Point Piper Refinancing: Planning Across Multiple Loans and Properties

If you are refinancing a Point Piper property while holding other properties or loans, start with a complete loan and security schedule. A proposed change should be clear about which debt is moving, which property supports it and what you want the arrangement to look like afterwards.

Brampton Finance helps borrowers review suitable options and prepare the information needed for assessment. Our Point Piper mortgage broker page explains the local service; this guide focuses on organising a refinance involving several loans or properties.

Map the current position

For each loan, record the borrower names, lender, balance, credit limit, interest rate, repayment type and remaining term. Identify fixed-rate expiry dates and any offset accounts you use. Keep current statements and relevant loan documents together.

List each property separately, including its owners, address, use and the loans you understand it supports. Ask your lender or broker to clarify any uncertain security arrangements rather than relying on memory or account nicknames.

Define what should change

Explain whether the aim is to review pricing, change features, replace an expiring fixed rate, access additional funds or prepare for a future property sale. Identify the loans you want reviewed and any arrangements you would prefer to retain.

Our refinancing service covers the starting questions. Keep any additional borrowing request separate from the existing balance and explain its purpose, amount and supporting evidence.

Ask how the proposed security arrangement would work

Discuss which properties the proposed lender would require as security and why. Ask what would need to happen if you later sell or refinance one property, including any further assessment, valuation, repayment or consent requirements.

If you want a property released from an existing arrangement, ask the lender to confirm the requirements before planning around the release. Include any relevant ownership, entity or guarantee documents for your advisers to review.

Compare costs over a useful period

Request estimates of applicable discharge, application, valuation, legal and ongoing fees, together with any fixed-rate break costs. Compare the proposed loan using the intended remaining term and repayment type, as well as the interest rate.

If a proposal extends the term or changes repayments, ask for an explanation of the effect on total interest and your repayment plan. Check the specific offset and redraw features you expect to use, including fees and which loan account each feature relates to.

Prepare the household and settlement information

Provide current income evidence, expenses and all existing commitments. The Darling Point larger-loan checklist helps organise the wider financial picture, while the Woollahra income guide covers mixed and business income.

Explain any planned sale, purchase, renovation or change in property use, along with the expected dates. Ask your broker, lender and solicitor or conveyancer to clarify the steps needed for the proposed settlement. Obtain appropriate tax advice before changing how borrowings are used or combined.

If a fixed period is ending, use the Darlinghurst fixed-rate expiry checklist. Explore the Eastern Suburbs finance guides or discuss your Point Piper refinance on 02 9389 1077. We act as your broker; the selected lender makes the credit decision. General information only. Finance is subject to assessment and approval.