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State Custodians Home Loans

Since 2007, State Custodians has set out with a simple mission to provide Australians with a real alternative to the big banks. State Custodians are an online-only lender with a large range of home loan options which are suitable to all borrowers. State Custodian loans are backed by RESIMAC Limited who have been funding home loans in Australia for over 30 years.

State Custodians has won numerous awards and been recognised as the 2015 Non-Bank Lender of the Year by Money magazine five years in a row.

State Custodians Home Loan Calculator
Interested in an State Custodians home loan? RateCity has a suite of calculators that can show you what your repayments would be and how State Custodians compares to its competitors. Simply plug in your borrowing amount below. 

State Custodians Line of Credit

The State Custodians Line of Credit Loan lets you use the equity in your home to access a line of credit which can be used for investments or home improvements.

This Line of Credit Loan lets you borrow up to 90 per cent of the value of your own home or investment property. Much like a credit card, you only pay interest on the funds you use and not the total loan amount which gives you the flexibility to use the funds as and when you need them.

Borrowers can pay interest-only for five years, after which the line of credit loan reverts to principal and interest payment for the remainder of the loan.

This Line of Credit Loan has a maximum loan amount of $2,000,000 and comes with a moderate to high annual fee. This loan has no offset account but does have a redraw feature and additional repayments can be made at any time.

View Home Loan Details

Home Loans from State Custodians

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Pros
  • State Custodians offer a variety of home loan products.
  • Flexible loan options.
  • Award winning loan products.
Cons
  • No branch network.
  • Some products include fees.
Customer Service

Home loan customers can contact State Custodians calling the customer support line, emailing customer support directly or via the online chat function. As State Custodians is an online only lender there is no branch network.

✓     Customer service centre (phone)

✓     Online banking

✓     Email

✓     Live Chat

Applying and Eligibility

Customers wanting to apply for a State Custodians loan can apply by filling out a pre-qualification application online or by calling the bank. Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income.

You will also need to provide documentation when applying for a home loan. This will include:

  • Name and contact details of each borrower.
  • Income & expenses.
  • Existing property details and liabilities.
  • If you’re self-employed you will need to include the last two Business Activity Statements (BAS), three months of business bank statements and a letter of verification from an accountant.
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