Loans
Download Schedule of Fees and Charges and Free Services (PDF)
Loans - Credit Union Fees/Charges |
|
| Establishment Fee |
|
| Personal, Consumer and Sharemarket Loans |
$50.00 |
Mortgage Loans (*see below)
*The Establishment fee may be varied during special promotions, so check with our Loans Department. The Establishment Fee will not be charged if the Loan Application is not approved or withdrawn or cancelled. |
*$500.00 |
| Progressive Drawdown Fee for Building Loans |
$200.00 |
| Change To Security |
$300.00 |
| Re-Negotiation Fee |
$300.00 |
| Loan Documentation Fee for new Mortgage Loans |
$165.00 |
| Mortgage Discharge Preparation Fee |
$75.00 |
| Mortgage Discharge Settlement Fee |
$150.00 |
| Loan Redraw Fee |
$10.00 |
General Consent Fee
Payable when the borrower applies for the Credit Union's consent to any matter relating to the loan contract or the mortgage (other than a matter for which a specific fee is payable). |
$100.00 |
| Default Notice Fee |
$10.00 |
| Excess Credit Limit Fee |
$10.00 |
| Loan Service Fee - Friendly Home Loan |
$10.00 per Month |
Loans - Charges/Expenses payable by the Member |
|
| Valuation Fee |
at cost |
| Mortgagee Protection Insurance (Units) |
at cost |
| Lenders Mortgage Insurance |
at cost |
Government Charges |
|
| State Government Debits Tax |
at cost |
| Stamp Duty |
at cost |
| Search Fees carried out by Credit Union |
at cost |
| Registration of Mortgage |
at cost |
| Registration of Release Mortgage |
at cost |
| Registration of Transfer |
at cost |
| Registration of Consent |
at cost |
| Land Titles Office Requisition Fee |
at cost |
| Contaminated Land Search |
at cost |
| Bill of Sale Search and Registration REVS |
at cost |
| Dishonoured Cheque Bank Fee |
$9.00 |
| Enforcement Expenses |
at cost |
Fees and charges stated may change from time to time. The Credit Union will notify Members of any increases to these fees and charges or the introduction of any new fees and charges at least 30 days before they take effect.
Government charges are subject to change without notice.
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