Changes to Offset Facilities (Effective 20 August)
What is changing?
In response to feedback from many of our broker partners, customers who apply for a variable rate interest based home loan (owner occupied) from 20 August will now be eligible for a Repayment Offset facility.
Additionally, requesting an offset facility will also be made easier for our customers by introducing business rules to align the existing offset facilities to specific home loan and repayment types.
This means the ST Goerge product is finally useful to someone that wants to convert the PPOR to an IP
ta
rolf
What is changing?
In response to feedback from many of our broker partners, customers who apply for a variable rate interest based home loan (owner occupied) from 20 August will now be eligible for a Repayment Offset facility.
Additionally, requesting an offset facility will also be made easier for our customers by introducing business rules to align the existing offset facilities to specific home loan and repayment types.
This means the ST Goerge product is finally useful to someone that wants to convert the PPOR to an IP
ta
rolf