Multi-Choice Home Loans : Purchasing your Second Home
So, it's time to upgrade that first home to something more suitable for a growing family! Sounds familiar, yet still it's a daunting task for anyone considering all the variables in the equation. As well as the timing of your move, you will also need to answer some of the following questions before you will have any confidence to tackle such a major change. Brisbane based Multi-Choice Home loans have compiled a list of considerations to help you with your second home loan decision.
| 1. |
How will you afford the possible overlap of having to support two mortgages? |
| 2. |
When should you put the existing home on the market? |
| 3. |
At what point is it feasible to sign a purchase contract on the new home? |
| 4. |
Will you have to repay the existing mortgage first before the banks will consider
extending your loan sufficiently to cover the cost of the new home? |
| 5. |
What is the best way to fund the deposit on the new purchase property? |
| 6. |
Is it possible and feasible to keep the existing home as an investment? |
| 7. |
Is it possible to consolidate car loans, personal loans and credit cards at the same time? |
Why not simplify the process and let us help you with the answers to secure that new home. At Brisbane based Multi-Choice Home Loans we specialise in helping people get to where they want to go. We also specialise in over 30 of Australia's leading lenders, so if it is quick answers you need, simply call one of our friendly home loan consultants in Brisbane today for a no obligation fee free visit on 1300 36 36 99 or simply email us now and we will contact you and offer you help over the phone. |
