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Lines of Credit

 

 Line of Credit facilities are becoming more and more popular. They allow you to structure your cash flow so that you may pay off your loan years sooner, whilst at the same time freeing up the equity in your property for other investments. We can demonstrate how a revolving variable or fixed line of credit facilities can assist you and how it can save you thousands of dollars and years off your loan.

Lines of Credit are an "all in one" transactional account, which is available for any personal, investment or business purpose. They allow up to ten loan accounts secured by one or more residential property (thereby allowing you to separate deductible and non deductible debt) in joint or single names.

Loan repayments are based only on the amount borrowed and the interest rate charged. The facilities may be interest only meaning the interest can be capitalised (added to the loan balance) up to the loan limit.
 

 

 

 

 

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