Minimum redraw amount of $1,000 and $50 fee applies for each redraw.
If loan proceeds are progressively drawn a fee of $100 will apply for each draw down.
An initial valuation will be conducted when applying for the loan, 10 years after disbursal and every 5 years thereafter. The cost of the initial valuation will be covered in the application fee and subsequent valuations costs will be passed on to the customer.
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