What do you need to know about WestPac home loan?
What do you need to know about WestPac home loan?
Westpac’s home loan lending criteria and terms and conditions apply. An establishment charge may apply. A low equity margin may apply. An additional fee or higher interest rate may apply to home loans if the application is accepted but does not meet the standard lending criteria.
Can a volunteer firefighter get a WestPac home loan?
Are you a volunteer firefighter? You may be able to pause your Westpac Home Loan repayments for up to 3 months**. Call us on 1800 067 496 for more details. T&Cs apply. Find out more *Comparison rate: The comparison rate is based on a loan of $150,000 over the term of 25 years.
What does LVR stand for on WESTPAC loan?
LVR stands for the initial loan to value ratio at loan approval. LVR is the amount of your loan compared to the Bank’s valuation of your property offered to secure your loan expressed as a percentage. A $395 annual package fee applies to loans on the Premier Advantage Package. # What are the interest only in advance rates for new customers?
Do you have to have a WestPac choice account?
You must either hold or be approved for a Westpac Choice transaction account in order to qualify and continue to receive the benefits of the Premier Advantage Package. Applicants must have a Westpac Choice transaction account linked to the home loan at the time of settlement and must keep this account open for 60 days after settlement.
What’s the interest rate on WESTPAC family security guarantee?
The term deposit rate applicable is the standard advertised rate. Interest will be paid monthly or annually on deposits from $5,000. The maximum deposit amount is 20% of the guaranteed loan value. It’s available to personal customers only, and will be held as a Family Security Guarantee against a home loan.
When is Westpac going to be sold to Kina bank?
Westpac Group has announced the sale of its Westpac Pacific businesses; Westpac Bank – PNG – Limited and Westpac Fiji, to Kina Bank, subject to local regulatory and Kina shareholder approvals. The transition is expected to take place in the latter part of 2021.
When is the best time to call Westpac mortgage manager?
Our Mobile Mortgage Managers can come to you, when it suits you best. Call us any time from 8am – 6pm weekdays, 9am – 3pm Saturday. Make an appointment to talk to a home loan expert in branch.