Stop Overpaying on Your Mortgage.
Refinance and Save
We help you save thousands on your loan by refinancing your mortgage to secure lower rates, avoid overpaying, and making sure your home loan stays competitive long-term.
Save More, Pay Less on Your Home Loan
Many homeowners end up paying more on their mortgage than they need to. Without realising it, you could be overpaying month after month, which could add up to many thousands of dollars over the life of your loan.
Having a proactive mortgage broker on your side can make a big difference in how much you pay and help you save significantly.
We’re here to help you take control of your finances, find a better deal, and help you save thousands of dollars in interest and fees.
Don’t let your mortgage drain your bank account, rather let us show you how to keep more of your hard-earned money so that you can enjoy the sweet life.
Don’t Wait. Review Your Mortgage Regularly to Save
It’s a common frustration for homeowners, you lock in a mortgage thinking you’ve got a great deal, but a few years later, you notice your rate has gone up, and you wonder if there are better options out there.
Many banks are known for offering competitive rates to attract new customers, but existing clients often get left behind. As a result, long-term homeowners can end up paying much more than they need to on their mortgage.
Contact us and we can provide you with a free review of your current mortgage. We can then look at all the options and find you the best deal and rate for your situation, saving you money and ensuring your loan stays competitive.
Small Rate Changes, Cost You Big
The difference in rates between new and existing customers might seem small, but compounding over the years, it can cost you a lot more than you think.
On an average-sized mortgage, even a 0.5% difference in interest rate could add up to around $70,000 in extra interest payments over the life of your loan.
Take a moment to imagine what you could do with that extra money. Don't let the banks enjoy your hard earned money.
We’re here to help. We’ll review your mortgage, compare it to the best available rates, and ensure your loan stays competitive.
By Your Side for the Long Haul
At Empowered Lending Group, we’re not just here for one transaction, we’re here to be your home loan partner for life. We regularly review your mortgage to make sure you’re not overpaying, whether that means negotiating a better rate with your current lender or refinancing to a more competitive option.
We’re also here to help if your financial goals change. Whether you want to restructure your loan, borrow extra funds for renovations, or free up money for other purposes, we’ll make sure your mortgage works for you.
Our goal is simple: to help you get the most out of your loan and save you money along the way.
Case Study
Amanda’s Journey: Lower Payments, Less Stress, and a Brighter Future
With our help, Amanda was able to refinance her high-interest mortgage, consolidate her debts, and save $870 a month, putting her on track to retire sooner than she ever thought possible.
Meet Amanda. For years, she felt trapped in her high-interest mortgage, struggling to keep up with her monthly payments. Every month, the stress mounted as she wondered how she would cover not just her mortgage, but also her other debts—like her car loan and credit cards. Amanda felt like she was sinking deeper into a financial hole, unsure of how to get out.
That all changed when she came to us.
After sitting down with Amanda and reviewing her financial situation, we discovered there was a better way forward. We helped her refinance her mortgage to a much lower interest rate and consolidated her other debts; her car loan and two credit cards into one manageable loan. The result? Amanda is now saving $870 every month.
The relief was immediate. Amanda no longer feels the crushing burden of multiple payments, and she doesn’t worry about how she’ll make ends meet each month. With the extra savings, Amanda is now back on track to retire within the next decade—something she never thought was possible.
Amanda’s story is proof that refinancing can make a world of difference. If you feel stuck paying too much on your mortgage, we’re here to help you find a better deal and free up your hard-earned money.
Simplifying the loan experience.
Get in touch with us.
We are looking forward to starting a conversation, building a relationship and helping you achieve
property success!
Frequently asked questions.
If you've got questions, we've got answers. Here as are some of the most common ones we get. For everything else, get in touch.
I want a property but have no idea where to start.
The good news is, we do!
We are here to fully support you and, if it helps we can introduce you to our network of professionals that are great, just like us. If you need a conveyancer, solicitor, real estate agent, building broker, property manager or anyone else, we can get you connected.
We can also help you find and apply for any grants, schemes or incentives currently on offer to help you maximise your property portfolio. This isn't just to First Home Owners, we can help you if you are looking for an investment property or a development project too.
Mortgage Broker vs Direct. Why use a mortgage broker?
One word...Value! We have access to over 65+ lenders with a total of hundreds of loan products and options available to us. This gives us the ability to top and tail a solution that fits your perfect needs.
Primarily, this results in a lower overall cost to you, especially as we always look to reduce your overall interest and all other fees associated with your loan. Combine that with the ability to do rate reviews and re-financing options and this translates into thousands of dollars in savings over the life of your loan.
The other huge benefit is the loan approval rate. Using a mortgage broker has a much higher approval rate than an individual going straight to the bank. As a comparison we have a 98% loan approval rate vs the industry average of 60% for bank loan approvals for individuals. This gives you better chances to get your perfect property and not miss out on it.
Finally, we provide the benefit of time! If you had to do this legwork yourself, it would take forever to contact and compare each lender's many loan products. Plus let's not mention the financial jargon you have to deal with. It's a bit like buying health insurance... can you really compare like for like? Not really!
The good news is, we can and we do - everyday for our customers so that they get the best loan that meets their exact needs.
Also the other thing is, banks aren't bound by Best Interest Duty obligations like mortgage brokers are. This means they will only offer you their products, whereas a mortgage broker has the legal obligation to recommend only the loan product that best fits your needs.
Do I have to pay to use your services?
Nope! We charge you ZERO fees.
Hmmm, don't worry we aren't working for free. All mortgage brokers are remunerated directly by the lenders via a commission that is paid when one of our clients takes out a loan with that lender.
Across all lenders the majority of the commission is very similar, that way we aren't swayed towards one lender or one product, but rather focus on YOUR needs to select the best deal for you!
On a side note, it is important to realise that some mortgage brokers do actually charge for their services, so be careful who you get into bed with (financially speaking of course). You can be assured that at Empowered Lending Group, we will never charge you.
How do I increase my borrowing capacity?
Good question! It's a popular one.
The simple answer is, decrease your overall debt exposure. You see there is a direct correlation between the current debt you have access to and the how much you can borrow. So by simply reducing that amount, you will end up being able to borrow more.
Some of the easiest ways to reduce your current debt levels are to lower your credit card limits, especially on credit cards that aren't maxed out. Even better, switch to debit cards and get rid of your credit cards.
Other things that you can do is pay off any car loans or personal loans that you may have. And if you can't afford to pay those off, that is ok too, we can look at consolidating all of those debts and rolling them into your into your new mortgage. Just one of the many tricks we have up our sleeves to help you achieve property success.
How much of a deposit do I need to purchase a home?
This is dependant on how much the purchase price of your property will be. At the risk of sounding obvious, the more the better (duh...you knew that).
Ideally you would want a deposit of 20% or more so that you can avoid Lender's Mortgage Insurance (LMI). For a lot of people, especially First Home Owners that is tough, we understand, so don't feel bad if that isn't something you can achieve. We can still help you!
The great news is, there are many lenders that only require a 5% deposit provided that you check a few boxes. In some cases you might be eligible to have your LMI waived too, with just a 5% deposit. Talk to us to find out if you qualify.
One thing to keep in mind is that there are other costs associated with buying a property on top of the purchase price. These need to be considered when working out your deposit percentage as they will all contribute to the total amount you may need to borrow.
Common examples of these extra costs are stamp duty, land transfer fees, mortgage registration fees and solicitors fees. It’s best to review these numbers with an expert, so if need help reach out and we can run the numbers with you.
What if I don't have enough of a deposit?
While we encourage you to save up as much as you can for your deposit, we completely understand that not everyone is in a position to save up enough required for an initial deposit.
The good news is, you're not completely stuck. There are other options such as government grants, schemes and incentives to help you get the deposit you might need. There are also other options too such as guarantors or equity from other assets you might own.
During our initial conversation, we can talk through all of the various options and work out what fits you best.
We don't live in Brisbane or Queensland, can you still help?
Yes we can!
While we our primarily mortgage broker focus is South-east Queensland and Brisbane regions, we are licensed to operate Australia wide.
And with today's modern technology, virtual meetings and remote verification of identity options, we have actually helped many interstate clients get their dream properties. We would love to get to know you and help you too. Please reach out so we can help!
How long the initial assessment take?
On the first time we meet!
We can get you the answers during our "chill chat" phase, just as soon as we have all of your initial details and a good understanding of your current financial situation and what you are looking to achieve.
Once we have those details, we'll run the numbers and provide you with an initial estimate before we conclude our first meeting.
A complete assessment usually takes us a few business days to complete once we have received all of the necessary paperwork and details. Don't worry it isn't daunting, and we will step you through everything we require to get going.
What is Lenders Mortgage Insurance (LMI) and do I need it?
Lenders Mortgage Insurance (LMI) is insurance that protects the lender if you can't pay your loan and your property sells for less than what you owe. Remember, LMI covers the lender, not you, even though you'll typically pay for it. You can't make a claim on LMI; only the lender can. LMI is different from mortgage protection insurance, which you can get to protect yourself if you can't make your loan payments.
LMI is only payable (by you) if you have a deposit of less than 20%. Even if you are in that situation, don't worry as LMI can be added to your loan, in other words it isn't something you necessarily need to pay out of pocket.
The good news is that LMI can also be waived if you work within certain professions or if you are a First Home Owner and meet certain eligibility criteria. To find out more, get in touch and we can walk you the details of LMI and if it applies in your situation.
Do I need a pre-approval and how long does it last?
If you are asking this question, then that means you know your stuff! We are impressed.
A fully assessed bank pre-approval typically lasts for 90 days. If you work with an experienced broker (we are one such broker) who thoroughly reviews your information and does the calculations right, you usually don't need to submit a pre-approval application to the lender. The broker’s estimate will be very accurate and won't impact your credit history.
We only suggest officially applying for pre-approval in specific situations, like if you're planning to bid at an auction or if your financial situation is complex and needs special attention from lenders. No need to stress though, we will let you know if this is something that applies to you and if so will help you through the whole process.