allow you to borrow up to 80% of the property value without LMI — in this case, $1.12 million. After repaying your existing loan, that leaves around $420,000 in usable equity.

Common reasons to access equity:

Renovations or improvements 

A deposit for an investment property 

Consolidating higher-interest debts into your home loan 

Equity release needs to be structured carefully. While it can reduce monthly repayments, it can also increase total interest if short-term debts are spread over a longer loan term.

We model both scenarios so you can make a clear, informed decision.

Refinancing requires fewer documents than a purchase. In most cases, we need:

Photo ID 

Your last two payslips and latest PAYG summary 

Three months of transaction and credit card statements 

Six months of statements for your current home loan 

Your latest council rates notice 

If self-employed: last two years of tax returns and notices of assessment 

We collect everything through a secure portal to keep the process simple and organised.

Also important to note is when a lender fully validates your application, majority will honour the assessment rate at the time of pre-approval. Meaning that if there are future rate rises during the pre-approval period (typically 90 days), your borrowing capacity will remain the same.

We refinance hundreds of Sydney loans each year — and we say no as often as we say yes. Not every refinance makes sense once costs are factored in.

Our comparison is clear and in writing: actual savings, any cashback, and the break-even point.

Family-owned, 30+ lenders, 400+ five-star reviews. No grey areas in the recommendation.

On most Sydney loan sizes, yes.

A 0.50% reduction on a $750,000 loan can save around $230 per month, or roughly $82,000 over 30 years. With switching costs typically under $1,200, the break-even point can be just a few months — and sooner if cashback applies.

Most refinances take three to six weeks from application to settlement.

Conditional approval is usually issued within three to seven business days. The longer part is often the discharge process with your current lender.

A cashback is a one-off payment from the new lender, usually $2,000–$4,000, paid after settlement.

Offers vary by lender and usually depend on loan size and LVR. We compare cashback offers properly and factor them into the overall saving.

These cash back offers have been made redundant by most lenders in the industry

Refinancing creates one credit enquiry, which may have a small temporary impact on your score.

Multiple enquiries can have a bigger effect. We help avoid that by identifying the right lender before applying.

We review the home loans of our existing clients every 6 months so are on top of their circumstances, but if you're not a client of ours, consider refinancing if you're fixed rate is ending, or if your circumstances have changed and especially if you're paying too much. If you're not sure, we can review your loan and ensure it's in your best interests.

Yes, but break costs may apply.

These depend on your loan balance, time remaining, and market rates. We obtain a written break cost quote before recommending any early refinance.

LVR is your loan amount divided by the property value.

For example, an $800,000 loan on a $1 million property is 80% LVR. Lenders often price loans in tiers, with sharper rates at lower LVRs. Above 80%, LMI usually applies.

Yes. It’s a common reason to refinance.

Consolidating credit cards or personal loans into your home loan can reduce monthly repayments because home loan rates are usually lower. The risk is term: spreading short-term debt over 30 years can increase total interest unless repayments are managed carefully.

We model both options so you can compare clearly.