The Home Equity Overdraft is a flexible line of credit. You can withdraw money, up to your credit limit, whenever you choose, and repay it whenever you want.
The rate is variable and the loan has a VISA card and a chequebook attached. So whenever you want funds, the money is available. No calls, no forms, no requests.
- Access money whenever you need
- Low, competitive interest rate
- Complete transaction access
- Fully flexible repayments
6.91% pa
Key Features
| Minimum amount | $25,000 | |
| Maximum amount | 70% of property value | |
| Loan Period | Payments based on 1% of the O/S balance | |
| Monthly, fortnightly or weekly Repayments | Yes | |
| Early repayment without penalty | Yes 1 | |
| Top up facility available | No | |
| Offset account | No | |
| Loan repayment insurance available | Yes | |
| Auto repayments (Salary / account) | Yes | |
More Information
- Speak to a Mobile Lender
- Why choose an SCU home loan?
- Refinance your home loan to SCU
- How much can you borrow?
- How much will your loan repayments be?
- Where can you afford to buy?
- Other loan calculators
- Interest rates and charges
- Protect yourself with Loan Repayment Insurance
- Read our guide to buying a home
- More questions? Check out our FAQs
Speak to a Mobile Lender
To contact a Mobile Lender 
Apply
Apply for a Home Loan
Questions?
If you have any questions, please contact us Enquire
1. Early payout fees may apply, please refer to our Fees and Charges Schedule for further details
