Next Home Loans.
Looking to buy your next home or renovate your dream one?
Make the move to your next home with a mortgage broker by your side.
Variable rate loan
As the name suggests, the interest rate can change over the life of the loan. This gives you flexibility, but can also leave you open to rate rises. These loans also offer the option of additional repayments and redraw, as well as offset accounts.
Fixed rate loan
Basically, this is the opposite of a variable rate loan. Your interest rate and repayments will stay the same during the fixed term, no matter what. So no surprises. You can’t make extra repayments during the fixed term though, so it’s worth thinking about a split loan if you’re planning to pay extra.
Split loan
The best of both worlds - you’re able to fix part of your loan, while leaving the rest variable.
Packaged loan
Professional packages offer discounts on standard variable and fixed rates, the waiving of fees, and in some cases, great deals on other products from the same lender. A packaged loan usually comes with one annual fee for the bundled products.
Bridging Loan
If you already own a property, this is a short-term loan that can help you finalise the purchase of your new property before you’ve sold your existing one.
Line of credit loan
This gives you flexibility and easy access to cash for renovating or investing. It lets you draw against the loan balance, up to a credit limit set by the lender.
Interest only loans
As the name suggests, you only pay the interest on the principal balance for a set term, with the principal balance unchanged.
Construction loan
If you want to build a home this is your loan. Most construction loans are interest only for the first year while the build is underway and interest is charged on the amount you draw down on from the loan for building repayments.
Loan types and features.
The next home loan process.
Say hello
It all starts with taking one minute to answer a few simple questions right here. Once you’re done, we’ll meet to discuss your goals, financial position and what approach you can take while moving homes, in person or online.
Your goals
Once we know what you need, we’ll research over 60 banks and lenders to find you a competitive rate. We’ll even provide a written recommendation on the loans that fit your needs, just for you.
The nitty gritty
Paperwork is our job. Once you’ve chosen the lender, we’ll work with them to package, sign and lodge documents to get you ready for pre-approval.
Formal approval
Moving is painful enough, so once you’re approved, we'll make the transition from your current loan to new loan as pain free as possible. A valuation will then take place on your new home, insurance details provided and a settlement day will be scheduled.
Settlement
In this final stage, we’ll coordinate the lead-up to settlement where the funds from your new home are used to pay off your current loan. We’ll liaise with your existing and new bank and if you’re borrowing any extra cash, it will be ready to go. A solicitor or conveyancer is still involved here to change the lender name on your paperwork.
Moving without the hassle
Thought of moving already stressing you out? Fear not. When the big day (or days!) come we can organise for a trusted team of experts to be at your side to take care of it for you. We also have partners who can help get your connections set up too, so you can sit back and take in the new view.
FAQs for next home loans.
What happens to my mortgage when I move house?
How does a bridging loan work?
What is the difference between a fixed rate vs a variable rate?
Calculators.
How much can I borrow?
Your borrowing power is a critical number to know because it helps you understand how much you can spend on a property Find out how much you can borrow now.
How much is Stamp Duty?
Find out how much budget you need to set aside to cover Stamp Duty costs and what the requirements are in your state or territory.
Compare repayments
The split loan calculator will determine your required repayments and how they compare for the variable term and fixed term of the loan.
Book your free consultation
Want to speak with someone right now Call 1300 760 688
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