Caleb Swartz

Are you ready to upgrade to your next home?

Just because you've been there before, it doesn't make moving house any easier the next time around. Make your next move hassle-free with support from your local Norwood and Campbelltown Mortgage Choice broker.

What are my home loan options?

Moving would be so easy if we sold our current home at the same time as buying a new one. But things don’t always work out that way. In fact, there can be a whole range of reasons why you buy a new property before selling your current home.

Your home may take a little longer to sell than expected, or you could come across your ideal property before even placing your present home on the market.

If you do opt to buy before selling, it’s good to know there are finance options available to secure your new home while still managing the mortgage on your current property.

How your local Norwood and Campbelltown mortgage broker can help…

We get to know your personal situation and then we work with over 20 lenders, including the big four banks, to find the loan for you. We’ll manage your home loan from application to post-settlement, all at no cost to you.

As your local Norwood and Campelltown home loan expert, you can depend on us to work hard to find you the best deal. We've helped hundreds of local Adelaide north eastern residents over the years. We can look at all the finance options available to you and help your select the best option. Our friendly team to help make your dreams come true.

"Caleb is outstanding. He regularly went above and beyond my expected level of service - incredibly happy with the experience, and as a result will not hesitate to recommend him to others."

J Aistrope, Walkerville, SA

What are my options for upgrading?

Upgrading simply means selling your current home and purchasing one that's a little further up the property ladder. There can be a raft of good reasons for upgrading. As the kids get bigger you may need more space. You may be hoping to secure a better location. You may be keen to trade up from an apartment to a house. Or you may be relocating for work purposes.

Whatever your reason for upgrading, it’s important to think through the financial aspects. You have probably built up sufficient home equity to be able to afford an upgrade but you should also consider how you'll fund the move.

Refinancing is an option

The process of upgrading can be an opportunity to refinance your home loan. This involves taking out a new loan to pay off your current mortgage. Refinancing can also give you access to improved loan features or a more competitive interest rate.

Or you could take advantage of loan portability

Alternatively, your existing home loan may offer a feature known as 'portability'. This means you can take the same loan with you when you move from one property to another. If you’re happy with your current loan this option can provide savings on the costs that may apply to refinancing. It can also be very convenient as you're dealing with the same lender and retain the same account number.

Next home buyer guide now available!

You've built up enough equity to play with and you're wondering which direction you should take. We’ve put together a guide explores the pros and cons of upgrading. Click here to download.

We’re here to help!

The key thing is to speak with your local XXX Mortgage Choice broker to talk through the available options for funding your upgrade or your next move. This will let you know just how you stand in terms of borrowing options, leaving you free to focus on selling your current home and choosing your next property.