Make the next move.
Understand your equity, timing and borrowing position before making the move from one home to the next.
Contact UsStart with the move.
Your next home may involve selling first, buying first, keeping your current property, using existing equity or managing two settlements close together. Pinnacle Mortgages can map out the lending position before you commit so you understand the options and the conditions that may apply.
Rather than starting with a particular bank or product, Pinnacle Mortgages looks at what you are trying to achieve, the strength of your application and which lending pathways may suit your circumstances.
Map it out.
Know your purchasing position
We review your current mortgage, estimated equity, income and commitments to understand what the next purchase may look like.
Sale and purchase timing
We can explain lending considerations where your existing home and next purchase settle at different times.
Using existing equity
Where appropriate, equity in your current property may form part of the funding for your next purchase.
Keeping your current home
If you are considering retaining the existing property as an investment, we can assess the lending implications of that strategy.
Bridging scenarios
Where there is a genuine timing gap, we can discuss whether bridging or another short-term structure may be relevant.
Structure the new lending
We help consider how the new home loan should be structured around repayments, flexibility and your future plans.
From sale to settlement.
Understand the plan
We establish whether you are selling, keeping or still deciding what to do with your current home.
Assess equity and borrowing
We review your estimated equity and servicing position.
Map the timing
We consider the likely sale, purchase and settlement sequence.
Arrange lending
We approach a suitable provider and work through the required conditions.
Move and settle
We help coordinate the finance through to settlement.
Structure matters.
- Estimated value and mortgage balance on your current home
- Whether the current property will be sold or retained
- Deposit and equity available for the next purchase
- Timing of sale and purchase agreements
- Potential bridging or temporary lending requirements
- The repayment structure you want after the move
Lending criteria vary between providers and can change. Pinnacle Mortgages will explain the considerations relevant to your circumstances.