Relocation Home Loan

Building or buying your dream home? The relocation loan is a bridging facility that will allow you to achieve this without the need to sell your existing home first. Interest is capitalised for up to 6 months for purchases and up to 12 months for constructions.


 

Product Features:

Home Loan Features
Redraw Facility : Yes, following sale of property
Establishment Fee : $250
Valuation fees : Yes
Annual Fee : $0
Monthly Fee : $0
Offset Account : Yes, following sale of property
Loan Repayment Insurance : Yes
Additional Repayments Accepted : Yes
Additional Repayments Fee : $0
ATM/EFTPOS Access : Yes
Maximum Amount : $1,000,000 and up to 80% of the value of property
Maximum Terms in Years : 1

Product Features:

Home Loan Features
Redraw Facility : Yes, following sale of property
Establishment Fee : $250
Valuation fees : At cost
Annual Fee : $0
Monthly Fee : $0
Offset Account : Yes, following sale of property
Loan Repayment Insurance : Yes
Additional Repayments Accepted : Yes
Additional Repayments Fee : $0
ATM/EFTPOS Access : Yes
Maximum Amount : $1,000,000 and up to 80% of the value of property
Maximum Terms in Years : Up to 12 months for sale and 30 years for remaining loan

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Footnotes:

  • 1 Insurance issued by QBE Insurance (Australia) Limited ABN 78 003 191 035 AFS Licence 239545 Terms, conditions and acceptance criteria apply. Cover limits and waiting periods apply as set out in the policy wording. This material does not take into account your personal needs, objectives and financial circumstances and you should consider whether it is appropriate for you. Please read the product disclosure statement available at www.geelongbank.com.au to decide if a product is right for you.