There can be a whole range of reasons to downsize your home and looking for a Bridging Loan. Perhaps you’re looking to retire and release some additional living funds. Or maybe you’re looking to live somewhere that needs less maintenance or upkeep.
Perhaps you need quick access to your equity for health or medical reasons or maybe you’re planning the trip of a lifetime.
Whatever the reason, our team of expert Local mortgage brokers can help. Experienced in understanding the many different factors at play when downsizing your home, our team will work to find you the best and most suitable Bridging Loan for your individual circumstances.
To understand what’s possible, we need to know exactly where you’re at. We’ll work with you to get a clear idea of your situation – your motivations for downsizing, your income, employment status, existing assets, debts, savings…the lot. Downsizing loans are typically temporary bridging loans lasting 6 – 12 months. They’re designed to allow you to settle on the purchase of your new home, before moving out of your existing home.
It can bring peace of mind and minimal disruption at a time of significant change. Bridging loans can also be secured to finance home renovations before selling.
As part of a bridging loan, we will map out what the next steps look like…and how and when you pay off the residual loan amount when you’re settled into your new home. We’ll work with you to ensure the finances involved in downsizing your home run as seamlessly as possible.
We understand that downsizing your home is a big life milestone. It’s often part of a larger life change like retirement or a shift in family life or personal health. Our team of mortgage and finance brokers are here to help you understand all of your options and the implications of each Bridging Loan, not only on your day-to-day but your bigger picture too. Whether you want an exit strategy to pay off your mortgage completely or simply reduce it, we’ll work with you to ensure your next chapter looks exactly how you want it to.
There’s no better time to start planning your future. Reach out today for a chat with the Crunch team.
Crunch Finance is your one stop shop to manage all your finances, Offering the best rates on the market for every budget and situation. Our steps to a better business loans are simple…
We’ll ask you to complete our Personal Discovery form to ensure we are capturing the right information. We then get to work and start searching the market.
We’ll take you through the best financial solutions that we found for you. We’ll show you exactly what this means to you in terms of savings and repayments.
If you want to proceed with one of the loans, our team of loan processors will get the paperwork underway. Stat. And if you need more time, that’s ok too.
Main Office
Bangalow Business Hub
94 Byron St, Bangalow
NSW 2479
Byron Bay Mortgage Broker
15/4 Banksia Drive
Byron Bay
NSW 2481
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Crunch Finance is your one stop shop to manage all your Business Loans and Business Finance. Finding you the best rates on the market.
Crunch Finance is your one stop shop to manage all your home Personal Loans & Finance. Finding you the best rates on the market.
Crunch Finance is your one stop shop to manage all your Home Loans, Mortgages & Home Finances. Finding you the best rates on the market.