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How can I redraw from my home loan?

If you have a qualifying loan you can set up access to redraw additional funds from your home loan via internet banking or the mobile app, or you can request a one off transfer.

Online access to loan redraw

To enable redraw ongoing using Digital Banking, you'll need to complete a Redraw Authority Nomination Form - PDF (71kB)  and return this to us via secure mail or in a branch. 

One off loan redraw request

If you would like to make a one off transfer from your loan account you can request this using the Loan Redraw Request form - PDF (92kB).

You will be able redraw up to the amount that is shown as available on your loan balance. Your upcoming minimum monthly payment will be taken into consideration in the amount shown, so redrawing will not result in you falling behind on your repayments.

For example, if you have paid a total additional amount of $9,000 into your loan, and your next repayment is $1,500, you'll see an available balance of $7,500.