Frequently asked questions

About Selina Advance

What is a Selina Advance Home Equity Line of Credit (HELOC) and how does it work?

What is a Selina Advance HELOC?
How can I use my Selina Advance HELOC?
How much can I borrow and for how long?
What happens after the 5 year flexible period?
What advantages does it have over remortgaging?

Pricing

What is the rate? Are there any fees? Do early repayment charges apply?

What rate and fees apply?
Is there a product fee?
Can I repay early?
What do repayments cover and how are they made?
Can I change my repayment amount?

Eligibility for Selina Advance

Do I meet the eligibility criteria? What are the security property requirements?

Who is eligible for a Selina Advance HELOC?
What are the basic security property requirements?
How do you value my property?
Which credit profiles do not qualify?

Applying for a Selina Advance

How do I apply? What documents do I need to provide?

How do I apply?
What are the supporting documents?

Help and contact

How can I contact Selina Advance? How can I make a complaint? What if I miss repayments?

How can I contact Selina Advance?
How can I make a complaint?
What happens if I miss repayments?