Next Home Mortgage

Are you upgrading or downsizing your home?   Do you need to relocate because of the children’s schooling, or your job?  Are you simply looking for a change?

There are three main ways to purchase your next home. The most common way is to get a traditional home loan by selling your current home and paying out the existing loan then purchasing the new home and obtaining a new home loan.  You can also look at keeping your existing mortgage if it’s portable, or refinancing to a Home Loan that is portable, or you can get a bridging loan.

Over time, the home loan market changes as competition for your business increases. New Features and ways to save money are introduced to help the lenders win your business.  UniQ Finance understands all of the options available to you in the current market.

Bridging Loan

A Bridging Loan is available to borrowers who wish to purchase a new home now and sell your current home later.These loans are especially helpful to ‘bridge’ the gap between the sale of one property and the purchase of another.

Standard Variable Home Loan

This is the most popular home loan in Australia. The interest rate on these loans vary at anytime depending on the market forces.

Basic Variable Home Loan

Basic variable rate loans are sometimes referred to as the ‘no frills’ alternative to the standard variable rate loans.

Fixed Rate Home Loan

Fixed rate loans are funds lent over a set term at a set interest rate. This gives the borrower the certainty of knowing exactly what their monthly repayments will be should their circumstances change.

Redraw Facility

When a borrower pays extra or additional repayment on their home loan they have the ability to redraw or withdraw the extra repayments that they are in advance.

Split Loans

A split loan is ideal for a borrower who wishes to have two loan products rather than one.

Line of Credit

A Line of Credit provides a borrower with access to the equity in their home or investment properties whenever they wish for any worthwhile purpose.