Fee is payable for providing credit assistance. This fee is charge in two parts.
This fee is relevant to scenarios where the applicant(s) require short term finance for situations such as renovating and reselling a property; bridging finance; equity loans or any other scenario where the finance provided remains undrawn on a loan (sitting in an offset account) or repaid within 24 months of the settlement date.
$499 (GST inclusive) payable upon return of application documentation and this signed credit quote.
Balance of $2,000 (GST inclusive) payable upon settlement of the loan application.
Should your intentions with the loan change and the loan is still be in place with us after 24 months, the $2,000 fee will be refunded to your nominated account.