Have you found your dream home but feel you can't buy it because you're waiting to sell your existing property?
A Family First Bridging Home Loan gives you the funds to buy your new home whilst you await the sale of your existing property.
Buy the home you want, when you want it.
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Interest-only repayments during the bridging loan period |
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Borrow at our standard Variable Home Home Loan interest rate - not an inflated ‘bridging rate’ |
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Borrow up to 80% of the property's final value (Conditions Apply) |
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Convert to a Family First Variable Home Loan after the bridging period |
| Variable interest rate | View our interest rates |
| Minimum amount | $20,000 |
| Maximum amount |
80% of the property's final value |
| Loan period | 1 Year then reverts to Principle and Interest |
| Repayments | Monthly / Fortnightly / Weekly |
| Interest charges | Calculated daily, charged monthly |
| Third Party Legals & Valuation Fees | At cost $1040 (approx) |
| Variable and lump sum repayments | No |
| Early repayment without penalty | Fee applies only if repaid within 4 years |
| Redraw facility | No |
| Property valuations available | Yes |
| Monthly account keeping/service fees | No |
| Loan Repayment Insurance available | Yes |
| Auto repayments (salary/account) | Yes |
| Loan establishment fee | N/A |