Please select from the list below to find out more about the
different loan types.
|
Line of credit |
|
| This type of loan revolves around
credit secured against a residential property, allowing access
to funds when needed. These products are creative ways to
raise funds for investment by providing cash up to a
pre-arranged limit. |
| Advantages |
- Use the money you need and pay it back when you can
- Interest rates tend to be lower than credit cards or
personal loans
|
| Disadvantages |
- Possibly reduces equity in your residential property
|
|