Second Home Owners – Assured Homelones

Second Home Owner Loans

Whether you’re upgrading, downsizing, or moving to a new area, we’ll help you find the right loan solution for your next home purchase.

Whether you’re upgrading or downsizing, moving to a new area to be closer to work or just looking for a change, buying your next home is exciting for the whole family.

With access to over 30 lenders, we offer a wide range of home loan options to suit your needs. Our expert team will guide you through the process and help you choose the best solution for your situation.

Your Loan Options

Traditional Home Loan

Sell your existing home, pay out your current loan, and take out a new home loan for your next property. Perfect for a clean transition.

Portable Loan

Keep your existing loan and transfer it to your new property. This can save on fees and maintain your current loan features.

Bridging Finance

A short-term loan to help bridge the gap between buying your new home and selling your existing property.

Our Simple Process

1 Initial Assessment

We’ll review your current situation, discuss your goals, and explore the best loan options for your next home purchase.

2 Property Valuation

We’ll arrange valuations of both properties to determine your equity position and borrowing capacity.

3 Loan Structure

We’ll help you structure your loans to minimize costs and maximize benefits, whether through bridging finance or a traditional approach.

What You'll Need

To help make your application process smoother, here’s what you’ll need to provide:

Details of your current property and mortgage
Recent payslips or income documentation
Bank statements for all accounts
Information about the property you're planning to buy
Details of any other debts or financial commitments
Property sale agreement (if selling)

Frequently Asked Questions

What is bridging finance?

Bridging finance is a short-term loan that helps you buy your new home before selling your existing property. It’s typically for 6-12 months and can help avoid the stress of coordinating settlements.

Can I keep my current loan?

Some loans are portable, meaning you can transfer them to a new property. This can save on fees and maintain your current loan features. We’ll help you determine if this is the best option.

How much can I borrow?

Your borrowing capacity depends on various factors including your income, equity in your current property, and other financial commitments. We’ll help you calculate this accurately.

What costs are involved?

Costs may include stamp duty, legal fees, loan fees, and potential bridging loan interest. We’ll provide a detailed breakdown of all costs involved in your situation.

Ready to Make Your Move?

Let us help you find the right loan solution for your next home.