Redraw Facility
A withdraw facility is normally part of a variable loan to allow you to make additional repayments and re-draw them if you need to re-access finances.
We thought you might also like...
Home Loan
Finance Clause
posted February 24, 2017It is recommended when you make an offer on a property you have a finance clause included in the event finance approval is not....
Watch Now >
Home Loan
When is Deposit Due?
posted February 24, 2017The type of property you are purchasing affects the deposit requirements in regards to % of total price and when components are....
Watch Now >
Home Loan
Mortgage Protection
posted February 24, 2017Mortgage protection secures yourself against a change in life circumstances that can affect your ability to repay your loan....
Watch Now >
Home Loan
What Does a Bank Assess For Credit Worthiness?
posted February 24, 2017Banks review your full financial picture, such as income, dependents, employment status, debt history and credit check, but don't....
Watch Now >
Find us on
Call us
1300 978 051
Disclaimer: The Loan Studio Social Home Loan variable interest rate of 3.59% per annum is as at 1 February 2017 and is subject to borrower meeting the lender's criteria, terms and conditions and loan to value ratio ('LVR') requirements. This rate of 3.59% per annum is based on a variable rate home loan of greater than $50,000 (Maximum $750,000) and not exceeding a LVR of 80%. The comparison rate of 3.66% per annum is as at 1 February 2017 and is based on a secured loan of $150,000 over a term of 25 years. This comparison rate is true only for the example or examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Lending criteria, fees and conditions apply. Rates, fees and conditions are indicative and subject to change without notice. Loan Studio Pty Ltd (ABN 97 146 606 135) is an authorised credit representative (390870) of Port Group Pty Ltd (Australian Credit Licence Number 389460)
