Stop paying more than you need to. We review your loan, find a sharper deal, and handle the switch — across the Gold Coast, Brisbane, and Australia-wide.
If it's been a couple of years since you last looked at your mortgage, there's a fair chance you're paying more than you have to. BOC Finance reviews your current loan against the market, works out whether switching actually leaves you better off, and handles the whole change for you — so refinancing is simple, and genuinely worth it. We help homeowners right across Australia, from the Gold Coast to Perth.
Refinancing simply means replacing your current home loan with a new one — either with a different lender or your existing one — usually to get a sharper rate, lower your repayments, unlock equity, consolidate debts or change how your loan works.
It sounds like a hassle, but with a broker doing the legwork it's far easier than most people expect. The goal is straightforward: make your loan work harder for you than it is right now.
Instead of ringing around lenders yourself, you hand it to us. We review your current loan, compare it with a panel of 35+ lenders, and determine whether switching genuinely leaves you ahead once costs are factored in.
If it stacks up, we manage the whole switch end-to-end — the paperwork and the back-and-forth with both your old and new lenders. If it doesn't, we'll tell you that too. In most cases, our service costs you nothing, because we're paid by the lender once your new loan settles. (If you're buying rather than switching, that's a home loan instead — different process, same approach.)
Refinancing is worth a look if any of these sound like you:
Refinancing is worth it when the savings outweigh the cost of switching — and working that out for you, for free, is exactly our job before you commit to anything.
There can be costs involved: a discharge fee from your current lender, application or settlement fees on the new loan, and — if you're on a fixed rate — possible break costs. A couple of terms worth knowing: your equity is the portion of your home you actually own (its value minus what you owe); your LVR (loan-to-value ratio) is how much you're borrowing against that value; and if your equity is under 20%, Lenders Mortgage Insurance may apply. We crunch all of it in plain English and only recommend switching if you come out in front.
To give you an accurate picture, we'll usually ask for:
You'll work directly with founder Antony Chan, who spent more than 2 decades inside the banking industry before starting BOC — so you've got someone who knows where the real savings hide. We're local to the Gold Coast and Brisbane, we only ever suggest switching when the numbers genuinely work for you, and we're here for the long term, not just this one loan.
A good rule of thumb is to have your loan reviewed every couple of years, or whenever your fixed rate is ending, or your circumstances change. We'll review your current loan for free and tell you honestly whether switching is worth it right now or better left for later.
There can be costs — such as a discharge fee, new loan fees, and break costs if you're on a fixed rate — but our service is generally free to you, as the lender pays us once your loan settles. We always weigh any switching costs against the savings first, so you only proceed if you're better off.
Applying for a new loan involves a credit enquiry, which can have a small, temporary effect on your score — and several applications in a short space of time can add up. Part of our job is matching you to the right lender the first time, so we're not making unnecessary applications on your behalf.
Often, yes. If you've built up equity in your home, refinancing can let you access some of it for renovations, investing or other goals. We'll work out how much you may be able to access and the most sensible way to structure it.
It varies by lender and your situation, but many refinances settle within a few weeks of applying. We'll give you a realistic timeline upfront and manage the lenders so you don't have to chase anyone.
There's usually no set waiting period — you can often refinance whenever it makes financial sense. That said, it's worth checking whether your current loan has any early exit or break costs, especially if you're on a fixed rate, since those can affect the timing. We'll factor all of that in when we work out whether switching now leaves you better off.
Book a free, no-obligation refinance review, and we'll tell you honestly whether switching is worth it — wherever you are on the Gold Coast, in Brisbane or Australia-wide.