Buying a home may not seem any easier the second time around, but it can be.
Let Pride Mortgage Services guide you through the best ways to organise and structure your move. By coming to see us BEFORE you sign a contract, we can show you the best way to get out of your old home and into your new one by making home loans work for you.
Did you know…
that there is bridging finance available to cover the mortgage on two properties? So if your dream home is on the market before you’ve sold your old home you may be able to buy it now without accepting a lower price for your property, or risk losing the home you want whilst you sell the home you’re in. There are hundreds of different lending products and no two are the same, so if you think you could be buying another home – with or without selling your current home – give us a call and let us find a loan structure that will help it happen.
Construction or Investment Loan
If you’re looking to trade up and are finally in a position to build your dream home, come see us first so we can structure a loan to leave you comfortable during the building process. Or perhaps we can advise you on how to keep your old home and use it as an investment property. There are tax breaks, property appreciation and, of course, rental income to consider, and these may make your first step into investment easier than you think.
Equity is the value in your home that is free from your mortgage. For example, if your home is worth $400,000 and your mortgage is only $160,000: you have $240,000 in equity!
Equity is a non-liquid asset, which you can have access to, that you could potentially be using to buy an investment property and taking your first step into creating a property portfolio that could be grown into financial freedom for yourself and your family. For more information see our Investment section or pick up the phone and talk to us one-on-one about it.
Are you ready to move up?
Has your income grown? Have you grown your equity? Do you just need a bigger home for a growing family? To find out what your borrowing capacity may be, to discuss your current financial situation and get a professional opinion on whether you’ll be able to put your plan into action or to just make a plan,
CALL US NOW on 02 4777 5536
Pride Mortgage Services specialises in the following: Refinancing, Debt Consolidation, Home loans, First Home Buyers, Investing, home loan, credit loans, bank loans, cash loans, mortgage loan, loans interest, First Home Grant, first home owners, first home owners grant, home buyers grant, home buyers, first home buyers grant, finance, lenders, mortgage, mortgages, loans, loan, refinance and more.