Supplementary Loan

If you are looking to renovate your home, or use your home as security on a personal loan, the South West Credit Supplementary Home Loan might be just what you're looking for.

  • Free redraw facility 
  • No monthly account keeping fees 
  • Loan repayment insurance available 
Key Features
Variable interest rate View our interest rates
Minimum amount $5,000
Maximum amount 95% of the property value with mortgage insurance, 80% without
Loan period Upt o 20 years
Repayments Monthly / Fortnightly / Weekly
Interest charges Calculated daily, charged monthly
Loan set up costs (Inl. Valuation & Solicitor) At a cost of $600 (Approx)
Variable and Lump Sum repayments Yes
Early Repayment without penalty Nil
Free Redraw Facility Yes
Monthly account keeping fees No
Loan repayment insurance available Yes
Auto Repayments (salary / account) Yes 
Loan Establishment fee Yes - $150

More Information

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