Selling your home and buying another one can be a stressful time. Here are some ways we can help make the financing easier.
Pre-approval
If you’re looking to sell and buy a more expensive home, you’ll want to know how much more you can borrow. We may be able to pre-approve a new loan so you can look for your new home with confidence, and don’t waste time looking at properties outside your price range. Your pre-approval may be subject to certain conditions being met before you able to draw down your loan.
Do you already have a fixed rate home loan?
If you have a current fixed interest rate home loan, you may be able to take this with you when you buy a new home. Any additional borrowing can be put on a new fixed rate term.
Tideover/Bridging loans
When you’re selling your home and want to buy a new one, timing can sometimes be a problem. There may be a gap between settling on your existing home and when you need to settle on your new home.
Rather than miss out on the home you want, we can help you with Tideover finance. This is a short-term, interest-only loan to tide-you-over.
To find out more about selling and buying again refer to our selling and buying section.
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The content on our site is for information only. You should obtain professional advice relevant to your circumstances. Our lending criteria, terms, conditions and fees apply to all loans. Contact us for more details.