Secure the right home
Buy in your new area when the right property appears, not when your sale settles.
RELOCATION LOANS
Relocation loans for a smooth move.
New city, new job, new home?
Let’s get the finance moving.
Relocating for work, study or family is exciting, but the finance can get complicated fast, especially if you’re buying before you sell. We compare bridging, portable and new loan options across our lender panel, so you can focus on settling in. Personal guidance from Ausfirst Lending Group’s mortgage brokers in Brisbane and on the Sunshine Coast.
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Settle in, not stress out.Let’s plan your move together.
MOVEon your
timeline.
timeline.
40+Lenders on our panel
30+ yearsRichard’s broking experience
$0Broker fee for home loans
Local careBrisbane & Sunshine Coast
WHAT IS A RELOCATION LOAN?
Buy your next home
before you sell.
A relocation loan is short-term finance that uses equity in your current home to buy the next one. Your existing loan and new purchase combine into “peak debt” until your sale settles, then the proceeds reduce the balance.
Skip temporary housing
No short-term rental or moving twice while you wait for settlement dates to line up.
No rushed sale
Sell your current home for the right price instead of accepting the first offer.
Moving for a new job? Talk to us before you resign. A change of employer can affect what lenders will approve.
Start with a free chatTYPES OF RELOCATION FINANCE
Four ways to finance
your move.
The right approach depends on your equity, your timing and whether your current loan can come with you.
Bridging loan
Combine your current mortgage with the new purchase so you can buy first and sell in your own time.
Portable loan
Move your existing loan to the new property and keep its rate and structure, if your lender and timing allow.
Variable rate
Rates move with the market, often with offset and extra repayment flexibility for the move.
Fixed rate
Set repayments for an agreed period, giving certainty while many other things are changing.
A QUICK COMPARISON
Sell first, port or bridge?
| What you compare | Sell first | Port | Bridge |
|---|---|---|---|
| Buy before selling | No | Usually not | Yes |
| Keep your loan | Optional | Yes | Optional |
| Temporary housing | Often | Rarely | No |
| Main cost | Rent, moving twice | Timing limits | Bridging interest |
Portability usually requires the same lender and settlements close together. Conditions vary by lender.
Compare my optionsKNOW YOUR NUMBERS
Bridge the gap,
or rent in between?
If you sell first, you may need to rent in your new area and move twice. If you buy first, you pay bridging interest on the extra borrowing until your sale settles.
We compare both paths, including living costs in your new area, before you decide.
- Equity in your current home
- Rent and moving costs in between
- Bridging interest for the gap
- A realistic time to sell
YOUR MOVE, AT A GLANCE
Which costs less while you wait?
$50k$2m
Illustrative differenceRenting costs $4,757 less
Bridging interest$13,207
Rent while you wait$8,450
Illustration only. Bridging interest is capitalised monthly. Rent assumes 13 weeks per quarter. Excludes the cost of moving twice, storage, fees and the value of buying the right home sooner.
Check my actual optionsMOVING TO A NEW AREA
Plan for the move,
not just the loan.
A relocation changes more than your address. Your job, living costs and the local property market can all shift, and lenders look at each.
BUDGET FOR YOUR NEW LIFE
Factor in costs where you’re going.
Living costs, transport and school fees can differ in your new area. We factor them into your borrowing, so the loan suits life after the move, not just the purchase.
We also look at a realistic sale price and timeframe for your current home, so the numbers hold up.
New employer, new rules
Some lenders want you past probation before they approve a loan; others accept a signed contract. Timing your application around a job change can make a big difference.
Pre-approval first
Conditional pre-approval helps you bid with confidence in a market you don’t know yet. Allow time for inspections and valuations if you’re buying remotely.
Lender policies on probation, bridging and portability vary and can change. Approval is subject to lender assessment.
Let’s map out your move. We’ll compare bridging, porting and selling first against your timeline.
Check my next stepsREQUIREMENTS FOR A RELOCATION LOAN
What lenders typically
look for.
Have income statements, asset details and your sale listing or contract ready to speed things up.
Adequate equity
Often around 50% in your current home to secure the loan.
An active sale plan
Your home listed for sale, or an unconditional contract in place.
Financial stability
Proof you can manage repayments until your home sells.
Repayment strategy
A clear plan if your home takes longer to sell than expected.
AFTER THE MOVE
Set up your new loan
for the long run.
Once your sale settles, what remains becomes a standard home loan. We help you choose features that suit your new life.
Variable rate
Extra repayments and redraw as you settle in.
Fixed rate
Steady repayments while new costs bed down.
Split loan
Fix part and keep the rest variable.
Offset account
Reduce interest while keeping savings accessible.
Keeping your old home as a rental instead of selling? We’ll look at investment loan options.
Explore investment loansSTEP BY STEP
From equity check
to your new front door.
We guide you through each stage and coordinate both transactions, so you’re not left juggling dates.
EQUITY CHECK
Assess your current home
We estimate the equity in your existing home and what it can support.
CHOOSE
Pick the right loan type
Bridging, porting or a new loan, with a fixed, variable or split rate.
PRE-APPROVAL
Shop with confidence
Conditional pre-approval so you can buy in your new area knowing your limit.
APPLY
Lodge your application
We prepare your documents and liaise with the lender on both valuations.
SETTLE
Move into your new home
We coordinate settlement on your purchase and keep you informed.
FINALISE
Sell and set up your end loan
Your sale proceeds reduce the peak debt, and your new loan settles into place.
Richard LukeFounder · Ausfirst Lending Group
WHY CHOOSE AUSFIRST LENDING GROUP
Your move is personal.
Your broker should be, too.
You’re looked after by someone who treats your financial success as his own.
Richard brings more than 30 years of hands-on broking experience. He takes the time to understand your move, your timeline and your plans before comparing relocation options from our panel.
Whether you’re moving for a career, study or family, you get clear advice, regular updates and the same team through both transactions.
Personal attentionBoth settlements coordinated2024 Sunshine Coast Business Awards finalist
Talk to a broker
More about RichardWHAT OUR CLIENTS SAY
Good people.
Great support.
ExcellentBased on 35 Google reviews
Google review
“I would describe Richard and Ausfirst Lending as friendly, insightful, prompt and diligent. A pleasure to deal with.”
Google review
“Debbie made the process of buying a new house frictionless, by providing excellent support throughout”
Google review
“I received very prompt responses to all of my questions and the team ensured that my application was processed in a timely manner. The service was brilliant!”
Excerpts from client reviews displayed on Ausfirst’s website. These reflect individual experiences.
LET’S CLEAR THINGS UP
Relocation loans.
Real questions.
The questions we’re asked most about financing a move. Your circumstances matter, so we’re happy to talk through the detail.
Ask about my moveWhat is a relocation loan?
Short-term finance that lets you buy your next home before selling your current one. It uses your existing equity, and your sale proceeds reduce the combined debt once it settles.
Is a relocation loan the same as a bridging loan?
Often, yes. A bridging loan is the most common form of relocation finance. Relocation planning can also include porting your loan or selling first, depending on your situation.
Can I take my current loan to my new home?
If your loan is portable, possibly. Portability usually means staying with the same lender and settling both properties at around the same time. Conditions vary, so we check your loan’s terms.
Can I get a loan if I’m starting a new job?
Some lenders want you to finish probation first; others accept a signed employment contract, especially in the same industry. Talk to us before you change jobs so we can plan the timing.
How much equity do I need?
For bridging finance, lenders often look for around 50% equity in your current home. Requirements vary by lender and your overall position.
What if my home doesn’t sell in time?
You may be able to extend the bridging period, though it isn’t guaranteed, or you may need to adjust your price. That’s why we build a backup plan into your application.
LET’S DISCUSS YOUR RELOCATION
Your move starts
with a plan.
Tell us where you’re moving, when and what you’re selling. We’ll compare your options and map out the finance for both transactions.
Equity check on your current home
Bridging, porting and selling first compared
Ask for our free Relocation Buyers Guide
Visit us in Caloundra
Suite 3/74 Bulcock St, Caloundra QLD 4551
Monday–Friday, 9 am–5 pm
YOUR FREE RELOCATION CHAT
Tell us about your move.
Send our team a little about your plans.
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