Personal

Line of Credit

It’s a ready source of cash for investment opportunities.
The Rock's Line of Credit is a tax effective, money management tool that allows you to take advantage of investment opportunities as they arise. Whether you use your money to purchase property, shares or other investments, The Rock’s Line of Credit is one of the most flexible, inexpensive and simplest investment funding facilities available to homeowners.

The Rock’s Line of Credit gives you immediate access to the equity in your home by using a chequebook, ATMs and EFTPOS and other direct entry facilities, such as Internet Banking.

What You Need
You need to have sufficient equity in residential real estate and depending on how much of your home you own, you can access funds with The Rock’s Line of Credit up to 80% of the value of your home.

Interest Rates
Take advantage of The Rock’s fixed interest rates for 1, 2, 3 or 5 years or our extremely competitive variable rate.

Repayments
There are no set repayments, although if you have your pay credited directly to your Line of Credit account it will minimise the interest charged to your facility.

Operate a negatively-geared share portfolio and have the flexibility to trade shares on a regular basis.
A flexible Line of Credit account gives you chequebook and electronic access to your funds when you want to invest, can be used to receive your dividend and share sale proceeds electronically and provides the major benefit that you are only charged interest on the amount of the facility that is drawn down.