Nova Alliance Bank Home Loans
What home loans does Nova Alliance Bank offer?
At the time of writing, Nova Alliance Bank offers home loans, land and/or building loans, refinance loans and line of credit loans.
Nova offers variable interest rate and interest only home loans. If you choose to take out a home loan, Nova says it can also arrange your building and contents or landlords insurance and loan protection insurance.
Nova says its line of credit loans are available for eligible members as a pre-approved revolving credit facility. Nova says interest is only charged when you use your line of credit and up to 80% of property valuation is available.
Canstar does not currently compare Nova Alliance Bank home loans, but you can compare other home loan providers on Canstar’s database:
Nova Alliance Bank Home Loan Features
Nova says its home loans offer the following features:
- Borrow up to 95% of property valuation
- Terms up to 30 years
- Redraw facility (minimum $500)
- Unlimited additional payments
- Payments can be made weekly, fortnightly or monthly
The inclusions above represent a selection of Nova Alliance Bank home loan features. Canstar is not making any suggestion or recommendation to you about this product. Additional conditions may apply to different features. Check upfront with Nova Alliance Bank and please ensure that you read the PDS or other loan documentation to determine all the current loan terms and conditions for the product you are considering and whether it meets your needs, before committing to it.