LINE OF CREDIT

General Lending Rates

Product Features

• Extra Repayments

• Npp Enabled

• Npp Payid

• Redraw

Product Eligibility

• Min Age - 18.

Bank Fees and Charges

• Settlement Fee (Upfront), Amount: 350.00.

• Title Search Fee (Variable), Amount: 0.00. Additional Information: Payable when we require information from the Land Titles Office in connection with your credit contract. Charged at cost.

• Further Application Fee (Event), Amount: 300.00. Additional Information: Payable when you ask us to increase the amount of credit.

• Special Attendance Fee (Event), Amount: 300.00. Additional Information: per attendance plus any amounts incurred by us in attending such requests, such as valuation fees, mortgage insurance premium, lender s risk and processing fee, legal costs, document custodian charges, titles office fees and electronic processing fees all of which are unascertainable at the disclosure date.

• Variation Fee (Event), Amount: 300.00. Additional Information: Payable when we agree to any request by you to vary the terms of your credit contract (including varying your interest rate or switching product types).

• Evidence Retrieval Fee (Event), Amount: 20.00. Additional Information: Applies where you request us to retrieve the paper item or evidence supporting a transaction. The fee is debited to your account when the required documentation is provided to you. Please note that the fee is not applicable where evidence shows that you did not initiate the transaction.

• Cheque Dishonour (inward) Fee (Event), Amount: 12.00. Additional Information: Applies where a cheque paid into your account with us is dishonoured. The fee is debited to your account on the date of dishonour.

• Duplicate Statement Fee (Event), Amount: 5.00. Additional Information: Payable for each duplicate paper copy of your monthly statement you request. Charged at the time of your request.

• Discharge Fee (Event), Amount: 395.00. Additional Information: Payable when we agree to discharge any security.

• Security Review Fee (Upfront), Amount: 275.00. Additional Information: Being the amount of costs and disbursements we have to pay a valuer for a valuation of any security. Fee may be waived for owner-occupied and residential investment lending where the loan-to-valuation ratio (LVR) is below 80%.

• Loan Documentation Costs (Upfront), Amount: 325.00. Additional Information: Additional costs may apply including, but limited to, situations where there is more than one residential security property in differing ownership or States, or where guarantees/trusts/companies entities are involved. Any additional costs will mirror those charged by our Solicitor. Fee may be waived on owner-occupied and residential investment lending where the loan-to-valuation ratio is below 80%

• Monthly Service Fee (Periodic), Amount: 10.00. Additional Information: Payable on the same day, and in the same manner, as any repayment on your loan. This fee will be debited to your loan account on the last day of each month.

• Overlimit Fee (Event), Amount: 20.00. Additional Information: Payable on any day that your loan account balance exceeds your amount of credit (maximum credit limit) at the close of business. This fee will be debited to your loan account on that same business day.

 Limitations & Restrictions (Constraints)

• Min Limit of 20000.00

• Max Limit of 2500000.00

• Max Lvr of 0.80

Document Downloads

  consumer-standard-terms-and-conditions.pdf (1.0 MB)
  fees-and-charges-schedule-1-july-2021.pdf (273.1 KB)