Have a home loan and other debts like a car loan, credit cards or personal loans.
Refinance Home Loan
Advice on refinancing your current debts to get a better deal.
No Obligations
5.0 Stars Based on 151 user reviews
Why refinancing is important
When people contact us to refinance, the number one thing on their mind is getting a lower interest rate to reduce their home loan repayments. Some people are simply financially savvy and want a better deal and others are under financial strain where every dollar saved on interest helps!
It's important for all mortgage holders to review their home loan interest rate (and all other debts), every one to two years as banks run a profitable business and increase their variable interest rates as they please (it's not always tied to an RBA rate increase)!
As clients of Blackk, we do this for your annually as a complimentary service as I want to see all my clients on the best deal we can get them.
As mortgage brokers, we advise you on how to better structure all you debts (home loan, car loan, personal loans, credit card debt etc.) to reduce your overall interest repayments and fees each month. Usually this is by rolling most debts into your home loan.
Simply book a free call with me if you'd like to understand your options.
With relationships with over 50 banks and lenders across Brisbane, the Gold Coast and the Sunshine Coast, strong knowledge of banking policies and efficient, friendly service, you will feel in safe hands.
Best of all, we don’t charge you a fee to use our service as we are paid by the lender when your home loan settles.
How refinancing can help
Reviewing your financial situation with a view to refinancing to a new lender comes with benefits:
Get a lower interest rate
Lower your monthly repayment by moving to a sharper rate. Not sure whether fixed or variable suits you better, or want to lock in a rate before it moves? We'll explain what that means for your refinance.
Have a more flexible loan structure
Restructure with an offset account (a transaction account that reduces the interest charged on your loan) or redraw.
Consolidate your existing debt
Roll credit cards, car loans and personal loans into the home loan to simplify and reduce monthly cost.
Accessing extra funds
Release equity to renovate, buy an investment property or invest in shares.
You should consider refinancing if you
Hear of other people getting a better interest rate or deal than you.
Are preparing to buy an investment property within the next year.
Need to buy your next home before selling your current one, where bridging loans may help.
Need a small amount of money to pay for some home renovations.
Our Process
Steps to refinancing
A simple five-step process. You speak to Victor at the start and the team handles the rest.
Free 20-minute call
Victor will get a clear picture of your current loan, debts, income and what you want over the next three to five years. No paperwork at this stage. Just a conversation about whether refinancing makes...
Compare 50+ lenders
We check the rate and product against 50+ lenders, factor in your LVR (the loan amount as a percentage of the property value), and run the numbers including break costs and discharge fees. If you're r...
Present your options
We walk you through two or three options on a video call: rate, comparison rate, fees, repayments and total cost side by side. You choose.
We handle the application
We prepare the application, order valuations, and deal with the back-and-forth on documents and serviceability (the lender's check that you can afford repayments).
Testimonials
See what clients say about our service
5.0 Stars
Based on 151 user reviews
Rob & Laura
“Victor and the team went above and beyond to ensure we secured the property we wanted. They took the time to explain the steps involved during the buying process, their communication was excellent and knowledge of the market second to none. These guys were a pleasure to deal with and we would absolutely use again. Highly recommend.”
Dylan & Bree
“My fiancé and I are both self-employed and we were concerned about finding a lender who would cater to our situation. Thankfully, Victor and Christal made the entire financing process a breeze. They were extremely prompt with all communication, super professional, offered an enormous amount of industry knowledge, and most importantly, they helped us secure our family home...
Isabelle & Wayne
“Thank you Victor and the team you made our home loan journey a happy, stress free experience. We were updated at every step and Victor’s advice in the early stages was invaluable to us securing our loan. We need more community minded, person centred business’ like this. Would recommend Blackk Mortgage Brokers to anyone looking for genuine financial advice with no hidden agenda.”
Work with Victor, Queensland's home loan refinance specialist
- Victor Kalinowski has been a lender and broker for 19+ years and has run Blackk since 2007
- 99.6% of loans submitted in the last financial year were approved.
- We hold an Australian Credit Licence and you don't pay us a fee.
- The lender pays us when your loan settles.
- Based in Brisbane, working with clients across Queensland.
Frequently Asked, Clearly Answered
There are usually four costs to budget for:
- Discharge fee from your current lender (typically $300-$400)
- Settlement fee on the new loan
- Property valuation (often free, sometimes covered by the new lender)
- Government charges to register the new mortgage
Many lenders offer cashback that covers most or all of these. We'll show you the net cost before you commit.
Typically three to six weeks from application to settlement, depending on the lender and how quickly the valuation comes back.
A refinance application creates a credit enquiry, which can dip your score temporarily. Approved loans paid on time rebuild it quickly. We only submit one application, to the lender that fits you best.
Most lenders want you at or below 80% LVR to avoid lenders mortgage insurance on the new loan. Above 80% is possible, but the maths needs to work.
Yes. We work with lenders who assess self-employed income properly, including options that use one year of financials or BAS statements.
Depends on your goals and how much certainty you want. Splitting part fixed and part variable is common. We'll talk through what suits your situation rather than guess at where rates go next.
No. The lender pays us a commission when your loan settles. There's no fee to you, and we put what we're paid in writing.
Work with Victor, Queensland's expert in home loan approvals
He’s here to guide you personally through every step, making sure your loan gets approved smoothly and stress-free.
