Help guide
Loan portability when you sell and buy
Move a loan to a new security without full discharge—conceptual outline, valuation, simultaneous settlement and fee notes — lender-specific.
Portability basics
You may avoid break costs on fixed loans if the lender permits porting within timelines and LVR bands—new security must qualify.
Simultaneous settlement coordination is operational heavy—broker + conveyancer choreography.
Not automatic
Policy caps, postcode restrictions, loan age, and PI tests can disqualify portability—always have Plan B refinancing.
Porting still reruns underwriting—do not anchor on vibes until unconditionally approved against the substitute security.