What is Loan Portability?
Loan portability lets you keep your existing home loan — with its rate, features and remaining term — when you sell one property and buy another. The lender substitutes the security without requiring a new loan application.
Why it matters for you
Saves on discharge fees, establishment fees, LMI recalc, and application admin. Particularly valuable if you're on a favourable fixed rate you don't want to break. Not every loan offers portability, and conditions apply (purchase usually within a set timeframe of sale).
Last updated: April 2026