Mortgage refinancing · New Zealand
Is it time to refinance your mortgage?
Every situation is different. Talk it through with a mortgage adviser who can weigh the benefits against the costs — and negotiate a fairer, more flexible home loan with a new bank if switching makes sense.
✓ Free, no-obligation chat
✓ Access to banks and non-banks
Get your free refinance assessment
Answer a few quick questions about your loan. A local adviser will review it and tell you straight whether switching makes sense.
✓ Takes about 2 minutes
✓ Free and no obligation
✓ Access to banks and non-banks
Prefer to talk? Call 09 416 2073
Why people refinance
Five good reasons to look at switching
Refinancing can make real financial sense — but it shouldn't just be a reaction to one bad bank experience. Here's what's worth a conversation.
01
Your bank relationship has broken down
Nobody has to be in the wrong. Sometimes a fresh start with a new bank is simply easier — especially after a rough patch.
02
Your bank won't help when you need it
Self-employed, irregular income, a little older or an unusual situation? One bank's no can be another bank's yes.
03
You're with a non-bank lender
Non-bank finance was meant to be a bridge. We have access to a bank that may let you move across sooner than you think.
04
You're not getting a fair deal
Your bank should always be offering you a competitive rate. An adviser makes sure it does — or finds a lender who will.
05
Your loan isn't flexible
Can you pay more, pay less when life changes, or reach emergency funds without re-applying? If not, it's worth a look.
Not sure which applies to you?
Every situation is different. A quick chat will tell you whether switching is worth it.
Ask an adviserFlexibility check
Does your home loan bend when life does?
Fixing most of your mortgage usually means a lower rate — but it can cost you flexibility. Many Kiwis signed up without knowing what was possible. The right structure gives you both.
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Increase your repayments
Pay extra on a fixed loan without being penalised. Most banks allow it — but the rules vary a lot.
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Decrease them again
Even more important. Most banks won't let you drop back to the minimum without reassessing you — the last thing you need when life changes.
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Reach emergency funds
Loans can be structured so you can draw on funds without applying to the bank — some banks even allow redraws on fixed loans.
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Revolving credit or offset
Extra flexibility when managed well. Offset loans are increasingly popular — but not every bank offers them.
Stuck with a non-bank lender?
Moving back to a bank can feel out of reach. We have access to one bank that might let you refinance from a non-bank today.
No surprises
Know the costs before you switch
There are always some costs to refinance. The good news: the new bank is often willing to cover some of them, and your adviser can negotiate a package on your behalf.
Solicitor fees
To switch your mortgage from one lender to another.
Discharge & break fees
From your existing bank, especially if you're mid-way through a fixed term.
Valuation
The new lender may need an up-to-date valuation of your property.
Bonus: consolidate debt
Refinancing is a good moment to roll in car loans, personal loans, store or credit cards charging more than your home loan.
▦ Want to run the numbers yourself first? Our refinance calculator helps you work through it.
Open the calculatorHow it works
Step 1
Tell us what's going on
Share why you're thinking about refinancing and what you want your loan to do.
Step 2
We weigh it up
Your adviser compares options, sets out the benefits and costs, and negotiates with lenders.
Step 3
You decide
If switching makes sense, we help you move to a loan that's fairer and more flexible.
Get a straight answer on refinancing.
Free advice from a local adviser. No obligation — just a clear picture of whether switching is right for you.