Upgrading Loan
Onwards and upwards Are you an upgrader?
Are you wanting to upgrade to a new, bigger and better home? Or are you looking to top up your home loan for some extra money? Increasing your home loan for additional finance usually costs less than other types of loans because the interest rates of mortgages are lower than personal loans and credit cards. Upgrading your first home buyers loan to improve your property also has financial benefits because you’re increasing the value of your investment. Speak to our specialists – we help upgraders get right up there.
No Additional Security
No requirement for businesses to provide additional security.
Long Term (5-10 Year), Fixed Rate Finance
Fixed, lower repayments and potential for neutral/positive cash flow. The operating savings from upgrades can help to repay the finance, further improving cash flow.
No Deposit Required
100% project finance available including soft costs with no impact on capital budgets.
Ability to Share Costs and Benefits With Tenants
A tenant contribution to the costs of repayments may be possible. Tenants can also request upgrades, contributing to the repayments.
Option to Transfer on Sale
Finance is attached to the land. If the land is sold, the remaining finance may be transferred to the new owners or discharged on settlement.
Competitive Fixed Rates
Competitive interest rates, fixed for the full term of finance.