Express Reverse Mortgage

 General Lending Rates

 Product Features

• Redraw Additional Information: Voluntary payments can be redrawn, subject to credit approval ta time of request. Minimum redraw $2,500.

• Other Additional Information: Fee free repayments.

• Digital Banking Additional Information: View your reverse mortgage online or via mobile app.

 Product Eligibility

• Residency Status - Reside And Own Property In Australia..

• Other Additional Information: Applicant can't currently be bankrupt

• Natural Person

• Min Age - 60. Additional Information: If joint both applicants must be aged 60 or greater.

• Other Additional Information: Lending criteria applies.

• Employment Status - Applicant(s) Can Be Employed Or Retired..

• Other Additional Information: Home must be valued at $400,000 or more.

• Other Additional Information: LVR conditions apply.

 Bank Fees and Charges

• Settlement Fee (Event), Amount: 395.00. Additional Information: Fee payable on settlement of the loan and deducted from advance.

• Valuation Fee (Variable), Amount: Not Listed..

• Registration And Discharge Of Mortgage Fees (Variable), Amount: Not Listed..

• Re-documentation Fee (Event), Amount: 295.00. Additional Information: Charged if you request a re-issue of your loan documents.

• Settlement Arrangement Fee (Event), Amount: 165.00. Additional Information: Charged if attendance at settlement is required.

• Mortgage Discharge (Event), Amount: 395.00. Additional Information: Covers administration and settlement costs. Payable at settlement.

 Limitations & Restrictions (Constraints)

• Min Limit of 20000.00

• Max Limit of 50000.00