Renovate, expand or invest further...
You can leverage your existing property into a ready source of funds which can be used for your personal expenses like renovating your property, supporting your loved ones’ educations, purchasing a vehicle, or starting a new business.
Features & benefits
Our Home Equity Loan provides our customers with plenty of flexibility and choice.
Only pay interest on what you withdraw
If you do not withdraw funds from your approved line of credit, we will not charge you interest.
Home LoansFull flexibility to withdraw what you need, when you need it
It is a line of credit, so you can keep depositing and withdrawing up to your approved credit limit.
Home LoansEasy access to your money
You can access your money any time using ATMs, our Internet Banking or JTR Mobile tools.
Ways to BankTransparent fees
All fees associated with opening a Home Equity Loan will be communicated with you clearly and early-on so you know exactly what to expect.
Home LoansThe numbers
Interest rate | 9% p.a. |
Loan approval fee | 1% of loan amount |
Minimum loan amount | US$21,000 |
Maximum loan amount | Up to 80% of the property valuation or $1.5M (whichever is lower) |
Maximum loan term | 15 years |
Early repayment fee | 3% for lump sum payment within lock-in period |
Redraw fee | US$100 |
One-off associated costs | Property valuation: US$150-$250 Legal fee: $200 Collateral title deed registration: starts from $185* |
Other one-off associated costs | Fire insurance (must be renewed annually) |
Interest rate is calculated daily and charged at the end of each month.
All of these fees are subject to change without notice.
How to apply
- Read our guide: '7 steps to purchase your property' so you know what to expect from the application process.
- Please fill in this short home loan enquiry form and one of our expert Lending Managers will contact you within one business day.
- Be sure to review our pricing and terms and conditions.
Write to Us
Fill in an online home loan enquiry form to kick-start the loan process.
Home Loan Enquiry