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Feeling the Impact of Rate Rises? You're Not Alone — But You Don't Have to Stay on a Loan That No Longer Works for You

Since 2022, interest rates have risen significantly. If you haven't reviewed your home loan recently, you could be on a rate that no longer reflects what's available in the market. A review takes minutes and costs you nothing.

📊 The Rate Shock Reality

Here's what's happened to mortgage repayments — and why it matters to you.

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Multiple Rate Rises Since May 2022

The RBA has raised the cash rate multiple times since May 2022, pushing mortgage rates significantly higher. If your loan was set years ago, your rate may no longer be competitive.

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Repayments Have Increased Substantially

A $600K loan that cost approximately $2,200/month in early 2022 now costs around $3,400/month at current rates — that's a significant impact on your household budget.

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Your Lender May Offer New Customers a Lower Rate

Many borrowers are still on the rate they were given at settlement, even though their lender's new-customer rates may be lower. This is sometimes called the "loyalty tax."

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You Don't Always Need to Switch Lenders

Sometimes a retention rate from your current lender is the solution. We can help you negotiate — or find a genuinely better alternative if one exists.

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The "Loyalty Tax" Is Real

Existing customers often pay higher rates than new ones with the same lender. A regular loan review helps ensure you're on a rate that reflects your current position — not just the rate you were given years ago.

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We Understand Why You Haven't Looked Into This Yet

These are the most common reasons people delay reviewing their loan. We hear them every day — and we have honest answers for each.

"I don't have time"

A review takes 15 minutes. We do all the research and comparison work. You give us the basics, and we come back to you with clear options.

15 minutes could improve your position for years
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"I'm locked into a fixed rate"

Fixed rates eventually expire. Planning ahead means you're ready when they do. And some fixed-rate exit costs may be offset by the benefits of switching to a more competitive product.

Planning ahead puts you in control
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"The fees will eat up any benefit"

We model the true cost vs benefit including ALL fees — discharge, application, settlement, and break costs. If the numbers don't work, we'll tell you honestly.

We only recommend refinancing when it makes sense
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"I'll lose my offset account balance"

Most lenders offer offset accounts. Your balance transfers — the money is yours, not the lender's. We ensure you move to a product with the features you need.

Your money moves with you
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"It's too complicated"

We handle the entire process — from research to application to settlement. You sign some documents. That's about it.

We do the hard work, you sign the paperwork
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"My bank will match any rate I find"

Sometimes they will — and that's a win too! But rate isn't everything. Features, flexibility, total cost, and ongoing service all matter. We help you look at the full picture.

Even a rate match from your bank is a win for you

Here's Exactly What Happens When You Reach Out

Three simple steps. No pressure. No obligation.

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Free Assessment (15 min)

Tell us about your current loan, rate, and situation. We'll assess whether a review could benefit you — with no obligation to proceed.

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Comparison Report

We compare your current loan against options from 30+ lenders — factoring in rates, fees, features, and any switching costs. You get a clear picture.

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Clear Recommendation

If refinancing makes sense, we explain exactly how and handle the process. If it doesn't, we'll tell you that too. No pressure either way.

✓ Signs Your Loan Needs a Review

If any of these sound familiar, it may be time to see what's available.

You haven't reviewed your loan in 12+ months

Your fixed rate is expiring (or has recently expired and reverted to variable)

You're paying a rate higher than what you see advertised

Your lender has raised rates beyond the RBA increase

You've had a pay rise, promotion, or improved financial position

You want to access equity for renovation, investment, or other purposes

Your loan doesn't have an offset account and you have savings sitting in a regular account

You've paid down significant equity and still paying LMI or a higher rate from when your LVR was higher

Why Trust Finance Hub With Your Refinancing?

We've helped thousands of Australians review and improve their home loan position.

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30+ Lenders Compared

Not just the big 4 — we search across major banks, non-bank lenders, and specialist providers to find the most suitable option.

350+ Five-Star Google Reviews

Our clients consistently rate us 5 stars for our transparent, no-pressure approach and genuine care for their financial wellbeing.

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Award-Finalist Brokerage

Recognised as a finalist in the Small Business Champion Awards and Local Business Awards for our commitment to excellence.

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Offices in Sydney, Melbourne & Adelaide

Local teams who understand your market. Available for face-to-face or virtual consultations — whatever works for you.

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No Fee Charged to You

There is no fee charged to you — we are paid a commission by the lender when your loan settles.

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MFAA & AFCA Member

Fully accredited members of the Mortgage & Finance Association and the Australian Financial Complaints Authority. Connective aggregator.

The Most Common Reason Australians Pay Too Much on Their Mortgage

It's called the "set and forget" mentality. You get your home loan, set up your direct debits, and don't think about it again for years. Life gets busy — and your loan just… sits there.

Banks count on this. They know most customers stay loyal even when their rates are no longer competitive. The difference between what new customers pay ("front book" rates) and what existing customers pay ("back book" rates) can be significant.

This isn't about constantly switching lenders. It's about knowing your options. A regular review — even annually — can help keep your loan competitive and ensure it still suits your situation.

  • Banks count on customers staying loyal — even when rates aren't competitive
  • "Front book" (new customer) rates are often lower than "back book" (existing customer) rates
  • A regular review — even annually — can help keep your loan competitive
  • It's not about constantly switching — it's about knowing your options
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Frequently Asked Questions About Refinancing

Honest answers to the questions we hear most from homeowners considering a loan review.

If you haven't reviewed your loan in 12+ months, it's worth checking. We compare your current rate and features against what's available and model whether switching (including all costs) would improve your position.
Costs may include discharge fees from your current lender ($150–$350), application fees with the new lender (often waived), settlement/legal fees ($300–$700), and potentially break costs if you're on a fixed rate. We calculate ALL costs before recommending anything.
Typically 4–6 weeks from application to settlement. Some lenders offer faster processing. We guide you through the timeline and keep you informed at every step.
A credit enquiry is recorded when you apply, which can temporarily reduce your score by a few points. However, this is minor and recovers quickly. We don't lodge applications without your approval, and the initial assessment does not affect your credit score.
Yes, though documentation requirements differ. Self-employed borrowers typically need 2 years of tax returns and financials. Some lenders have more flexible criteria. We know which ones and can match you with the right option.
You can still refinance, but Lenders Mortgage Insurance (LMI) may apply. However, the benefit of a lower rate may still outweigh the LMI cost. We model this scenario for you so you can make an informed decision.
Some lenders allow temporary interest-only periods (typically up to 5 years for investment, 1–2 years for owner-occupied in hardship situations). This reduces repayments but doesn't build equity. We can discuss whether this suits your situation.
There is no fee charged to you. We are paid a commission by the lender when your loan settles. This means you receive professional loan comparison and guidance across 30+ lenders at zero direct cost to you.

Ready to Find Out If Your Loan Is Still Working for You?

Fill in your details and we'll review your current loan situation — typically within 24 hours. No obligation, no pressure.

Takes 60 seconds • No fee to you • No obligation

We've Received Your Details!

One of our brokers will review your situation and be in touch within 24 hours. There's no obligation and no pressure — we'll give you an honest assessment of your options.

Your Home Loan Should Work for You — Not the Other Way Around.
Let's Find Out Where You Stand.