Broker Policy
We’ve put some of the info you need about our Policy in one place. So now it’s simple to find tailored solutions for your St.George clients. Login to BrokerHub to find all our Policy.
Use this page to provide helpful information on our Home Loan Product & Policy options. It’s important to remember these Policy options are subject to approval and conditions may apply.
Credit Policy, at a glance
We now have handy Policy Quick Guides for First Home Buyer, Investor, Self-employed and Special Package clients for you to quickly check their eligibility***. Search "Quick-Guide" in BrokerHub to get your copy, today.
LMI* Waiver Policies
Max loan amount $5m ($7.5m total lending with LMI waiver). We will verify professional qualifications as part of your application. The following medical occupations are eligible for our 95% LVR+ LMI waiver with no minimum income requirement:
- Dentists
- General Practitioners
- Hospital-employed Doctors (Intern, Resident, Registrar, Staff Specialist)
- Medical Specialists
View our quick guides on BrokerHub for the following Policy:
Self-employed clients can be assessed under the Fast Track method, by providing latest two years’ individual ATO NOA for borrowing up to 80% LVR. Eligible Medico clients* can still get LMI waivers up to 95%. For non-Fast Track applications, we may accept the use of latest year income for servicing for those who meet the criteria.
Visit our Self-Employed page or our quick guide on BrokerHub to learn more.
Other Policy we support:
Eligible Emergency Services frontline employed applicants could have their overtime and allowances assessed at 100% (conditions apply). Eligible professions include:
- Fire Officers or Firefighters
- Police Officers
- Ambulance Officers or Paramedics
- Hospital employed Nurses, Doctors, Surgeons or Specialists
Credit policies and scenarios hotline
Call 1300 137 532 (select option 1, then option 5) for support with credit scenario questions.
Operating hours: Monday to Friday 8:30am - 5pm (ACDT) or 8:30am - 5:30pm (AEDT)
Need help but don't know where to start?
Important information
Conditions, credit criteria, fees and charges apply. Based on St.George’s credit criteria, residential lending is not available for Non-Australian resident borrowers. Interest rates subject to change. Before making a decision, it’s best to read the terms and conditions.
Loan Accounts – Charges for specific services and accounts (PDF 43KB)
This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the information to your own circumstances and, if necessary, seek appropriate professional advice.
This information's been prepared without taking your clients objectives, needs and overall financial situation into account. For this reason, your client consider the appropriateness of the information and, if necessary, seek appropriate professional advice. This includes any tax consequences arising from any promotions for investors and customers should seek independent advice on any taxation matters.
+LVR stands for the initial loan to value ratio at loan approval. LVR is the amount of your loan compared to the banks valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and don’t change because of changes to the LVR during the life of the loan. Any applicable LVR discount has been included in the advertised eligible rate.
*LMI waiver up to 90% LVR (min 10% deposit) for registered nurses and registered midwives earning a minimum annual income of $90,000. LMI waiver up to 95% LVR (min 5% deposit) may also apply to listed medical practitioners.
***For more detailed information on requirements and eligibility criteria, refer to the Credit Policy in BrokerHub.