We are often asked, “Why should I refinance?” There are a number of motivators as to why people take up this option and if you find yourself in one of the following categories click here to talk to a Violet Relationship Manger to discuss your options.

• Loan Suitability: if your loan requirements are changing or you find yourself with a loan that doesn’t suit your needs.

• Product Requirements: does your loan do all that you require? Can you make extra repayments or is there a redraw facility?

• Customer Service: you may not be happy with the level of service you are receiving.

Generally speaking refinancing is a lot simpler than when you applied for your first home loan because you have done it before. Not only do you have a greater understanding of the process; you have a ‘history’ for us to assess.

Like all applicants you will be required to complete a Violet Application Form and supply the required documents including a copy of the title or a rates notice along with loan statements showing 6 to 12 months payment history. If you are refinancing a Credit Card or Personal loan you will need statements showing 3 months payment history of each.