St George Spring Clean Loan Special 1.13% Introductory Discount

Posted on September 1, 2009, 11:06 pm, by admin, under Lender Loan Products, Mortgage News.

Starting 23 August 2009, St.George will be promoting the “Get 1.1 Steps ahead by choosing a St.George Advantage Package” as part of the annual Spring Home Loan campaign which will be available for a limited time only.

Borrowers can get ahead with St.George Advantage Package, which includes:

  • A discount of 1.13% Off the Standard Variable Rate for 12 months by applying for a Discount Variable rate loan as part of the Advantage Package (rolling onto the standard Advantage Package interest rate discount after 12 months).
  • $500 Switch Fee is being waived during the campaign period, so customers can move to an ongoing Advantage Package interest rate discount at no additional cost.
  • The offer is for a limited time only, and customers who take up the Discount Variable Rate product outside the campaign period will not have the $500 automatic switch fee waived at the end of the discounted interest rate period.

The key benefits of the St.George Advantage Package offer include:

  • 1.13% p.a. off the Standard Variable Rate for the first 12 months by applying for a Discount Variable rate home loan
  • Advantage Package interest rate discount after 12 months with no differentiated switch fee – a saving of $500, which equates to a significant additional saving in the first year of:
  • $150k $250k $500k
  • 0.33% 0.20% 0.10%
  • $0 Establishment Fee
  • $0 monthly loan administration fee including no monthly interest offset administration fee
  • $0 Annual Credit Card fee
  • $0 monthly transaction account administration fee
  • $0 phone and internet banking redraw fee

For more information on the St George Spring Clean Loan Special call MortgageCorp on (02) 8014 4288 or make an enquiry online by using our contact page

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