Next Home Loans

Ready for your next property adventure? Whether you're upgrading to a larger home, downsizing for a simpler lifestyle, or investing in the property market, Ferns Finance is here to make your next home loan journey seamless.

Your next home loan, upgrading, downsizing & investing

Your property journey rarely ends with your first home. As life changes, your housing needs evolve, and so do your opportunities for wealth creation. At Ferns Finance, we specialise in making these transitions smooth and stress-free for clients throughout Beenleigh, Logan, Scenic Rim, and the Gold Coast.

Upgrading Your Home: Is your family growing, or do you simply need more space? We can help you navigate the process of selling your current home and securing finance for a larger property. We'll work to minimise the overlap and ensure a comfortable transition.

Downsizing for a Simpler Lifestyle: Perhaps the kids have moved out, or you're looking for less maintenance and more freedom. We'll assist you in finding a suitable loan for a smaller, more manageable home, potentially freeing up equity for your retirement or other pursuits.

Investing in Property: Ready to expand your portfolio? Whether it's your second property or tenth, we understand the intricacies of investment loans. We'll help you structure your finance strategically to maximise returns and meet your long-term investment goals.

Your Next Home Loan Journey, Simplified

From bridging loans to general moving tips, here's a breakdown of how we'll help you buy your next home with ease.

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1

Let's Kick Things Off!

‍It all starts with a quick, one-minute chat! We'll ask a few simple questions to understand your goals, your current financial position, and what a smooth move looks like for you. We can discuss this in person or online.

2

Finding Your Competitive Rate

‍Once we understand your needs, we'll research over 60 banks and lenders to find you the most competitive rate for your next home loan. We'll even provide a written recommendation on the loans that fit your needs perfectly.

3

The Nitty Gritty: Getting Ready for Approval

‍Paperwork is our specialty! Once you've chosen a lender, we'll work with them to package, sign, and lodge all your documents, getting you primed and ready for that all-important pre-approval.

4

Formal Approval: Smooth Transition Ahead

‍Moving can be stressful enough, so once you're approved, we'll make the transition from your current loan to your new loan as pain-free as possible. A valuation will then take place on your new home, insurance details provided, and a settlement day will be scheduled.

5

Settlement: The Final Steps

‍In this crucial final stage, we'll coordinate the lead-up to settlement where the funds from your new home are used to pay off your current loan. We'll liaise with your bank and new lender if you're borrowing any extra cash. It will be ready to go. A solicitor or conveyancer is still involved here to change the lender name on your paperwork.

6

Moving Without the Hassle

‍Thoughts of moving already stressing you out? Fear not! When the big day (or days!) come, we can organise for a trusted team of experts to be at your side to take care of it for you. We also have partners who can help get your connections set up too, so you can sit back and take in the new view. Find out more about our partners.

Explore your loan options & their features.

There are a number of loan types and features that you might want to consider for your new home loan, scroll through some of the options below to get a better understanding of what the differences are. We’re here to answer your questions when you’re ready.

Variable rate loan

As the name suggests, the interest rate can change over the life of the loan. This gives you flexibility, but can also leave you open to rate rises. These loans offer more flexible features like unlimited additional repayments, redraw, and offset accounts.

Fixed rate loan

Basically, this is the opposite of a variable rate loan. Your interest rate and repayments will stay the same during the fixed term, no matter what. So no surprises.

Split Loan

You’re able to fix part of your loan, while leaving the rest variable.

Packaged Loan

Professional packages offer discounts on standard variable and fixed rates, the waiving of fees, and in some cases, great deals on other products from the same lender. A packaged loan usually comes with one annual fee for the bundled products.

Bridging Loan

If you already own a property, this is a short-term loan that can help you finalise the purchase of your new property before you’ve sold your existing one.

Line of Credit Loans

This gives you flexibility and easy access to cash for renovating or investing. It lets you draw against the loan balance, up to a credit limit set by the lender.

Interest Only Loans

As the name suggests, you only pay the interest on the principal balance for a set term, with the principal balance unchanged.

Construction Loans

If you want to build a home this is your loan. Most construction loans are interest only for the first year while the build is underway and interest is charged on the amount you draw down on from the loan for building repayments.

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Helpful calculators.

Explore your financial possibilities and understand potential costs with these handy calculators.

Borrowing Calculator

Use the calculator to find out how much you could borrow.

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Budget Planner Calculator

Use this budget planner to help understand your income and expenses, and where you could make savings.

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Extra Mortgage Repayments Calculator

You could potentially save thousands of dollars and take years off your loan by making extra repayments. Let’s run the numbers.

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Honeymoon Rate Loan Calculator

A honeymoon loan can help reduce your monthly repayments for a set term. Use this calculator to compare what your repayments would be compared to a variable loan.

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Income Tax Calculator

The income tax calculator can be used to calculate your net income.

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Loan Repayment Calculator

Use this repayment calculator to understand how much your loan repayments might be.

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Lump Sum Repayment Calculator

This home loan repayment calculator helps you calculate the savings benefits of making additional lump sum repayments on your home loan.

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Mortgage Offset Calculator

Use the calculator to see how quickly you could pay off your loan with an offset account.

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Savings Planner Calculator

Use the calculator to find out how much you could save.

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Stamp Duty Calculator

Find out how much budget you need to set aside to cover Stamp Duty costs and what the requirements are in your state or territory.

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Frequently asked questions.

View our full FAQs
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Can a finance broker help with bad credit?

Yes, finance brokers can assist clients with bad credit. They have access to lenders who specialize in offering loans to individuals with less-than-perfect credit histories. Brokers can help you understand your options and find a lender willing to work with your situation.

While securing a loan with bad credit may come with higher interest rates, a broker can help you navigate these challenges and find the best possible terms.

Can you help me refinance my current mortgage to a better deal?

Absolutely. We offer free assessments to compare your current rate with what’s available — and if there’s a better option, we’ll make it easy to switch.

Can you help with high-rise apartments or off-the-plan purchases?

Absolutely. We’re experienced in helping clients buy off-the-plan in towers across the Gold Coast & Brisbane. We know which lenders accept these properties and under what terms. We can also help you with deposit bonds for off-the-plan purchases.

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Do I have to come into an office to apply?

Not at all! We offer phone, video, and online appointments — perfect if you're in a rural spot or juggling a busy schedule.

Do I need a finance broker?

Whether you need a finance broker depends on your financial situation and comfort level with the borrowing process. If you have a good understanding of financial products and feel confident negotiating with lenders, you may not need a broker. However, if you're unfamiliar with the process or have specific needs, a broker can provide valuable assistance.

Ultimately, the decision should be based on your individual circumstances and preferences.

Do lenders treat short-term Airbnb properties on the Gold Coast differently?

Yes — some lenders may not count Airbnb income unless it’s long-standing. We’ll match you with lenders who are flexible with holiday rental properties.

Talk to us today about your options.

Talk to us today about your options. Whether you're in Beenleigh, Logan, Scenic Rim, or on the Gold Coast, Gwen @ Ferns Finance is ready to provide expert, straightforward advice.

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