ESSENTIAL HOME LOAN

 General Lending Rates

 Product Features

• Redraw Additional Information: Redraw available on Variable rate loans. Minimum $1000 and one month payment in advance. Staff assisted and online options available.

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

• Other Additional Information: No early termination fee.

 Product Eligibility

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

• Residency Status Additional Information: Individuals must be Citizens and Permanent Residence of Australia

• Other Additional Information: Member of the Credit Union

 Bank Fees and Charges

• 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 - Essential (Periodic), Amount: 10.00. Additional Information: Payable on Essential home 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