NEXT HOME BUYER

Because buying should be easier the second time around

Get started now

Upsizing, downsizing, or relocating, our brokers can help you move sooner

Buying your next home can be both exciting and daunting. It requires a little extra creative thinking; assessing your current financial investments and looking at your personal circumstances.
That’s why we’ve formed a team of industry-leading brokers who will tailor a customised financial solution for you. Your specialist broker will navigate the loan market to determine the best borrowing or refinancing options for your purchase, and craft a solution to help you secure your new property faster.

Understanding the lending process

A dedicated mortgage broker will be with you throughout the entire house buying journey to offer you personalised service and support.
  1. Determine your borrowing power
    We help you determine your borrowing capacity so you know what you can afford
  2. Compare finance products
    We have access to multiple lenders, to find the best possible options for you to choose from. We’ll compare all available products and explain the differences and benefits
  3. Loan application process
    Once you’ve picked the right finance option for you, we will then assist you with your loan application process. We know what it takes to submit a successful loan application
  4. Pre-Approval and house hunting
    Once you receive the necessary pre-approval you can go house hunting and bid or buy with confidence. We’ll be there to answer your questions along the way
  5. Making an offer
    You’ve found the house you love and you’re ready to make an offer. Your mortgage broker will submit a formal loan approval and in most instances, the lenders will have 14 days to review and have it formally approved. We’re also here to help with other services like insurance.
  6. You get the keys
    Settlement day – You’re officially a homeowner!

Access to 30+ lenders

We provide high quality advice and offer access to loans from a wide range of lenders. We compare 30+ lenders to find the great rates that are most suitable for you.

Calculators

Our calculators help you work out how much you can borrow, as well as what your likely repayments will be.

Borrowing Power Calculator
Discover how much you can afford to borrow with our simple, effective borrowing power calculator.
How much can I borrow?
Stamp Duty Calculator
Stamp duty can be the biggest upfront cost when it comes to buying property. Understand how much you will need to pay so you avoid nasty surprises and make the right decision.
Calculate my stamp duty
Mortgage Repayment Calculator
Learn how much your ongoing home loan repayments will be based on the amount you’re borrowing and your interest rate.
Calculate my repayments

We find the right solution for your financial needs

Our qualified mortgage brokers will navigate you through today’s changing landscape and recommend a competitive financial solution to best suit your individual needs.
We’re here for you
No hidden fees. We work for you, not the lender.
Make the best choice
We do the leg work to find the best possible options for you to choose from.
Expert Support
Our Mortgage Brokers will discuss your financial goals and provide expert advice to help you make informed decisions.
Convenience
Our online platform means you can access and approve your loan documents anywhere, anytime.

Speak to a mortgage broker

Talk to one of our available mortgage brokers or book a time that suits you. We offer virtual, phone and in person appointments.

Get started now

Looking for answers? We’ve got one for you

How much deposit do I need for a second property?

When it comes to buying your next home in Australia, it’s a good idea to have a deposit around about 20% of the total purchase price. While this may sound like a lot of money, you may be able to use any equity that has built up in your current home as a form of deposit, rather than having to save up the total amount in cash. Coronis’s skilled brokers have extensive knowledge of property investments in Australia, and they will use their financial acumen in assessing your personal financial circumstances and leverage you the best loan or refinancing options for your new property.

What is equity, and how can I use it to buy another property?

Equity is the difference between what you currently owe on your mortgage and your current property valuation. For example, if you owe $250,000 on your mortgage, but your property is valued at $485,000, then you have $235,000 of usable equity. However, you may need to have the property valued by a professional in order to gain an accurate assessment and to gauge how much you can access, because most banks will only allow you to borrow up to 80% of the property’s value. Try our equity calculator, or contact the specialist brokers at Coronis who will be able to assess your equity to determine how to use this valuable financial tool to help secure the next home in your growing portfolio.

How much can I borrow when buying my next home?

Just like when you were a first home buyer, the amount of money you can borrow will depend on a range of factors including the size of your deposit, your income, and your personal debt levels. Because they’re among the best mortgage brokers in Australia, your specialist broker at Coronis will accurately assess your borrowing potential and explore finance options before helping you to settle on the option that best suits your needs. For a basic assessment of what you might be able to borrow, you can also use our free online calculators.

Should I get a bridging loan?

If you’re planning to buy your next home, and you’re planning to sell your current home but haven’t yet, a bridging loan may be a suitable short-term solution. A bridging loan acts as a ‘bridge’, covering the cost of your second mortgage while you’ve got your first property for sale. Most bridging loans offer interest-only repayments, which makes it easier to briefly juggle the cost of two home loans, but this does depend on the lender. As an expert on property investment in Australia, your specialist broker at Coronis will be able to tell you more about bridging loans, and whether this is the best finance solution for your circumstances.

If you’re looking for an experienced refinance mortgage broker in Australia, you’ll find the specialist you need at Coronis. Feel free to download any of our helpful guides or use our refinance calculator, or contact us anytime and we’ll be happy to help.

CORONIS FINANCE
What matters to you inspires what we do.
Watch

Latest Insights