Loan portability

Portability allows you to transfer your current loan from your old property to your new one, thereby avoiding many of the setup and ongoing costs associated with a new loan.


A lot of people don't stay in the same home for the whole 25 or 30 years they've got their home loan for. Many home loans these days have a loan portability feature in part or total, but it's not offered by all lenders so it's important to check with your mortgage adviser. Because it's the same loan, you'll not have to pay exit and entry fees.

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