Line of Credit Home Loans
Line of Credit Home Loans also know as revolving credit loans are mortgage loans that let you use the existing equity in your home to invest in whatever you like. Similar to a credit card they allow you to withdraw funds up to a set limit at any time. The advantage of this type of loan is you have access to the equity whenever you choose and your repayments are flexible with the minimum required generally being the interest on the outstanding balance of the loan instead of regular principle reduction payments like in a variable or fixed rate loan.
We offer a range of loan features which may include the following:
| How much can you borrow? | Up to $2 million |
| Loan to valuation ratio | Up to 95% |
| No ongoing fees |  |
| Can you split your loan? | |
| Can you borrow for an investment property? | |
| Is the loan portable? | |
| Can you chose weekly, fortnightly or monthly repayments? | |
| Can you make additional repayments? | |
| Can you make re-draws? | |
| Can you make interest only repayments? | |
| 100% offset account available | |
| Can you access the loan online? | |
