Home Loans
 Equity Maximiser Home Loan
The Equity Maximiser Home Loan with no application or valuation fees offers the convenience of a secured line of credit with flexibility to draw on funds whenever you need it, with no ongoing loan approvals.
Equity Maximiser allows you the flexibility to link additional loan accounts for other investments such as property or shares. The facility has a transactional account with full electronic access to funds with ATM and Eftpos services. Also, talk to us about how you can pay off your loan faster by crediting all of your salary into Equity Maximiser and utilising the PCU Visa Credit Card up to 55-day interest free period for living expenses.
Equity Maximiser is part of our commitment to help build your assets to assist in wealth creation for a secure long-term financial future.
 S29 Equity Maximiser line of credit limit calculated on available equity
S28 overdraft limit up to $10,000 with Visa Card, ATM, Eftpos and Internet Banking/BPAY® access. Monthly sweep from S29 to pay balance
Optional linking of other loans for different investments (serviced from the Equity Maximiser loan)
Living expenses can be paid by using PCU Visa Credit Card up to 55-day interest free period (serviced from the Equity Maximiser Loan)
S25 Optional Investment Overdraft with Cheque book, Internet Banking and Redidial Telephone Banking access
No valuation, application fees, or Credit Union legal fees (Conditions Apply)
Borrow up to an approved percentage of your property and use it as an overall line of credit for all your borrowing needs
Access your equity to build your assets: property, shares, a new car or childrens’ education - the choice is yours!
Separate your borrowings with additional linked loans. Great for individual management of investments
Additional transaction account (with optional overdraft limit) to minimise risk exposure. ATM, Eftpos, and Internet Banking/ BPAY available
After initial establishment, access credit immediately to secure your investment without having to complete time consuming loan applications each time and use up to your agreed credit limit with no loan approvals
Fixed or variable rate options on linked accounts
No penalty for additional payments on variable interest rate loans
Automatic repayment options
Only pay interest on the credit you use
Equity Maximiser can help you repay your loan faster:
1. Deposit all your income into the Equity Maximiser loan to reduce your principal amount and therefore the interest on your loan on a daily basis
2. Use the up to 55-day interest free period on your Police Credit Union Visa Credit Card to pay for all your living expenses
3. Make your full Visa Credit Card payment within the interest free period using Internet Banking, Redidial Telephone Banking or automatic payment options. This way you maximise your home loan and don’t pay any credit card interest!
Enjoy convenient access to your funds via ATM, Eftpos, Redidial Telephone Banking, Internet Banking and Cheque Book facilities
Pre-approval available
Detailed monthly statements
Funding Options
For an overall approved loan facility of $360,000, this is an example of how you may choose to structure your borrowings.
Using Equity Maximiser (with or without linked loans) allows you to structure your finances to make investment decisions to assist with wealth creation opportunities. This provides the flexibility to use your equity for whatever you want, whenever you need it!
To apply for a Equity Maximiser Home Loan contact your nearest
Branch or Apply
on-line.
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