Mortgage Broker for Refinance: Why 99% of Australians Are Turning to Brokers

Switching your home loan may seem like a headache, but it can actually save you thousands.

Recent research shows that choosing to refinance with a mortgage broker support makes the process easier and commonly results in a lower interest rate along with better loan features.

The ABS reports a sharp rise in refinancing activity. In the June quarter, home owners moving to a new lender jumped 24% compared to the same period last year. Investment loan refinancing also climbed by 15%. Clearly, Australians are recognising the benefits of making the switch.

And when you add a broker into the mix, the rewards get even bigger. According to the Mortgage and Finance Association of Australia (MFAA), brokers are helping the majority of borrowers secure better outcomes.

Refinance With Mortgage Broker: 99% Have Secured Discounts for Clients 

Who doesn’t enjoy paying less? Even a small interest rate cut can translate into major savings on repayments and total interest across the life of a loan.

MFAA found that 99% of clients refinancing with a mortgage broker secured a discount successfully. That is almost every borrower walking away with a better deal.

A mortgage broker for refinance has access to a wide network of lenders, on average working with around 23. This gives you access to a wider range of lenders and loan products, rather than being restricted to just one bank. A broker’s job is to compare the market and match you with a home loan that meets your needs at a competitive rate.

92% of Brokers Helped First-Time Refinancers

If you are new to refinancing, it is normal to feel uncertain about the process. A good broker makes it straightforward to understand.

The MFAA reports that 92% of brokers have helped first-time clients refinance their loans.

That means you are not alone if this is your first time switching. A broker will explain how refinancing works, what kind of savings you might achieve, and how long the process takes.

Best of all, a mortgage broker for refinance manages communication between your old lender and your new one. That reduces stress and keeps the process on track from start to finish.

97% of Clients Return to Their Broker

The numbers speak volumes about customer satisfaction. According to the MFAA, 97% of brokers have clients who return whenever they need loan advice.

It shows the trust borrowers place in refinancing with a mortgage broker for long-term financial support. From a first home purchase to an investment loan or refinancing, clients rely on brokers for ongoing support and guidance.

Ready for Refinancing With a Mortgage Broker? Talk to Osinski Finance

If you are considering refinancing, the team at Osinski Finance is here to help. We offer a full range of services, including home loans, property investment finance, and refinancing your home loan. We focus on finding finance solutions that suit your budget and lifestyle while keeping the process stress-free.

From negotiating lower rates to handling paperwork, we guide you through every step when you choose to refinance with mortgage broker support. Contact us today to book your refinancing review and start saving with confidence.

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