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Looking for a better interest rate or to reduce your monthly repayments?


Perhaps you want to unlock your home equity and free up some money to renovate your home or to invest. Whatever the reason, if the timing is right for you, refinancing can be a very beneficial exercise and may ultimately save you thousands of dollars, giving you the home loan features you want and helping you to get ahead financially.

Refinancing your home loan allows you to consolidate debt; lock in a better interest rate; switch between variable and fixed interest rates; and release the equity in your home to cover expenses such as home renovations, investments, weddings and motor vehicles. You may just wish to refinance to get a home loan that better suits your lifestyle and circumstances, or one that allows you to refinance and pay off your home loan even faster.

We have multiple refinancing options to offer, and we won’t recommend a refinancing solution if we can’t help you achieve your refinancing objective.

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Save yourself time and money by only having to repay one loan each repayment period, instead of several


Midas specialises in refinancing home loans.


We understand that there is more than one reason people want to refinance and we believe you should benefit from being a home owner.

Here’s a summary of the most popular reasons to refinance:

  • Lower your monthly repayments by locking in a lower interest rate

  • Reduce your repayments and pay off your mortgage sooner

  • Pay off high-interest debts, such as credit card debts, store card debts and personal loans by consolidating them into your home loan

  • Reduce the risk of rising interest rates by switching from a variable rate home loan to a fixed rate home loan – or to lock in a split rate loan to benefit either way

  • Unlock some money for funding expenses such as home renovations, holidays, motor vehicles, unexpected bills and weddings

  • Release your home equity for a variety of purposes, including investment in property or securities (such as the share market)

  • Save yourself time and money by only having to repay one loan each repayment period, instead of several

Since mortgage loans can be structured in many ways, such as with variable, fixed or split rates, then as times change you may have a good reason for switching structures.


To make a no-obligation refinance enquiry today, simply complete contact us form and and we will contact you shortly


We all know that when we first get a home loan, it usually has a term of 20 to 30 years, so you’re well aware you’re making a long-term investment. However, many people don’t realise that you don’t have to use the same loan or even the same lender for the full term of your home loan. Instead, if you find your home loan no longer suits your situation or circumstances, you can refinance to a loan with better suited features, which may come from a different loan provider.
Refinancing is a fairly simple process – we’ll take a look at the value of your home or investment property, to determine what the ‘loan to value ratio’ (LVR) is. Once we have identified a few criteria about your individual situation, we will then be able to assess which loan and which lender is best going to meet your refinancing requirements.  

It’s important when you’re looking to refinance to consider which home loan features you need and which features you no longer need. We can help you to become familiar with new mortgage products that offer features that will help you achieve your refinancing goal and ultimately, get ahead financially.

After discussing your refinancing options with you, we will submit an application to the lender of the new loan product. Once the lender has approved your application to refinance, your new lender will pay out your current home loan in full and your mortgage will continue with your new lender.

When you refinance, there are additional features you can benefit from while refinancing your loan - for example you can consolidate your high-interest debts such as credit cards, into your new loan which will mean you’ll be paying this debt back at the rate of your new loan (which undoubtedly is much lower than most credit cards, store cards and personal loans).

If you would like to find out how you can benefit from refinancing, and what loan option is best for you simply complete contact us form and we will contact you shortly.

Refinance CU
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