Use Mortgage Secured Continuing Credit to cover those peak periods when unexpected bills arrive and pay a low interest rate on the amount you borrow!
Draw as much or as little as you want up to your pre-approved limit. Access money when needed and pay a low interest rate on what you use.
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Borrow for any worthwhile purpose and have available a revolving credit facility |
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Pay a low, ongoing, interest rate |
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Approval in as little as 24 hours |
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No monthly fees or charges |
| Variable interest rate | View our interest rates |
| Minimum amount | $20,000 |
| Maximum amount |
80% of the property value, 90% with Mortgage Insurance |
| Loan period | n/a |
| Repayments | Due monthly |
| Interest charges | Calculated daily, charged monthly on the portion of the overdraft used |
| Third Party Legals & Valuation Fees | At cost $1300 (approx) |
| Variable and lump sum repayments | Yes |
| Early repayment without penalty | Fee applies only if repaid within 4 years |
| Free redraw facility | n/a |
| Property valuations available | Yes |
| Monthly account keeping/service fees | No |
| Loan Repayment Insurance available | No |
| Auto repayments (salary/account) | Yes |
| Loan establishment fee | No |
Apply for an Continuing Credit.