1. Features
[ ] Offset Account
[x] Redraw Facility
[x] Allow Extra Repayment
[x] Allow Loan Increase
[x] Split Loans
2. Upfront Fees
This is a fee that may be payable by the borrower to a lender prior to or at the application stage, of the lending process. An example of an upfront fee maybe an Application fee (while some may charge upfront, most do not), or Valuation fee (some lenders may charge, while others will cover this cost)
| Fee | Cost |
|---|---|
| Establishment Fee | $0 |
| Settlement Fee | $100 |
| Valuation Fee | $164 |
- Only mandatory fees are included in the Total and Total Cost
3. Ongoing Fees
An ongoing fee refers to a reoccurring charge or cost that is present for the life of the loan. This may appear in the form of an annual fee (sometimes known as package) or a monthly account fee.
| Fee | Cost |
|---|---|
| Account Service Fee | $0 |
| Package Fee | $0 |
- Only mandatory fees are included
4. Exit Fees
Exit fees represent costs associated with discharging a loan, either paying out a loan by refinancing or sale of a property.It is important to note that discharging fixed rate loans during the fixed period may incur break costs (penalty). Details of break costs will vary depending on situation so this information should be obtained directly from the lender.
| Fee | Cost |
|---|---|
| Discharge Fee | $350 |
- Only mandatory fees are included
5. Eligibility
The promotional rate only applicable to Owner occupier, principal and interest repayment
Upon the receipt of all relevant information from the applicant, an assessment will be made to determine which products are most suited and available to the applicant.
How to Apply
To apply for a St George home loan, you will need to supply the following information:
- Employment details including addresses and phone numbers
- Income details including assets
- Details of any other loans (personal or home), credit card debts or store cards
About St George
In 1937, St. George was founded in Sydney’s southern suburbs. Since then, it has grown to become one of Australia’s largest banks. In December 2008, St. George merged with Westpac Banking Corporation and is now known as St. George Bank.
The bank provides services primarily in New South Wales, but with growing representation across a number of industry and business segments in Queensland and Western Australia, and in Victoria before the relaunch of the Bank of Melbourne brand in July 2011 (also another division of Westpac). St.George also operates in South Australia and the Northern Territory under its “subsidiary” BankSA (a division of Westpac).
22 August 2017 - Major bank refines serviceability criteria - Australian Broker
Recent News in the Media
14 August 2017 - St. George gives $100,000 towards disaster recovery - The Northern Star