Business Mortgage Loan - Variable Rate

 General Lending Rates

 Product Features

• Digital Banking

• Redraw Additional Information: Redraw available on application only

 Product Eligibility

• Business

• Residency Status Additional Information: Australian Citizens or permanent residents or as otherwise approved

• Min Age - 18. Additional Information: Borrower must be minimum age of 18 years old

• Other Additional Information: Fully secured by Residential Property

 Bank Fees and Charges

• Agents Cost (Variable), Amount: 0.00. Additional Information: Not ascertainable, and payable to us or our solicitor or our or their agent

• Cheque Issuing Fee Comm (Event), Amount: 2.50. Additional Information: Payable to us when a payment is made from your loan account by way of Financial Institution (FI) Cheque

• Commitment Fee (Periodic), Amount: Not Listed.. Additional Information: It is charged on the unused portion of the facility limit. It is calculated daily from the date two months after the date of the Facility Offer until the facility is fully drawn

• Default Administration Fee Comm (Event), Amount: 50.00. Additional Information: Payable to us when the borrower (or security provider) has not performed an obligation on time including an obligation to pay money. This fee is payable monthly commencing one month after the obligation should have been performed and up to and including the month in which the obligation is performed. We debit this fees to tour loan account each month until the default is remedied.

• Discharge Administration Fee Comm (Event), Amount: 200.00. Additional Information: Payable to us each time we release a security

• Dishonour Fee Comm (Event), Amount: 9.00. Additional Information: Payable to us when a payment (such as as a direct debit, salary deduction or cheque) is dishonoured

• Duplicate Fee Comm (Event), Amount: 20.00. Additional Information: Payable to us when we provide a copy of a document

• Duplicate Statement Fee Comm (Event), Amount: 7.00. Additional Information: Payable to us when we provide a copy of a statement

• Information Fee Comm (Variable), Amount: 0.00. Additional Information: $1.00 per minute ($20.00 minimum fee). The fee will be calulated on the actual time spent retrieving and providing the information requested.Payable to us to provide information and that information is provided in writing

• Loan Application Fee Comm (Variable), Amount: 0.00. Additional Information: Available at the time the application is made minimum application fee $250

• Loan/overdraft Service Fee Comm (Variable), Amount: 0.00. Additional Information: Minimum fee $50.00 Amount available on application. Fee is debited on your account quarterly in arrears on the last day of March, June, September and December

• Production Fee Comm (Event), Amount: 200.00. Additional Information: Per document per production. Payable to use if we produce a document to a land registry

• Progress Payment Fee Comm (Variable), Amount: 0.00. Additional Information: Minimum $100 per progress payment on a building or construction loan. Payable whenever a progress payment is made on a building or construction loan.

• Renegotiation Fee Comm (Variable), Amount: 0.00. Additional Information: Available on application. Payable to us whenever we agree to renegotiate or vary conditions on your loan other than altering interest rate options

• Security Substitution Fee Comm (Event), Amount: 300.00. Additional Information: Per new security. Payable to us to substitute a new security for an existing one

• Settlement Fee Comm (Event), Amount: 150.00. Additional Information: Per settlement. Payable to us each time we or our solicitor attend settlement in connection with a security

• Switching Fee Comm (Event), Amount: 300.00. Additional Information: Per switch. Payable to us to convert from one interest rate option to another on an existing loan or switch to another of our loan products

• Title Search Fee Comm (Variable), Amount: Not Listed.. Additional Information: Not Ascertainable, payable to us to us or our solicitor or our or their agent on or before the settlement date

• Valuation Fee (progress Valuation) Comm (Variable), Amount: 0.00. Additional Information: Valuation fees are available upon enquiry. Payable in relation to each property or business to which a loan is secured

• Valuation Fee Comm (Variable), Amount: 0.00. Additional Information: Valuation fees are upon enquiry. Payable in relation to each property or business to which a loan is secured