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Competitive rate

Variable interest rate.

No ongoing fees

No monthly or ongoing fees.

Loans of all sizes

Up to 90% of the property value.

Flexible access

Use your funds whenever you need them.

There’s more in your home than just furniture

With an Equity Access line of credit, you can access the equity in your home, up to a pre-approved credit limit.  

Put simply, it’s a revolving credit line, so you can withdraw a lump sum or smaller amounts over time, and only pay interest on the outstanding balance. Equity Access could be the key to funding your dream kitchen, a brand-new set of wheels or even a well-deserved holiday. Seychelles, anyone?

There’s value in Equity Access

  • Variable interest rate.
  • No ongoing monthly or annual fees.
  • Drawdown your line of credit at any time without having to reapply.
  • Borrow up to 90% of the property value.
  • No fixed repayments - make repayments only to keep your balance under the approved limit.
  • Interest is only charged on the amount drawn.

Rates & fees

Competitive rates and low fees for your line of credit home loan.

The basics

Minimum loan amount $20,000
Maximum loan term N/A - Revolving

Interest rates

Loan Value Ratio (LVR) Variable rate

Comparison rate*

Less than 90% 9.12% p.a. N/A

Fee type
Monthly maintenance fee $0
Document Preparation fee $300.00

Other fees & charges that apply to all of our accounts can be found on our fees and charges page.

Ready to apply for your home loan line of credit?

Saving money and paying off your home loan sooner is easy with P&N. And we’ve made applying for your loan just as easy. You can apply:

  • In your nearest branch – remember to bring all your ID and supporting documentation.
  • Over the phonecall us on 13 25 77 and one of our friendly loan consultants will help you with your home loan application.
  • At home or at work – our mobile lending team can come to you, or we can set up a video call.
Book an appointment Make an enquiry

Applying for your home loan is easier and quicker when you've got what you need, so be prepared with your: 

  • Identity documents
    • primary photo ID (e.g. passport or driver's licence), or
    • primary ID without a photo (e.g. birth certificate or citizenship certificate) and a secondary ID (e.g. a utility bill with your name and address on it).
  • Employment details – contact details of your current and previous employer if less than 2 years.
  • Income details – payslips or, if you're self-employed, tax assessments for the last two years, and financial statements.
  • Regular expenses – such as food, rent, electricity, telcos, insurance & medical costs.
  • Assets – a rundown of any assets that you own (any cars, deposit accounts, home contents, properties, investments).
  • Liabilities – the details of any loans, credit cards, pay later or other debts you have.

Got everything? Book an appointment with a home loan specialist today.

Book an appointment

We’re here to help

Drop us your details and a home loan specialist will get back to you.

Ready to apply?

Set up a phone, video or in-person appointment with one of our home loan specialists.

Talk to our friendly team

Got a question? Call us on 13 25 77 or pop into your nearest branch.

Your home loan questions answered

A home loan line of credit is a flexible way to access the equity you've built up in your home. It  allows you to borrow money up to a set amount and then withdraw and/or repay that money as you want. You can withdraw a lump sum or make smaller withdrawals over a period of time.


With a home loan line of credit you don't need to make regular repayments during the term of the loan. You can deposit and withdraw money as you need to. 

If you don’t make interest payments, you'll need to remember that your interest will capitalise. That means you’ll reach your credit limit sooner than if you had been making repayments.

The interest charged to your loan account varies month to month because interest charges accrue daily and are calculated on the unpaid balance at the end of each day. This is then debited to your loan account as the interest charged on the last day of each month. 

You can use the compare table on our home loan pages to compare interest rates and key features of our home loan products. 

Another option is to use our home loan comparison calculator to easily see a side-by-side comparison of our home loans, taking into account factors such as the interest rate, the loan value and term, whether you're looking at a fixed or variable rate, and whether you're an owner occupier or investor.

There are also comparison websites available such as Canstar, Mozo and Info choice to help you compare your P&N Bank home loan with different lenders in market, but keep in mind not all available home loans will be shown on each site.

Important information

Banking and Credit products issued by Police & Nurses Limited (P&N Bank).

Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply. 

Please consider the terms and conditions and whether a product is right for you.