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What is a Repayment Pause and who is eligible?

April 26, 2017eligible pause repayment

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What is a Repayment Pause and who is eligible?

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Posted

A Repayment Pause permits existing home loan customers to reduce or pause their home loan repayments for a period of between 3 and 12 months. This is only applicable to home loan customers, who meet the Eligibility Criteria and seeking assistance to manage cash flows during a period of legitimate leave from the workforce for a period of between 3 to 12 months. This is not designed for those experiencing financial hardship. Conditions apply. If you would like to know more, please contact one of our home loan experts on 13 22 66.