Line of Credit Loan
A line of credit offers you easy access to funds up to an approved credit limit (secured against the value of your property). This means you can feel secure knowing your funds are available when you need them. Ideal for investors, the Line of credit option will suit borrowers who want a home loan that offers greater choice.
Features at a glance
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Easy access to funds
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Interest rates are often lower than credit cards
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Global borrowing limit
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Option to consolidate your debt at a lower interest rate
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24 hour easy access to funds via internet and phone access, ATM, EFTPOS, chequebook, BPAY® plus third party direct debits, direct debit and salary crediting facilities
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Allows you to capitalise your interest repayments
All applications are subject to the normal credit approval criteria set by individual funders. Full terms, conditions and schedule of fees are set out in the relevant loan contracts. Terms and conditions, including fees and charges, may be varied or introduced in the future. Fees and charges are payable. Government charges and taxes may apply. This information should be used as a general guide only. Potential investors should seek independent financial, legal and taxation advice before making any financial investment decision.
