Start with the whole journey
Start by deciding whether to sell first, buy first, or keep your current home and rent it out. Each path changes how much you need, the timing risk and the loan structure.
Sell first, buy first or keep your home?
Selling first gives you a known sale price, but you may need to rent between homes. Buying first can need bridging finance and carries the risk that your sale takes longer or brings in less than expected. Simultaneous settlement lines up both settlements on one day, which needs your contracts, lenders and solicitors coordinated. Keeping your current home means carrying two loans and the rental property costs.
Equity is your property value less what you owe. Most lenders let you borrow against it up to about 80% of the property value before lenders mortgage insurance (LMI) applies. What you can actually borrow is a separate approval based on your income, expenses and debts, so equity alone does not set your budget.

Renovating your home
Planning on renovating? These resources will help you to plan out your renovation and make sure you've got enough funds to get it done without the financial stress.

Finding the right home
Most people will tell you that property is all about location. But in reality, it is way more complex than that. These resources will help you to understand where to find the best properties, and how to do your step-by-step research online:

Buying a home
These resources cover all of the different aspects of buying a home:
- 22 Mistakes nearly all first home buyers make
- 5 Home buyer myths and mistakes revealed
- 16 hidden costs of buying a home in Brisbane
- Putting together your home buying team
- How to get the most out of your buyers agent
- How to buy a house (step by step case study)
- Negotiate the house price with a real estate agent
- Making an offer on a house below asking price
- What to do in a multiple offer situation
- 12 rules for buying at auction
- Signed a contract of sale on a home? 5 simple steps to settlement
- First home buyer stamp duty
Home loans explained
Fixed rates, LVR, LMI, offset or redraw - home loan terminology can be confusing. We cover everything you need to know in these resources below:

Applying for a home loan
When should you get a home loan? How does it work? And what happens if your loan gets declined? We help answer all of your questions (and many more) in the below:

Home loans for different types of employment
Your home loan options can vary based on your type of employment and profession. Check out these resources to find out more:
Bank home loan review
Do you have a particular bank in mind? Or maybe you're just curious? Check out our bank reviews below:

- State custodians home loan review
- Advantedge home loan review
- AMP home loan review
- ANZ pre approval - the definitive guide
- Ethical banks in Australia
- Gateway Credit Union Home Loan review
- Connective home loans review
- Suncorp home loan review
- ING home loan review
- BOQ Specialist home loan review
- ChoiceLend Home Loan review
- Bank of Queensland home loan review
- Virgin Money home loans
Questions and answers
Get an answer for your next move
How will you fund your next home? Share your income, current loan, equity and savings, and the team can show how you could fund the move, including whether you'd buy before you sell.
Book a free assessmentor call 1300 088 065
Hunter Galloway Finance Pty Ltd is Credit Representative 476903, authorised under Australian Credit Licence 389328.


