LINE OF CREDIT:
Having access to a continuing Line of Credit on your mortgage is something we all dream of.
A Line of Credit mortgage will give you access to your home loan account, without the need to fill in application forms. You don't even have to say what the money is for!
A Line of Credit will make it even easier to upgrade your lifestyle, or take the overseas trip that you always dreamed of.
A Line of Credit facility is secured against your home loan. Normally, up to 90% of the value of your home is available. This unique facility allows you to channel all of your income directly into your home loan, and then withdraw living expenses when they are required.
This type of loan is normally set up with an approved visa card, which does not attract any interest provided it is paid out on a monthly basis from your mortgage account. (You can set this up as an automatic payment).
A Line of Credit account allows you to keep the majority of your income in your home loan, saving you large amounts of interest along the way.
Now, with AFASA, Your Mortgage Specialists, access to over 46 lenders and over 360 mortgage options, you can have the perfect Line of Credit mortgage.
To discuss your Line of Credit mortgage options, phone our office today on 07 5527 1133 , or fill in our simple contact form and we will be in contact with you within one business day.
