Line of credit
Mortgage Freedom is a line of credit that allows you to own your home sooner and create wealth at the same time. It provides you with an all-in-one borrowing, saving and transacting account using the equity you already have in your home.
- 7.37%p.a. variable rate for loans under $250,000
- 7.12%p.a. variable rate for loans $250,000 or more.
You can set up an instant line of credit of up to 80% of the value of your home and gain the flexibility of up to four separate sub-accounts to satisfy all of your investing and borrowing needs.
Features
- Make lump sum payments without penalty.
- Savings are 100% offset against your loan.
- No monthly account keeping fees.
- No early payout fee.
- Receive extra free transactions on your CUA savings account.
- Further advances available.
View interest rates and fees.
Fees, charges, terms & conditions and lending criteria apply. Full details available on application. Rates current as at 12 May 2010 and subject to change.
