St George Mortgage Lender

St George Mortgage Lender

St George Mortgage Lender, more known as St. George Bank, was founded in 1937 and gained full bank status in 1992. The fifth largest bank in Australia, it also belongs to the top 20 publicly listed companies in the Australian stock exchange.

St George Mortgage Lender focused on house financing and provided a variety of other personal banking services, like credit cards, investment planning and car loans. They have several options under their home loans:

1. Introductory Rate Home Loan - St George Mortgage Lender's Introductory Rate Home Loan offers an introductory lowered variable interest rate for a set period. The standard variable interest rate is applied after.
2. Basic Home Loan -- St George Mortgage Lender's Basic Home Loan boasts of low variable interest rate, the capability to redraw anytime needed and no monthly fees.
3. Fixed Rate - St George Mortgage Lender's Fixed Rate Loan secures monthly payment even with increasing market interest rate.
4. Standard Variable Rate Home Loan -- St George Mortgage Lender's Standard Variable Rate Home Loan offers a 100% interest offset facility that saves on interest incurred, lower interest rates, and easy redraw facilities.
   
5. Portfolio Loan -- St George Mortgage Lender's Portfolio Loan creates a line of credit wherein the borrowers can consolidate banking transactions into one home loan transaction.
6. Low Doc Home Loan St George Mortgage Lender's Low Doc Home Loan is a loan facility for self-employed borrowers, which requires minimal documentation.
7. No Deposit Home Loan -- St George Mortgage Lender's No Deposit Home Loan offers a no-deposit purchase of a desired property.
8. Seniors Access -- St George Mortgage Lender's Seniors Access is a facility for senior citizens to use funds from equity in their property.
9. Relocation Home Loan -- St George Mortgage Lender's Relocation Home Loan provides fund for purchasing a new home, while still selling an old one.
10. Construction Home Loan -- St George Mortgage Lender's Construction Home Loan provides funds for the construction of new homes. Money dole outs are given only after each construction milestone.