Lower interest rate
If your current rate is higher than what is available in the market, refinancing may help you move to a more competitive option.
Refinance your mortgage and get a better deal.
Your financial situation changes over time, and your home loan should keep up. CorePath Financial reviews your current mortgage, compares your options across lenders, and manages the refinancing process from start to finish.
Refinancing could improve how your mortgage works for you.
As your financial situation changes, your home loan may need to change as well. Refinancing lets you review your current setup and make adjustments where they have the most impact.
- Adjust your loan structure to suit current needs
- Move to a more competitive interest rate
- Explore options available from other lenders
- Consolidate existing debts into one repayment
- Gain more control over how you manage your loan
Common reasons to refinance.
Access home equity
If your property has increased in value, you may be able to use that equity for renovations, investments, or other financial needs.
End a fixed term early
You may choose to refinance before your fixed term ends to change lenders or loan terms, depending on your situation.
Change loan structure
Refinancing allows you to adjust how your loan is set up to match your income, expenses, and future plans.
Reduce repayments
If your financial situation has changed, refinancing may help make your repayments more manageable.
Switch lender
You may want to move to a lender that offers better terms, features, or service for your needs.
How CorePath Financial helps.
Refinancing involves decisions around lenders, loan structure, costs, and long-term financial impact. We simplify the process and make sure you are making informed choices based on your situation.
Personalised mortgage guidance
We understand your income, goals, and current mortgage before recommending any changes.
Clear independent advice
We compare your options across multiple lenders and explain loan structure, repayment flexibility, and overall cost.
Ongoing process support
We support the full refinance process, including lender communication, approval, and settlement.
The refinance process.
Review your current loan
We assess your existing mortgage, interest rate, structure, and overall terms to understand your position.
Compare refinance options
We look at what is available from other lenders to identify what could genuinely improve your situation.
Apply for the new loan
We prepare and submit your application, making sure documentation is completed accurately.
Legal finalisation
A lawyer is required to complete refinancing. We let you know what to expect at this stage.
Switch your mortgage
Once everything is in order, your new loan replaces your existing mortgage and the refinance is complete.
Frequently Asked Questions
Clear answers to the questions clients most often ask before they speak with us.
Will refinancing affect my credit score?
Refinancing involves a credit check, which can have a small and temporary impact. Over time, repayment history has a much greater influence on your credit profile.
What costs are involved in refinancing?
Costs can include break fees, legal fees, valuation costs, and lender setup fees. We help weigh these against potential savings before you commit.
Can I refinance during a fixed term?
Yes, but breaking a fixed-term contract early may involve break fees. We compare those costs against what you stand to gain.
How long does refinancing take?
Most refinances are completed within a few weeks once all documentation is in order. We manage the process to keep things moving.
Compare options across leading New Zealand lenders.
Thinking about refinancing?
A quick review of your current home loan can help you understand whether you could be in a better position.