COMMERCIAL LOANS

 General Lending Rates

• Lending Rate Type: Variable
• Interest Rate: 7.95%, Comparison Rate 0.00%
• Repayment Type: Principal And Interest
• Loan Purpose:

 Product Features

• Digital Banking Additional Information: Account available through Internet Banking and WCU Connect App

 Product Eligibility

• Min Age - 18. Additional Information: Minimum 18 years old and Shareholder

• Residency Status Additional Information: Individuals must be citizens or permanant residents of Australia

• Other Additional Information: Customer of the Credit Union

 Bank Fees and Charges

• Break Cost Administration Fee (Event), Amount: 100.00. Additional Information: Administration Fee charged on fixed rate loans when economic cost is calculated

• Citec Check Title Search (Upfront), Amount: 26.20. Additional Information: Payable on funding of a new loan

• Citec Title Search (Upfront), Amount: 25.63. Additional Information: Payable for each Title Search ordered

• Establishment Fee (Upfront), Amount: 600.00. Additional Information: Payable on funding of a new loan - price confirmed on application

• In House Search Fee (Upfront), Amount: 33.00. Additional Information: Payable on funding a new loan when requesting a title search

• Loan Arrears Letter Fee (Periodic), Amount: 12.50. Additional Information: Charged once a loan has gone into arrears and letters are issue to customers

• Loan Service Fee-commercial (Periodic), Amount: 15.00. Additional Information: Payable on Commercial Loans

• Mortgage Release Fee (Transaction), Amount: 150.00. Additional Information: Mortgage Release fee charged per mortgage on realease by WCU

• Mortgage Release Fee - Solicitor (Transaction), Amount: 200.00. Additional Information: Solicitor Mortgage Release charge

• Registration Fees - Mortgage (Upfront), Amount: 192.00. Additional Information: Payalbe on registration of a new mortgage

• Registration Fees - Release (Upfront), Amount: 192.00. Additional Information: Payable on registration of a Release of Mortgage

• Registration Fees - Transfer (Upfront), Amount: 192.00. Additional Information: Payable for registration of a transfer for purchase price up to $180,000. If above-price confirmed on application

• Settlement Agent Fee (Upfront), Amount: 60.00. Additional Information: Settlement Agent Fee payable on funding loan when settlement attended to

• Settlement Notice (Upfront), Amount: 57.00. Additional Information: payable when a settlement notice is lodged

• Solicitor Mortgage Fee (Upfront), Amount: 462.00. Additional Information: Payable at the time of funding a new loan with new mortgages

• Valuation Fee (Upfront), Amount: 350.00. Additional Information: Payable on funding when a new valuation has been obtained-price confirmed on application depending on location of property

• Variation Fee (Transaction), Amount: 150.00. Additional Information: Variation fee when varying a loan charged on funding