Refinance Your Mortgage and Unlock a Better Deal
Thinking about refinancing your mortgage? You're not alone. Thousands of Kiwi homeowners are making smarter financial moves by exploring their refinancing options – often saving tens of thousands of dollars in the process.
At Vega, we make home loan refinancing easy, straightforward, and stress-free. Whether you're aiming to get a better mortgage rate, consolidate debt, or free up funds for an investment property, we're here to help you find the best solution for your goals.
Why Refinance Your Mortgage?
Get a Better Mortgage Rate
Interest rates are always changing. Refinancing your mortgage could mean negotiating a significantly lower rate, and saving thousands over the life of your loan.
Consolidate Debt and Simplify Your Finances
High-interest debt piling up? Refinancing can allow you to consolidate multiple loans into a single, manageable home loan with a lower interest rate.
Access Funds for Major Life Events
Need extra cash for renovations, education, or other big life changes? Refinancing can unlock the equity in your home and give you the financial flexibility you need.
Invest in Property
Ready to grow your portfolio? Refinancing can help free up the funds needed for a deposit on your next investment property.
How Home Loan Refinancing Works
Starting your refinancing journey is easier than you might think. Vega kicks things off with a completely obligation-free, non-judgemental consultation – either in-person or online – to walk you through your refinancing options. Here’s how our process wor
Why Choose Us for Your Refinance?
When it comes to refinancing your mortgage, experience and connections matter.
- 24+ Trusted Lender Relationships
Our team works with more than two dozen trusted lenders across New Zealand. That means we know exactly who’s likely to approve your application, before we even hit ‘send’. - Tailored, Fast Solutions
Every situation is different. We personalise your refinancing strategy to make sure you reach your goals, fast. - Advocates for Your Best Deal
We've helped many clients secure significantly better mortgage rates, simply by knowing how, and where, to negotiate.
FAQ about your mortgage options
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What's the difference between refinancing and refixing?
Refixing means staying with your current lender but negotiating a new interest rate at the end of your fixed term. Refinancing involves moving your mortgage to a new lender to take advantage of better rates, terms, or cash incentives. Both options have their benefits - let's discuss which might work best for your situation.
Read our article: How to Refinance Your Mortgage in New Zealand?
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How do cash incentives work with refinancing?
Many banks offer cash incentives to welcome new customers. These incentives can:
- Cover the costs of breaking your current loan agreement.
- Pay for legal fees associated with switching.
- Leave extra cash in your pocket. Each lender offers different amounts, and your mortgage broker can help secure the best available incentive alongside competitive rates. Book your Free Consultation.
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What does restructuring your mortgage mean?
Restructuring allows you to:
- Split your loan into multiple portions.
- Choose different fixed and floating rates.
- Adjust your loan term.
- Change your repayment frequency or amount.
This flexibility helps you create a mortgage structure that better matches your financial goals and circumstances.
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When should you consider restructuring your mortgage?
Consider restructuring when you want to:
- Take advantage of different interest rate types
- Create a buffer for future financial changes
- Better align repayments with your income schedule
- Prepare for future property investments
- Better manage your cash flow
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Can you combine refinancing with restructuring?
Yes! When refinancing to a new lender, it's the perfect time to:
- Review your entire mortgage structure
- Split your loan into strategic portions
- Set up a more advantageous repayment schedule
- Take advantage of cash incentives
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Can you refix or refinance before your fixed term ends?
Yes, but you'll need to consider:
- Break fees from your current lender
- Whether available cash incentives offset these costs
- If the long-term savings outweigh short-term costs
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How often should you review your mortgage?
Regular reviews help ensure you're always getting the best deal. Consider reviewing:
- Before your fixed term expires, usually about 60 days prior
- When your financial situation changes
- When market interest rates shift significantly
- If you're planning major life changes
Refinance Your Home Loan, Your Way
Whether you're looking to refinance for better rates, refinance for an investment property, or refinance to consolidate debt, we’re ready to help you navigate the process with confidence.
Don't leave money on the table. Take the first step towards better financial freedom today.