Category: Business Loans Last Updated October 15, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a VARIABLE P&I product. Additional Information
Interest Rate 10.54% PA
Comparison Rate 0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Eligibility
OtherAdditional Information: Terms, conditions, lending eligibility and approved criteria apply
Bank Fees and Charges
Gmcu Title Search Fee (Event), Amount: 25.30.
Goods Security Agreement Preparation Fee (Event), Amount: 30.00. Additional Information: charged if a Goods Security Agreement is required as security (e.g. over a vehicle)
Loan Contract Variation Fee (Event), Amount: 300.00. Additional Information: For Each Variation
Loan Default Fee (Event), Amount: 10.00.
Loan Default Fee- Second Reminder Letter (Event), Amount: 15.00.
Loan Default Fee- Final Notice (Event), Amount: 25.00.
Mortgage Preparation Fee (Event), Amount: 0.00. Additional Information: Mortgage documents prepared by solicitor payable by member at cost
Valuation Fee (Event), Amount: 0.00. Additional Information: Valuation fee payable by member at cost
Loan Redraw Fee (Transaction), Amount: 50.00.
Business/commercial Loan Establishment Fee (Upfront), Amount: 500.00. Additional Information: Establishment Fee starts from $500.00 and increases based on loan amount and complexity