Equity Plus

A variable rate Line of Credit facility designed to provide you with maximum flexibility.

Calculated on Interest Only, this loan facility features the combination of a loan with the ability to access funds at any time up to an approved credit limit, giving you control of your finances.


Features and benefits
  • Interest Only facility with interest capitalisation for loans less than $500,000 and a Loan to Valuation Ratio (LVR) of up to 75% 
  • Revolving Loan Facility - the capacity to draw down on funding up to an approved credit limit
  • Repayments through Direct Salary Credit or bank account Direct Debit
  • Optional Direct Debit, Direct Credit and BPay facilities at no extra cost
  • Unlimited free transactions with Debit Card access through any ATM network* and free cheque book facility
  • Facility can be split up to four times (minimum $20,000 per split)
  • Combination with Performance Plus facility available
  • Free Account Access via Internet and phone
  • No on-going fees or account keeping fees
  • Loan portability available

*No ATM charge will apply for transactions performed at any rediATM. An ATM operator fee will be charged for transactions at any other ATM.

Download factsheet
Loan products and features.

How to apply
Contact a Mortgage Broker.

Current rates & fees
Variable interest rates.


 

Account Access

Manage and access your loan account