How can we help?

What can I use my advance for? Do I have to buy another home with it?

If you draw down the advance, you first have to pay off the outstanding balance of your existing mortgage. You can then use the remaining portion of the advance to purchase your new home. At this time the advance can't be used for a purpose other than buying a property.

Was this article helpful?

Can’t find the answers you’re looking for?

Our customer care team is here for you.

Contact Support