Variable Rate Loans

Action Equity Loan

If you've already built up some equity in your home, you can set up a line of credit. With these funds you can buy another property, invest in shares, take a break from work or plan a great adventure. And if you use your home equity for income-producing investments, such as shares, the interest may also be tax deductible.

Equity loan rate	Low, variable interest rate
Equity loan term	As short or as long as you like
Loan repayments	Interest Only
Paid by	Direct debit and salary crediting
Additional payments	Yes, any time and free of charge
Monthly fee	No monthly or annual fees. 10 free withdrawals a month.
Loan redraw	Yes
Access	By cheque book, telephone or internet transfer.
Bills	Pay bills with available funds with BPAY®
Split equity loan	Some people split their loan into two separate accounts (personal and business) to help them manage their money

Call a home loan specialist on 1800 100 258 or see your broker to find out if an Action Equity Loan can give you more financial freedom.