Refinancing

There's nothing worse than being stuck on the wrong loan. Many people start with the right loan, but as their circumstances change, they find themselves paying too much interest on a loan that no longer meets their needs. Stratique Finance in Perth is here to help you avoid this common pitfall and find a refinancing solution that fits your current requirements perfectly.

Avoiding the Wrong Loan

It's a waste of time to apply for a loan with a minor rate saving if the new lender doesn't provide the services you need. A 0.1% rate reduction might seem appealing, but it won't benefit you if the loan lacks the necessary features or flexibility for your situation. At Stratique Finance, we ensure you get a loan that saves you money and meets your specific requirements.

Flexibility Matters

Fixing with most lenders can be problematic if you need to make additional repayments or access those funds later. Many brokers simply offer a cheap home loan without considering your needed features. Stratique Finance takes a different approach. We ensure your loan is flexible enough to accommodate future financial needs, providing a comprehensive solution tailored to you.

Creating the Best Loan Strategy

With our comprehensive fact-finding model, in-depth interview process, and extensive knowledge and experience, Stratique Finance can create the best loan strategy based on all your needs. We thoroughly understand your financial situation to offer a refinancing solution that truly benefits you.

New Home? Renovating? What You Need to Know!

The construction of a new home and the renovation of an existing one are similar, but lenders treat them quite differently. Stratique Finance has the experience and expertise to guide you through the construction maze with minimal stress. After all, you've got better things to do!

Construct & Finance Your New Home

Building your new home is an exciting and satisfying project. It typically takes 6-12 months and involves many decisions. You need land and a licensed builder, either selecting from available plans or having an architect draw up custom plans. The lender will require:

Full plans and specifications
Council approval
Builder's Insurance
Building contract and tender

An independent valuer will confirm the building price and suitability of the land. Once approved, the lender pays the builder in stages. First Home Owner's Grant and Stamp Duty Reduction Scheme may apply at the first progress payment.

Financing the Additions to Your Existing Home

Whether upsizing or downsizing, structural alterations may be required. These improvements, such as adding a room or a pool, need council approval and are considered major construction projects. The same process is used for a construction loan, and the value of your property after completion should cover the increased loan amount. Additions typically involve a '5 stage drawdown' with payments made to the builder after each stage: slab, frame, roof, lock-up, and final inspection.