Make your next move with the right home loan

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 your local Mortgage Choice team in Noarlunga.

We take the time and hassle out of shopping around for a home loan and guide you through the process to help you make better choices with your finances. We service all the Noarlunga, Christies Beach and surrounding southern suburbs but we are always happy to meet you anywhere that is most convenient.

As your local mortgage brokers, we pride ourselves on being your local home loan experts. We get to know your personal situation and then work with over 20 lenders, including the big four banks, to find the loan for your needs. We’ll manage your home loan from application to post-settlement, all at no cost to you.

With over 18 years of experience helping homeowners upgrade their family homes, you can depend on us to work hard to find you the best deal, and the right loan for your future financial goals.

What are my home loan options when buying my next home?

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.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 

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.

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.

Guide to upgrading your home

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. 

Download our Guide to Upgrading here.

Book an obligation free appointment today

The key thing is to book a time with me 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. 

Contact our team today on 8186 6662 or 0421 360 205 or send us an email at fiona.manley@mortgagechoice.com.au.