|
Property Investment Loans |
|
 This loan has the same characteristics as our Home Loan Plus Home Loan with the only difference is that the purpose is to purchase an investment property.
The loan is repaid by amortised repayments over a nominated term of up to 30 years, but you can elect to fix the interest rate for a period of time (up to five years) or to take the loan based on a variable rate of interest.
Apply Now via PCaccess or Click Here to access our application form.
|
|
|
 An overdraft facility is a line of credit where an agreed overdraft limit, secured by your property, is established on your savings account up to which you may draw. In other words, you can use your savings account as you normally would, that is have your income paid into it transact on it with your ATM Card, internet banking etc, but you are allowed to overdraw the account up the agreed limit.
Apply Now via PCaccess or Click Here to access our application form.
|
|
Read more...
|
|
|
 The Credit Union can offer property investors an interest only facility to assist with the management of their investment debt. Many taxation advisers suggest carrying your investment debt on an interest only basis whilst accelerating repayment on non tax effective personal debt such as your owner occupied home loan.
We always suggest that you speak to your adviser when making these decisions, but you should know that we offer a Variable Rate and Fixed Rate options to allow you to manage your interest rate risk.
You should refer to “What Loan is right for you” to view the pros and cons of each structure.
Apply Now via PCaccess or Click Here to access our application form.
|
|
|
