Portable Home Loans
When you move house, you can now take your mortgage with you. A Portable Home
Loan provides you with both convenience and savings.
Convenience: Your BSB and Accounts numbers stay the same, so
you don't have to re-arrange all your direct debits, automatic payments etc.
This avoids any interruptions to your bill payments.
Savings: By having a Portable home loan, you eliminate mortgage
exit fees, including Deferred Establishment Fees (DEF), and loan stamp duty,
saving you thousands of dollars.
Mortgage documentation, legal fees and
valuation charges still apply. Transfers are subject to insurance ad lender's
approval.
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