St.George Bank FAQs

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Frequently Asked Questions

How long does St.George mortgage approval take?

Once you have provided St.George with your documentation, they will usually take around 24-48 hours to approve your loan.

What is the current interest rate for St.George Bank?

As of May 2020, the interest rate for fixed St.George loans is 2.24% p.a.

Does St.George pass rate cuts?

When the RBA made their emergency rate cut in March 2020, St.George cut their interest rate by 0.65% p.a.

How much can I borrow on a St.George Home Loan?

Your borrowing power will be dependent on a range of factors such as your credit history, the value of your property and your income. As well as this, the interest rate, term and type of loan will also come into consideration. You can calculate your borrowing power here.

How can I refinance a St.George Home Loan?

You can apply to refinance your St.George Home Loan here. If you need assistance, you can also contact a home lending specialist at St.George online or via telephone. As part of your application, you will be required to provide documentation such as existing home loan statements and your ID. A valuation will be varied out as well. After this, the approval and settlement stages will follow.

How much does a St.George Home Loan earn?

Currently, the interest rate for St.George home loans is relatively low. For 1, 2 and 3 year fixed rate loans, the interest rate sits at 2.24% p.a. You can compare St.George’s interest rates to other lenders.

How much to discharge a St.George Bank Home Loan?

If you wish to carry out a full discharge of your loan, you will need to provide a signed and fully completed discharge authority form. Alternatively, you can provide written instructions from a solicitor or conveyancer. St.George will then carry out the settlement process and instruct you on any further steps that must be taken.

How to access my St.George Home Loan account?

You can access your St.George Home Loan account via their internet banking facility. Find out more.

How to access redraw from a St.George Home Loan?

To access redraw from your St.George account, you must meet a minimum requirement for your home loan. You then must make a redraw request. Once this has been completed, you can access your redraw through St.George’s Internet or mobile banking facilities. Alternatively, you can complete a Home Loan Redraw form that can be handed to a St.George branch or emailed to St.George.

How can I add my Husband to my St.George Home Loan?

To add a spouse to your home loan, you will have to specify that you are married on your loan application and add them as a second applicant or trustee. If you have an existing loan, it is likely that you will have to refinance in order to add your husband to your home loan.