The Relocation Loan is our competitive standard variable interest rate loan which remove the stress of timing the purchase or construction of your new home
FRAUD_PROTECTION : The product includes fraud protection features.
RELATIONSHIP_MANAGEMENT : Relationship management is available for eligible customers.
OTHER : Building Loan Feature: A specialised lending option that is available on selected loan products. Allows the customer to progressively draw down what is needed to cover the build of their residential property over the construction period., If you're building a new home, you can also use a relocation loan, living in your current home until construction is complete. You have 12 months after your first advance to build your new home, and sell the existing home., If you're buying a new home a relocation loan could help you pay for the deposit, stamp duty and removalist costs on a new property (as well as the purchase price on settlement). You have 12 months after you receiving any funds to sell your current home., Live in your existing home : For relocation loans to be used for building a new property, you can live in your existing home while your new home is being built., Statements of account : We will send you a statement of your loan account at least every six months or more frequently if you request, This is a Standalone Relocation loan. You repay the loan in full when you sell your current home. No repayments are needed until you sell your home, at which point you repay the Relocation Loan in full. The balance you pay off will include interest, which is capitalised into the loan during the loan term. Although not required, you can make additional lump sum payments at any time.
Loan Purpose: OWNER_OCCUPIED
Tier: LVR above 80%
Lending Establishment Fee UPFRONT : 600.00
LVR above 80% INTEREST_ONLY
VARIABLEDT Modified:2024-06-03