Can a broker really turn around a refinance in under two weeks?

It depends on the lender and how complete your documents are. Some lenders have express assessment lanes for straightforward refinances with clean payslips and a recent valuation. A broker who works with multiple lenders can pick one suited to speed rather than just rate.

What happens if my fixed rate expires before the new loan settles?

You typically roll onto your current lender's revert rate until the new loan settles, so there can be a short window of higher repayments. A broker should flag this possibility rather than assume settlement will land exactly on time.

Will rushing the refinance cost me more?

Not inherently, but rushed applications are more likely to hit a documentation gap that then causes delay anyway. A broker who asks for everything at once usually gets a cleaner run than one who requests items piecemeal.

Need to refinance fast before your rate changes?

Some refinancing jobs cannot wait for the usual six to eight week runway. A fixed rate is about to roll off onto a much higher variable rate, a bridging arrangement is ending, or a lender has issued a deadline on an existing facility. In these cases the priority is a broker who can move quickly: getting documents together, lodging with a lender who has fast turnaround times, and pushing settlement through before the old rate expires or a penalty applies.

This is a different job to a routine refinance comparison. It means the broker triaging your file first, checking whether you actually qualify to switch (income documents, current loan statements, property valuation) before promising a timeline, and being upfront if a fast switch is not realistic for your situation.

Fixed rate expiry within weeks
Bridging finance or short-term loan running out
Lender-imposed deadline on an existing facility
Needing to lock in a rate before a scheduled increase

What it costs

Broker fees for refinancing are usually paid by the lender via commission, not the borrower, so the direct cost to you is often nil. What drives total cost is discharge fees from your current lender, any break costs on a fixed loan, and government charges for registering a new mortgage. Ask for these figures upfront before deciding to move.

Top 3 by our score

Ranked from our published scoring of public Google reviews for refinancing.

1. Varlo Finance
5.0★ · 773 reviews

95
2. Aussie Home Loans Joondalup
5.0★ · 384 reviews

95
3. Tusk Finance
5.0★ · 338 reviews

95

Browse all providers

FAQ

Can a broker really turn around a refinance in under two weeks?: It depends on the lender and how complete your documents are. Some lenders have express assessment lanes for straightforward refinances with clean payslips and a recent valuation. A broker who works with multiple lenders can pick one suited to speed rather than just rate.
What happens if my fixed rate expires before the new loan settles?: You typically roll onto your current lender's revert rate until the new loan settles, so there can be a short window of higher repayments. A broker should flag this possibility rather than assume settlement will land exactly on time.
Will rushing the refinance cost me more?: Not inherently, but rushed applications are more likely to hit a documentation gap that then causes delay anyway. A broker who asks for everything at once usually gets a cleaner run than one who requests items piecemeal.

When you submit an enquiry through our forms, it may be shared with partner providers who can do the work, and we may receive a referral fee. Our rankings and scores come from our published method only, separate from any referral fees.