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Equity Finance Mortgage (EFM®) |
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Equity Finance Mortgage (EFM®)
An EFM® provides up to 20% of the value of an owner occupied property.
- NO annual percentage rate applies to the loan unless the borrower is in default
- NO monthly repayments are required throughout the term of the loan.
In return, the borrower shares any increase in the value of the property with Rismark when the loan is repaid. This is known as the "appreciation payment".
Rismark may also share any decrease in the value of the property with the borrower in certain circumstances. This is known as the "depreciation allowance”.
This product must be taken in conjunction with an Adelaide Bank home loan.
For further information, contact your AFM Business Manager or Call Centre on 1300 72 79 72 (AEST 9-5pm).
Please carefully read and review the EFM Disclosure Document available through one of our accredited lenders. This website does not take into account your personal objectives, financial situation, or particular needs. You should obtain a copy of the EFM Disclosure Document and the EFM Terms and Conditions Booklet from one of our accredited lenders and consider them before making a decision about whether to enter into an EFM.
Fees, charges, terms, conditions and lending criteria apply. Full details are available on application.
EFM Legal Information
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