Switzer Line of Credit
Multiply your investment power
With your Switzer Line of Credit, you can multiply your investment power and use the equity in your property to invest in other assets such as shares, property or managed funds. Alternatively, use for lifestyle purposes.
Flexible and cost effective
You only pay interest on the balance outstanding, and the funds are available when and where you want them. A line of credit gives you control.
Tax efficient options
We understand the importance of after tax investment returns, so our line of credit includes interest only and the option to capitalise interest
Your own lending service manager
Our lending service managers have a minimum of 10 years banking and lending experience. As a Switzer client, you will have direct access to your own lending service manager.
Online and phone access
Access you loan via our website, or call your lending service manager.
|Variable Rate||Comparison Rate|
|Annual Fee||$345 (Pro Pack Loans Only)|
|Loan Amount||$50,000 to $1,000,000|
|Term||Up to 25 years (15 years for interest only)|
|Maximum Loan to Value Ratio||80%|
|Permitted Purpose||For investment or personal use|
|Interest Only Option||Yes|
|Interest Capitalisation||Yes under approved facility limit|
|Payment Options||Direct Debit, Direct Credit, B-Pay, Deposit Book, and Internal Portion Transfer|
|Debit Card available||Yes|
|Cheque Book access||Yes|