Change your existing mortgage security

If you have provided a mortgage security against an existing St.George Home Loan, you can apply to release or change the security by completing an online Request to Amend Existing Mortgage Security form.

Who can use this form?

• Customers who have an existing St.George home loan (the 'mortgagor')
• Solicitors or Conveyancers acting on behalf of a client with a St.George home loan, and
• Other financial institutions advising of a Refinance from an existing St.George home loan.

Documents you’ll need

• Authorisation to act on behalf of the client with St.George
• Full names of mortgagor(s)
• Primary loan account number
• Address of Security Property(s)
• Clear understanding of mortgagor's intention:
  • Discharge the full loan, or
  • Discharge only part of the security provided against a loan, or
  • Substitution of one security for another against a loan, or
  • Repay a loan in full.
• Anticipated Settlement Date (if Discharging Loan)
• Instructions for disbursement of surplus funds (if applicable)
• Instructions for related accounts (i.e. close or retain where applicable)
• Your contact details (email, fax, phone, mobile).

What to expect

It should take up to 10 minutes to complete your request. If you leave your online request for more than 45 minutes it will expire and you’ll have to start again. To print your request you’ll need a printer attached to your computer.

Once your request has been successfully submitted, you’ll receive an automatic email (to the email address you have provided) indicating your request ‘case number’.

Fees

If your request is accepted, fees will apply.

Fees
Mortgage Discharge Fee (including partial discharge)	$250 per mortgage
Partial Discharge Assessment Fee (payable when you discharge part of a real property mortgage security)	$150
Discharge Settlement Processing Fee (Payable on loans approved from 2 March 2008 that are discharged and refinanced to another financial institution)	$100

Other fees and charges and apply. See a complete list of fees & charges.