Bridging Loan
If you have found your dream home but haven't sold your existing property yet, a Police & Nurses bridging loan can offer a short term solution.
It provides you with temporary finance to buy your new property before your existing property has been sold.
- Available for owner occupiers and residential property investors
- Allows you 6 - 12 months to sell your existing property
|
Interest Rate (%pa) |
Variable interest rate |
| Choice of repayment options |
|
| Pay off your loan faster* | You can make additional repayments |
| Interest only repayments | Interest only repayment option available for a maximum of five years for both owner occupiers and residential property investors |
| Minimum loan amount | $20,000 |
| Fees and charges | View loan fees and charges |
| Loan term | 6 - 12 months |
Contact us on 13 25 77 for further information or visit your nearest Police & Nurses branch.
Disclaimer: All home loans are subject to application approval. Standard lending criteria, terms, conditions, fees and charges apply. ^The Comparison Rate is based on a loan of $150,000 for a term of 25 years with repayments made monthly. The comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. You can view the Comparison Rate Schedule or request a copy from any Police & Nurses branch. Conditions may vary in different states. Please contact Police & Nurses Credit Society for further information.