Your questions answered.
Moving home comes with plenty of questions. Here are some of the most common ones I help clients with.
Can I buy my next home before selling my current one?
Yes. Depending on your financial position, you may be able to purchase your next home before selling your existing property. We'll discuss whether a bridging loan or another finance strategy is the right fit for your circumstances.
How much can I borrow for my next home?
Your borrowing capacity depends on your income, expenses, existing debts and the equity in your current home. I'll assess your situation and provide a clear understanding of your borrowing power before you start your property search.
Can I use the equity in my current home?
In many cases, yes. If you've built up equity in your current property, it may be possible to use some of that equity towards the purchase of your next home, reducing the amount of cash you need upfront.
Should I keep my current home as an investment?
Many homeowners choose to retain their existing property and turn it into an investment. I'll help you understand whether this option is financially suitable for your circumstances and long-term goals.
How long does the home loan approval process take?
Timeframes vary between lenders, but I'll manage the process from application through to formal approval and keep you updated every step of the way.
Disclaimer Statement
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.