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If you’re wanting to tap into the equity you’ve built up in your home to renovate, invest or for any other worthwhile purpose, then look no further than B&E’s line of credit, FlexiLine.
FlexiLine is secured by a registered first mortgage over your residential property and provides you with a ready source of funds up to an agreed limit.
What FlexiLine delivers:
- A competitive interest rate.
- An all-in-one Application Fee^, inclusive of valuation and solicitors' fees.
- Funds at call – access through a B&E VISA debit card or cheque book††. Option to apply for a separate VISA credit card# and link to your FlexiLine account.
- Fee-free everyday banking – freedom to bank how and when you want: B&E branches, EFTPOS, rediATM†, internet and telephone banking.
Important: Terms and conditions including fees and charges apply to B&E loan products. Full details are available on application.
The information detailed above is general information only and does not take into account your personal circumstances. Before opening a FlexiLine line of credit, please read the Loan Contract Schedule, “Product Disclosure Statement” (PDS) and “Schedule of Fees & Charges” and decide if the account is right for you.
Each month you must pay us the amount of any interest, fees and charges debited to the loan account during the previous month. Interest is calculated daily on the loan account balance and debited monthly to the loan account on the last day of each month. In addition, you must immediately pay us any amount by which the loan account balance exceeds the amount of credit. FlexiLine is available for personal, domestic or household use or for investment in residential property. Applications are subject to B&E’s credit assessment criteria. Minimum FlexiLine limit is $20,000.
^Standard Application Fee applies where there is one (1) residential property located in a metropolitan area. Further costs apply for any additional security properties where applicable and for any additional expenses charged by the valuer where the security property is not located within a metropolitan area. Excludes Govt fees and charges.
†Direct charge fees may apply at other ATMs.
††Standard Cheque book fee applies.
#Subject to approval of a separate VISA credit card facility.
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