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Non-major bank waives annual fees


Non-major bank waives annual fees
By Annie Kane
18 May 2021
A non-major bank has announced that it is waiving the annual fee for new home loans for purchases and refinances under Home Package Plus, and first home buyers.
Suncorp Bank has announced that it will no longer charge annual fees on certain mortgage applications.
The bank has estimated that the move will save potential and current Suncorp borrowers $375 a year, or up to $11,250 over 30 years.
Previously, the annual fee waiver was only available for refinancing customers, but this has now been extended to new home loans for purchases, refinances and first home buyers, effective as of last Friday (14 May). ....

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Non-major bank waives annual fees for new refinancers


Non-major bank waives annual fees for new refinancers
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A non-major bank has said that it will waive annual package fees for new customers who move their owner-occupied or investor home loan to the bank.
Suncorp Bank has announced that it will waive its $375 annual package fees for mortgagors with a home loan valued at $250,000 or more (and a loan-to-value ratio of 90 per cent or under, including lender’s mortgage insurance) who move their home loan to Suncorp.
According to the bank, the move could save customers up to $11,250 over the life of the loan (based on a 30-year loan term). ....

Dylan Atherton , Suncorp Bank , Home Package Plus , Suncorp Spirit , டிலான் ஏதெர்டன் , சன்கார்ப் வங்கி , வீடு ப்யாகேஜ் ப்லஸ் , சன்கார்ப் ஆவி ,