Line of Credit Loan

Line of Credit Loans allows borrowers to borrow up to a specified limit which is secured by a registered mortgage over a residential property. These loans provide access to funds, when required, up to the original limit set (which is usually on a credit card).Normally, the minimum repayment required is the monthly interest only. Some lenders require that principal reductions begin to be made after a certain period of time. These loans can be used for pretty much everything. They are a creative way to generate funds for investment purposes, finding businesses, other properties, loans to children to help them buy property, etc.

If you would like to speak to one of our Home Loan Consultants, please contact us or use the form on the right to enquire about your finance needs or phone our office on (02) 9609 4655.