Refinance Your Mortgage for a Better Deal
Smart Refinancing for Self-Employed Professionals and High-Net-Worth Families
How WealthCorp Handles Your Refinance
Refinancing involves more than finding a lower rate. For self-employed borrowers and high-net-worth families, the process requires careful structuring and the right lender from the start. Here is how we approach it.
Review Your Current Loan
We start by assessing your existing loan, the rate, structure, features, and any exit costs. This tells us exactly what you are working with and where you stand.
Understand Your Income and Financial Position
For self-employed and high-net-worth clients, income verification works differently. We assess your full financial picture, business income, investments, and existing assets and identify which lenders will view your application most favourably.
Identify the Right Loan and Lender
With access to 40+ lenders, we do not just compare rates. We match your financial profile to lenders who understand complex income structures, high-value properties, and investment portfolios.
Manage the Application End to End
Once you have approved a direction, we handle the paperwork, coordinate valuations, liaise with your existing lender, and keep you updated throughout. No surprises.
Is Refinancing Right for You?
Most homeowners refinance for one of four reasons. Here is how to know which applies to you.
Lower Your Interest Rate
If your current rate is more than 0.50% above what is available in the market, you are likely overpaying. Many homeowners stay with their existing lender out of habit, even when better options exist. A quick loan review with Darko will show you exactly where you stand.
Access Your Equity
If your property has increased in value since you purchased, you may be sitting on usable equity. This can be accessed for renovations, additional property investment, a business opportunity, or consolidating existing debts at a lower rate.
Consolidate Existing Debts
Multiple debts at varying interest rates, credit cards, car loans, personal loans, can be folded into your mortgage at a significantly lower rate. This simplifies your repayments and can reduce your total monthly outgoings considerably.
Upgrade Your Loan Features
Not all loans are built the same. Switching to a loan with an offset account or redraw facility can reduce the interest you pay over time and give you greater flexibility with your cash flow.
Refinancing for Self-Employed Borrowers
Refinancing When You Are Self-Employed or High-Net-Worth
Standard income verification does not apply to everyone. For self-employed borrowers and high-net-worth families, refinancing requires a broker who understands how lenders read complex financial profiles.
WealthCorp specialises in this space. Darko has over 20 years of experience working with self-employed professionals and high-net-worth clients, and understands how to present your financial position in a way that gives you the best chance of approval at the most competitive rate.
What this means in practice:
• We know which lenders accept alternative documentation and how they assess business income.
• We understand how investment portfolios, trust structures, and company income are treated differently across lenders.
• We identify lenders with genuine appetite for your profile, not just the ones who process applications.
Whether you are a business owner with variable income, a professional with a complex asset structure, or a property investor looking to release equity, we structure the application to maximise your outcome.
What Our Clients Say
Real experiences from clients. Read more on our Google Reviews.
Ready to Talk to a Mortgage Broker?
Whether you are just starting to explore your options or ready to apply, Darko is happy to have a no-pressure chat. Book a free consultation and find out exactly where you stand.
Frequently Asked Questions
Refinancing makes financial sense when the savings on your new rate outweigh the costs of switching including exit fees, application fees, and valuation costs. As a general guide, if you can reduce your rate by 0.50% or more and you plan to stay in the property for at least two to three years, refinancing is worth considering. Darko will run the numbers for your specific situation so you can make an informed decision.
Every loan application involves a credit enquiry, which can have a minor short-term impact on your credit score. However, this is typically small and temporary. Having a broker like WealthCorp manage the process means we identify the right lender before applying, reducing unnecessary enquiries on your file.
Most refinances settle within three to four weeks from application, depending on the lender and the complexity of your financial situation. For self-employed clients or those with complex income structures, it can take slightly longer. We will give you a realistic timeline from the outset and keep you updated throughout.
Costs vary depending on your current loan and the lender you are moving to. You may encounter a discharge fee from your existing lender, an application or establishment fee with the new lender, and a property valuation fee. In many cases, the savings from a lower rate outweigh these costs within the first year. Darko will outline all costs upfront before you make any decisions.
Yes, and WealthCorp specialises in exactly this. Self-employed borrowers can face more scrutiny during refinancing because income verification works differently. We work with lenders who understand business income, accept appropriate documentation, and can offer competitive rates. We will assess your specific situation and identify the most suitable path forward.
A loan variation adjusts specific features of your existing loan, such as switching from variable to fixed rate, or adding an offset account, without changing lenders. Refinancing replaces your current loan entirely, usually with a new lender, to achieve a better rate, access equity, or restructure your debt. Depending on your situation, either option may be appropriate. Darko will advise which makes more sense after reviewing your current loan.
Ready to Get Your Project Moving?
Book a free, no-obligation consultation with wealthcorp today and take the first step toward a smarter Refinance.