Application fees only are refunded in full post settlement is appliable
Application fees are refunded if the loan is not approved less $100 out of pocket expenses & cost of processing
Application fees are refunded if the security is unacceptable or does not meet valuation expectations less cost of valuation and $100 out of pocket expenses & cost of processing
Application fees are not refunded if the application is approved and does not settle
Cost of the first valuation above $300.00 and all subsequent valuations. Some valuations are not subsidized at all e.g. Plus, Flex, commercial, SMSF, NRAS, NDIS, discounted & non conforming loan applications.
Mortgage insurance
Outgoing mortgagees discharge fees
Fixed rate break costs
Settlement, establishment & risk fees
Penalty interest when contracts for a purchase where exchanged were exchanged prior to date of signed Mortgage Street’s application form.
Government fees
Legal costs
PEXA charges
Fees
Rate review
A full rate review assessment is a precondition to obtaining current offers & free
Cost of updating interest rates, internet banking & preserving commissions: $100 per split
Interest only
Interest only extensions attract a $300 special attendance fee per split
Partial discharges
Partial discharges are complex, expensive, slow & very time consuming
Partial discharges attract a $300 fee plus valuations at cost
Cross collateralisation of securities
We do not recommend unless it assists customers in obtaining an approval.
Internal refinances
Are permitted & supported
