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VIRIDIAN LINE OF CREDIT

With a Viridian Line of Credit, you can consolidate your finances with an all-in-one account that puts you in control of your equity.

Residential Equity Rate

Interest rate5.60% p.a.PA

Make an appointment with a Home Lending Specialist.

Apply for a home loan online and get a response in 60 seconds.

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Already a customer banking online with us?

Save time by using your NetBank details.

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New customer or don't bank online with us?

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Why choose a Viridian Line of Credit?

Conditional pre-approval icon

Conditional pre-approval

Get obligation-free conditional pre-approval on your home loan, so you can start looking with confidence.^

Draw on your credit

Draw on your credit

Enjoy the freedom to make withdrawals and repayments up to your agreed loan amount and daily card limit.

No principal repayments

No principal repayments

No principal repayments are required, as long as interest, fees and charges are paid monthly.

Expand your investment portfolio

Expand your investment portfolio

Get convenient access to the equity in your home loan, so you can buy another property without applying for a new loan.

Flexible loan amount icon

Flexible loan amount

Increase your existing loan to access additional funds.

Portability icon

Portability

Take your loan with you if you move house (conditions and fees apply).

Interest rates and fees

Residential Equity Rate

Interest rate1,25.60%PA

  • $600 upfront establishment fee
  • $12 monthly loan service fee
  • Variable rate
  • Save up to 0.70% p.a. for this loan
  • No up-front establishment fee
  • No monthly loan service fee
  • Additional savings on banking, investment and insurance services
  • Requires an initial total home lending2 of at least $150,000 with us
  • $395 annual package fee

Borrowing options

Split the cost of a home with family or friends, while retaining individual control of your finances. Available on most home loans.

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Lenders’ Mortgage Insurance allows you to purchase a property with a smaller deposit, so you can own your home sooner.

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Benefit from significant savings on borrowing, everyday banking and insurance services, as a reward for banking with us.

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A family member can help you secure a home loan, by mortgaging their own property as additional security.

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Another solution if you don't have a large deposit. Similar to Lenders' Mortgage Insurance (LMI), this additional home buying cost is added to your loan amount, so you don't have to come up with these additional funds up-front.

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Apply for a home loan without the financial statements or tax returns usually required, if you’re a self-employed customer or small business owner.

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Learn more about home loans

Which rate is right for me?

Which rate is right for me?

Whether you choose a fixed rate or variable rate mortgage will depend on your individual circumstances and financial goals.

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Get pre-approval lifestyle image

Conditional pre-approval

Get obligation-free conditional pre-approval on your home loan, so you can start looking with confidence.^

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Talk to us

Ready to apply or you would like to discuss your home loan needs?

Important information:

1 The Residential Equity Rate is a variable rate, which generally moves in line with market conditions and can change at any time.

Low Documentation Loan available on these products.

^ Provided the details initially agreed upon do not change, a Home Seeker loan approval guarantees the amount you can borrow, but not your interest rate. If you do not find a property and accept our formal loan offer within 90 days of the conditional pre-approval date, we will need to obtain from you updated financials and confirm that the loan still meets your needs and financial objectives.

Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Loan Offer. Other fees and charges are payable. 

An annual fee and eligibility criteria applies to Wealth Package and terms and conditions are available on application.

If you do not find a property and accept our formal loan offer within 90 days of the conditional pre-approval date, we will need to obtain from you updated financials and confirm that the loan still meets your needs and financial objectives.

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