Giving you the power to control your home loan.
Armed Forces Bank California Mortgage Power is a revolving line of credit at a low variable rate-giving you easy access to your funds.
Armed Forces Bank California Mortgage Power is a revolving line of credit with an approved credit limit that is secured against your property. This means you can access the equity in your home through the same means as an everyday transaction account - ATMs, cheques, BPAY etc - but you are only charged interest on money that you withdraw and the rate is much lower than a credit card rate. In essence, by using your home loan as a line of credit, you can make significant savings when you fund the other big purchases in your life, such as cars, school fees or holidays.