Important changes to BankDirect Home Loans
BankDirect announces the following Home loan changes:
| Fee |
Current Fee |
New Fee |
| Home loan processing fee |
$400 |
$150 |
| Progress payment construction home loan processing fee |
$400 |
No change |
| Home loan top up fee |
$150 |
$99 |
| Home loan re-documentation fee |
$150 |
$50 |
| Demand fee |
$50 |
$125 |
| Rates demand fee |
$110 |
$25 |
| ERA administration fee |
$50 |
$20 |
| Alterations to security fee |
$200 |
$125 |
| Change parties to loan agreement or owners of a title fee |
$100 |
$125 |
| Registrations affecting land titles fee |
$100 |
$125 |
| Changes to priorities fee |
$100 |
$125 |
| Full settlement fee |
$100 |
$35 |
This change is effective from Wednesday 31 January 2018. Fees are subject to change.
At BankDirect we provide Home Loans to suit your needs. Check out these innovative home loan products:
- Shared Home Loans - for groups wanting to share the load of purchasing with friends, family or workmates
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