Refinance
Refinance Home Loans
Compare 70+ lenders with a Brisbane broker who explains the trade-offs before you commit — then handles the paperwork from application to settlement.
Overview
When refinancing makes sense — and when it doesn't
Refinancing means replacing your current home loan with a new one, either with your existing lender or a different one. People refinance for four main reasons: to secure a lower interest rate and reduce repayments, to access equity for a renovation or investment property, to consolidate higher-interest debts such as credit cards or car loans, or to change the loan's structure — moving from fixed to variable, adding an offset account or splitting the loan. What was right for you a few years ago may not be right now, and lenders frequently reserve their sharpest pricing for new customers rather than loyal ones.
A worthwhile refinance weighs the savings against the costs. Costs may include discharge and settlement fees from your current lender, application and valuation fees with the new lender, government mortgage registration fees and — if you're on a fixed rate — potentially significant break costs. A lower rate also needs to survive the new lender's assessment: you'll be reassessed on current income, expenses and the 3% serviceability buffer, and the new lender's valuation determines your LVR. If the valuation comes in low and pushes you above 80% LVR, Lenders Mortgage Insurance may apply again.
Two traps deserve attention. First, cashback offers can be attractive, but a cashback rarely outweighs a higher rate over the life of the loan; we do the arithmetic. Second, consolidating short-term debts into a 30-year mortgage lowers your monthly outgoings but can increase total interest paid unless you keep repayments high. Sometimes the best outcome isn't switching at all — a well-presented request to your current lender for a rate review can achieve a meaningful reduction with no paperwork. Whichever path suits, we show you the numbers over the full term, not just the first year.
Why Rannar
Four things you can hold us to
Your interests, legally first
Best Interests Duty isn't a slogan — it's the law we work under. Every recommendation is documented and explained.
Options, then one clear answer
You'll see the comparison, but you'll also get a straight recommendation. Choice without guidance is just noise.
Fast, because timing matters
Contracts have finance dates and rate offers expire. We move quickly and chase lenders so you don't have to.
With you long after settlement
Rate reviews, fixed-rate expiries, your next purchase — you keep the same broker and the same phone number.
How it works
From first call to settlement
No jargon, no pressure. Here's exactly what happens from first call to settlement.
- 1
Strategy call
A free 30-minute call about your goals, income, deposit and timing. We'll tell you honestly what's realistic.
- 2
Compare & recommend
We assess your position against 70+ lenders' policies and come back with options — and one clear recommendation.
- 3
Application & approval
We package the application so it sails through credit, and chase the lender daily until it's approved.
- 4
Settlement & beyond
We coordinate with your solicitor and the lender, then review your rate every year so you're never overpaying.
Reviews
What clients say
“Highly recommended – works closely to ensure client needs are met.”
“Sachin at Rannar is amazing and easy to work with. Walks you through all possible options and makes the whole loan journey and experience as seamless and easy as possible. Highly recommend him for all your loan needs.”
“Sachin has been incredibly supportive throughout my entire mortgage journey, always available whenever I needed assistance. His dedication and expertise made the process much smoother, and I would highly recommend him to anyone seeking reliable and knowledgeable guidance in the mortgage process.”
Good to know
Questions we hear every week
Straight answers. If yours isn't here, ask — we'll reply personally.
A broker works for you, not a bank. We assess your situation, compare loans from our panel of 50+ lenders, recommend the ones that suit you and manage the application through to settlement. In most cases our service costs you nothing: the lender pays us a commission once your loan settles, and we disclose exactly what that is before you proceed.
Your bank can only offer its own products and will assess you against its own policy. We compare dozens of lenders, know which ones treat your income type, deposit size or property most favourably, and negotiate on your behalf. We are also legally required to act in your best interests, which a bank's lending staff are not.
It depends on your income, living expenses, existing debts, deposit and the lender's assessment rate, and the answer can differ by six figures between lenders. Our borrowing power calculator gives a rough guide; a strategy call gives you a real number based on the lenders most likely to say yes.
Pre-approval typically takes a few business days to two weeks depending on the lender and how complete your paperwork is. Formal approval after you find a property usually takes one to two weeks, and settlement is commonly 30 days from contract in Queensland. We have had loans approved in under ten days when it mattered.
No. Our initial assessment and lender comparison do not involve a credit enquiry. A credit check only happens when we lodge a formal application with the lender you choose, and because we match you to the right lender first, you avoid the multiple enquiries that come from applying to several banks yourself.
No. Alongside home, investment and refinance loans we arrange commercial property finance, business loans, asset and equipment finance, car loans, personal loans and SMSF property loans. Many of our clients are business owners who use us for both their home and their business.
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Ready to talk about Refinance Home Loans?
A free 30-minute call with Sachin. We'll tell you what's realistic, what it will cost and which lenders suit your situation.