Lines of Credit
Lines of credit can best be compared to credit cards, although unlike credit cards they are secured by residential property. Like a credit card, you can draw money up to the limit and you only pay interest on what money has been drawn. Lines of credit can provide a flexible alternative to a home loan for disciplined borrowers, can be used for purchasing shares or can be used as a cash flow management tool. Speak to us to see whether a Line of Credit could be suitable for you.
