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St George customers can borrow more

By webmaster 23 February 2011 | 1 minute read

Property buyers will now be able to borrow more with St George, with the bank re-introducing home loans up to 95 per cent LVR (loan to valuation ratio).

>“Quite a few lenders have made the move back to 95 per cent lending in recent weeks and we were determined to be equally competitive in the higher LVR space,” the bank’s Steven Heavey said yesterday.

The changes mean property buyers may be able to borrow up to 95 per cent of a property’s purchase price.

In addition to increasing its maximum lending, St George has also revealed it will offer a refinance rebate of up to $700 to any borrower that refinances with the bank.

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12 MONTH GROWTH

array(10) { [0]=> object(stdClass)#17394 (4) { ["postcode"]=> string(4) "2824" ["suburb"]=> string(6) "Warren" ["median_twelve_month_growth_percent"]=> string(15) "49.590163934426" ["link"]=> string(21) "/data/nsw/2824/warren" } [1]=> object(stdClass)#17400 (4) { ["postcode"]=> string(4) "2482" ["suburb"]=> string(11) "Mullumbimby" ["median_twelve_month_growth_percent"]=> string(15) "49.484536082474" ["link"]=> string(26) "/data/nsw/2482/mullumbimby" } [2]=> object(stdClass)#17417 (4) { ["postcode"]=> string(4) "2060" ["suburb"]=> string(8) "Waverton" ["median_twelve_month_growth_percent"]=> string(15) "49.183673469388" ["link"]=> string(23) "/data/nsw/2060/waverton" } [3]=> object(stdClass)#17410 (4) { ["postcode"]=> string(4) "3942" ["suburb"]=> string(11) "Blairgowrie" ["median_twelve_month_growth_percent"]=> string(15) "48.970747562297" ["link"]=> string(26) "/data/vic/3942/blairgowrie" } [4]=> object(stdClass)#17383 (4) { ["postcode"]=> string(4) "3740" ["suburb"]=> string(10) "Porepunkah" ["median_twelve_month_growth_percent"]=> string(15) "48.952380952381" ["link"]=> string(25) "/data/vic/3740/porepunkah" } [5]=> object(stdClass)#16544 (4) { ["postcode"]=> string(4) "5680" ["suburb"]=> string(11) "Streaky Bay" ["median_twelve_month_growth_percent"]=> string(15) "48.888888888889" ["link"]=> string(25) "/data/sa/5680/streaky bay" } [6]=> object(stdClass)#17418 (4) { ["postcode"]=> string(4) "2617" ["suburb"]=> string(5) "Bruce" ["median_twelve_month_growth_percent"]=> string(9) "48.671875" ["link"]=> string(20) "/data/act/2617/bruce" } [7]=> object(stdClass)#17399 (4) { ["postcode"]=> string(4) "2256" ["suburb"]=> string(9) "Koolewong" ["median_twelve_month_growth_percent"]=> string(15) "48.461538461539" ["link"]=> string(24) "/data/nsw/2256/koolewong" } [8]=> object(stdClass)#17382 (4) { ["postcode"]=> string(4) "2430" ["suburb"]=> string(8) "Failford" ["median_twelve_month_growth_percent"]=> string(15) "48.404993065187" ["link"]=> string(23) "/data/nsw/2430/failford" } [9]=> object(stdClass)#17409 (4) { ["postcode"]=> string(4) "6432" ["suburb"]=> string(15) "Victory Heights" ["median_twelve_month_growth_percent"]=> string(15) "48.222222222222" ["link"]=> string(29) "/data/wa/6432/victory heights" } }

Warren

49.59%
Mullumbimby

49.48%
Waverton

49.18%
Blairgowrie

48.97%
Porepunkah

48.95%
Streaky Bay

48.89%
Bruce

48.67%
Koolewong

48.46%
Failford

48.4%
Victory Heights

48.22%

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