Sorting out your finances after a break-up can be a challenge. Our Newly Single Loan Package is a range of loan products designed to help you secure a home and achieve financial stability sooner.
If you’re staying in the family home
You can reduce your current repayments by refinancing your existing loan with our Breakthrough Loan
. It’s also a great opportunity to eliminate things like credit card debt by folding it into the new loan.
And if you’re an existing HomeStart customer, our Home Equity Loan
lets you use the equity in your home to help pay out the ex or take care of any legal fees.
If you’re ready to move on and are looking for a new home
We’re ready to help with low upfront costs, including deposits from as little as 3%, and our Loan Provision Charge, a cost effective alternative to Lenders’ Mortgage Insurance that could save you thousands.
If you’re on a limited income, you may be able to borrow up to $45,000 more without increasing your repayments through our Advantage Loan. Or, our Wyatt Loan could help cover start-up costs of up to $10,000 with no repayments or interest charged for 5 years.
Also, with a Breakthrough Loan you can borrow up to 30% more through a shared appreciation arrangement with HomeStart. To start your new life sooner, talk to us today.