Line Of Credit
The Wilson National Line of Credit is available on our New Horizons and Lifestyle Plus home loans. Your Mortgage Magazine named the Wilson National Line of Credit Home Loan in Australia's best value home loans in 2010.
Click on the product below to down load the product sheet:
Take the Line of Credit as a sub account within a split loan, which has up to 4 loan accounts allowed. Otherwise it can be a stand alone facility.
Loan Size
$50,000 up to $1,000,000
Purpose
Any worthwhile purpose.
Term
25 - 40 years.
Repayments
Interest Only for 15 years (revolving credit period) reverting to Principal & Interest over the balance of the loan term.
Statements
Monthly statements during the revolving credit period, reverting to 6 monthly statements afterwards.
Drawdown
Funds available for draw down can be accessed via the Loan Service Net or Loan Service Line to a nominated bank account, $50.00 minimum draw down and fee free.
MasterCard Access
MasterCard access for purchases and free ATM access to cash (selected ATM's only), all at line of credit rates.
Cheque book Access
A Loan Service Cheque is an easy way to access funds available in the Line of Credit. It's a great alternative for payment of larger goods and services.
Pay Anyone
Transfer funds to any other Australian bank account or to your other loans.
Direct Debit
Pay your loan by Direct Debit monthly fortnightly or weekly.
Direct Salary Crediting
Have your income directly paid into your loan account and use your MasterCard, cheque book or draw down facility over the phone or via the internet to access your money or pay bills.
Internal Transfers
Transfer funds to your other loans or to other accounts within the same loan.
If you have any questions about our Low Doc Loan or would like to make a time to speak with someone, contact us on 1300 288 828.
Green Home Loans - All Wilson National loans carry the carbon neutral logo and are 100% carbon neutral.
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