Refinance your Investment Loan

Defence Home Loans helps Australian Defence Force (ADF) Members improve the yield on their investment property by refinancing their Investment Loan

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Refinancing your Investment Loan as an ADF Member

At Defence Loans, we understand the unique financial circumstances and complexities faced by members of the Australian Defence Force (ADF). Whether you're stationed domestically or deployed overseas, managing your investment portfolio remains a crucial aspect of your financial stability and future. That's precisely where our expertise comes into play. Our specialised services are designed to cater to ADF members' particular needs, ensuring you receive tailored advice and solutions. One of our key offerings is the ability to refinance your Investment Loan, a strategic financial move that can significantly impact your investment performance and overall financial health.

Refinancing your Investment Loan through Defence Loans can lead to numerous benefits. Firstly, it can secure you a lower interest rate, which directly translates into reduced monthly repayments and potentially thousands saved over the loan's life. It can also allow you to switch to a loan with more favourable terms, including the flexibility of repayment options or the possibility to make extra repayments without penalty. This adaptability is especially beneficial for ADF members, whose financial situations can change with deployments and postings.

Moreover, by choosing to refinance your Investment Loan with us, you're opting for a partner that comprehends the ADF lifestyle. We've dedicated years to mastering the intricacies of military life and financial planning within this unique context. Our team is equipped with the knowledge and experience to navigate the specifics of ADF pay structures, benefits, and allowances, ensuring we can secure the best possible outcomes for our clients.

Refinance your Investment Loan with Defence Loans, and take control of your financial future. Our commitment to understanding and addressing the specific needs of ADF members, combined with our competitive loan options and dedicated support, makes us the preferred choice for those looking to make strategic financial decisions regarding their investment properties. Together, we can unlock the potential of your investment, ensuring it works as hard for you as you do for your country.

Compare your current investment loan in less than 5 minutes.

We have access to thousands of products from banks across Australia. See how your current Investment Loan compares with the best deals in the market.

Interest rates as low as:

5.79%

Headline Rate

5.82%

Comparison Rate

Common scenarios where ADF Members Refinancing an Investment Loan

Your fixed-rate time is almost up

When ADF members have a fixed-rate Investment Loan, it usually lasts for 1 to 5 years. After that, your Investment Loan switches to a variable interest rate, which might be quite different from what you were paying before. If interest rates have risen a lot since you fixed your Investment Loan, the new rate could be much higher. But if rates have dropped, you might end up with a lower rate. When you're a few months away from the end of your fixed-rate time, it's smart to chat with a mortgage broker like Defence Home Loans. They can help you pick the best Investment Loan option for your situation, whether it's sticking with your current lender, getting a new fixed-rate Investment Loan, or switching to a different lender. You'll want to choose the option that fits your money goals.

You want to tap into the value of your property

If you're an ADF member and you want to invest in another property, expand your property portfolio, make renovations, or get cash for a big expense, you might be able to use the value of your property. Refinancing your Investment Loan can help you do this. But just because you've built up value doesn't mean you can get all that money. To figure out how much you can get, give the team at Defence Home Loans a call.

You want to change how long you have to repay your loan

Sometimes, as an ADF member, you might want to refinance to change how long you have to repay your Investment Loan. If your income has gone up and you can manage higher payments, switching to a shorter loan time could save you money on interest in the long run. But before you commit to higher payments, think about whether you'll still be able to manage them if interest rates go up or your income drops. On the flip side, if you want to lower your payments, switching to a longer loan time could help. Just remember, a longer time means more interest payments, so it'll cost you more overall.

The Investment Loan Refinancing Process

Picture for Defence Loans

1. Compare your Current Investment Loan

See how much you could save by comparing your Investment Loan to 1000s of others currently available

2. Check you're eligible

We'll collect some person details to make sure banks will accept your application

3. Upload your Documents

Take photos or upload your documents in our secure portal

4. Sit Back and Relax

We'll prepare and submit your application on your behalf and keep you updated as it progresses

See why others choose Defence Home Loans to help Refinance their Investment Loan:

rR

ram Reddy

Nick Sullivan, was very informative . He was excellent in co-ordinating and organising my home loan.

RS

Robert Stuart

Could not recommend highly enough. I am a first-time home buyer and had no idea about the steps involved. We only had a 1 week turn around and Nick was able to help make that possible. He was always available and happy to answer my many ...

AA

Alexandra Alder

Carl Elsass has worked tirelessly to rapidly get us a mortgage that suits our needs perfectly, with an amazing interest rate, from a fantastic neo bank that we would never have heard of without his help. He has been an absolute pleasure to ...

Common Questions:

What are the Benefits of Refinancing a Home Loan or Investment Loan?

Refinancing your Home Loan or Investment Loan can offer numerous advantages for Australian Defence Force (ADF) Members. One of the primary benefits is the potential to secure a lower interest rate, which can significantly reduce monthly loan repayments. By obtaining a lower rate, ADF Members can effectively manage their finances more efficiently, freeing up funds for other essential expenses. Moreover, refinancing allows for the adjustment of loan terms to better suit individual financial circumstances. This could involve extending or shortening the loan term, or changing the repayment frequency to align with income cycles or budgetary preferences. Such flexibility empowers ADF Members to tailor their loans to their specific needs and goals. Additionally, refinancing can provide access to equity, enabling ADF Members to release funds for various purposes such as home renovations, purchasing a vehicle, planning a holiday, or investing in additional properties. Consolidating multiple loans into a single facility simplifies financial management and can potentially reduce overall interest costs. Lastly, transitioning from a variable to a fixed-rate home loan through refinancing offers the advantage of locking in a stable interest rate and repayment term, providing peace of mind amidst fluctuating market conditions. Overall, refinancing presents ADF Members with valuable opportunities to optimise their loan arrangements and enhance their financial well-being.

What is Refinancing?

Refinancing, also known as loan refinancing, is the process of acquiring a new mortgage to replace an existing one, whether it's for a home loan or an investment loan. This can involve switching to a different lender or renegotiating with the current one. There are various reasons for refinancing, including securing a lower interest rate, reducing monthly repayments, adjusting the loan terms, or consolidating debts. Additionally, individuals may opt for refinancing to access funds for home renovations or to fix a portion of their loan. At Defence Loans, assisting Australian Defence Force (ADF) Members with refinancing their Home Loan or Investment Loan is a key focus of ours, ensuring they receive tailored support and guidance throughout the process.

Why should I use a Mortgage Broker?

Using a mortgage broker can simplify the mortgage journey, provide access to a broader range of options, offer expert guidance, and streamline the application process, ultimately saving time and potentially securing better loan terms. Mortgage brokers serve as intermediaries between borrowers and lenders, offering valuable expertise and assistance throughout the mortgage process. One primary advantage of using a mortgage broker is access to a wide range of loan products from various lenders. This diversity allows brokers to tailor solutions to individual needs and financial situations. Additionally, brokers often have established relationships with banks and lenders, which can lead to better terms and rates for borrowers thank sticking with their main bank. Another key benefit is the guidance provided by mortgage brokers. They help navigate the complex mortgage landscape, explaining the intricacies of different loan options and ensuring borrowers understand their obligations. This personalised support streamlines the application process, saving borrowers time and stress.

Are your mortgage brokers licensed and accredited?

All of our Mortgage Brokers are accredited and members of the Mortgage and Finance Association of Australia (MFAA). They are extremely professional and provide exceptional service across a range of lending options. In addition they have the essential qualifications and more to provide expert advice for any scenario you are in, whether it be refinancing your Home or Investment Loan, getting a Car Loan or a new Loan to purchase.

When Should You Refinance a Home Loan or Investment Loan?

There are a few things to consider when deciding if you should refinance your Home Loan or Investment Loan. First, you need to make sure that you can afford the new monthly payments. You also need to understand the costs associated with refinancing. We can help you with this, including to help you understand any cost of breaking your fixed term. There is no perfect time to refinance and depends on your needs. Often you will decide to refinance to move to a cheaper interest rate.

What are the Benefits of Refinancing a Home Loan or Investment Loan?

Refinancing your Home Loan or Investment Loan can offer numerous advantages for Australian Defence Force (ADF) Members. One of the primary benefits is the potential to secure a lower interest rate, which can significantly reduce monthly loan repayments. By obtaining a lower rate, ADF Members can effectively manage their finances more efficiently, freeing up funds for other essential expenses. Moreover, refinancing allows for the adjustment of loan terms to better suit individual financial circumstances. This could involve extending or shortening the loan term, or changing the repayment frequency to align with income cycles or budgetary preferences. Such flexibility empowers ADF Members to tailor their loans to their specific needs and goals. Additionally, refinancing can provide access to equity, enabling ADF Members to release funds for various purposes such as home renovations, purchasing a vehicle, planning a holiday, or investing in additional properties. Consolidating multiple loans into a single facility simplifies financial management and can potentially reduce overall interest costs. Lastly, transitioning from a variable to a fixed-rate home loan through refinancing offers the advantage of locking in a stable interest rate and repayment term, providing peace of mind amidst fluctuating market conditions. Overall, refinancing presents ADF Members with valuable opportunities to optimise their loan arrangements and enhance their financial well-being.

Can you help First Home Buyers?

We love helping First Home Buyers! Defence Home Loans helps Australian Defence Force (ADF) Members who are First Home Buyers access a Home Loan plus understand any Grants and Discounts that they are eligible for. For most, buying your first home with a Home Loan signifies one of the most significant financial decisions of their lives. It's an investment in the future, a foundation for family life, and a step towards financial security. Defence Loans is acutely aware of the importance of this milestone. We pride ourselves on our personalised approach, ensuring our clients are equipped with the knowledge, options, and support to make informed decisions. Our range of Home Loan solutions caters explicitly to the diverse needs of ADF members and first home buyers, offering competitive rates, flexible terms, and benefits uniquely tailored to the service life and career trajectory of defence personnel.

Can you help with Home Loans?

When it comes to securing a Home Loan, Australian Defence Force (ADF) members, face unique circumstances and challenges. Understanding these nuances, Defence Loans emerges as a beacon of support and guidance in the journey towards homeownership. Choosing Defence Loans to facilitate your Home Loan process is not merely a transaction; it's embracing a partnership that recognises and honours your service. We understand the significance of trust, especially when making such a substantial life investment. Our clients are at the heart of everything we do, and we go the extra mile to ensure your Home Loan journey is straightforward, transparent, and tailored to your unique situation.

What kind of interest rates can you offer?

We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.

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