People also ask
How long does it take to discharge a loan?
Generally it takes between 14-21 business days to complete the discharge process. At one stage it took less time, around 10-14 business days, but these days more people are refinancing their home loan so there are more discharges taking place.
How long does it take to process settlement?
It's when ownership passes from the seller to you, and you pay the balance of the sale price. The seller sets the settlement date in the contract of sale. As a general rule, property settlement periods are usually 30 to 90 days, but they can be longer or shorter.
How do I close my ANZ offset account?
How do I close or change my account type? If you would like to close or change the type of account you currently have, you can either: Call 13 13 14 (within Australia) or +61 3 9683 9999 (if calling from overseas) between 8.00AM and 8.00PM. Visit your nearest local ANZ Branch.
Can I close an offset account?
No, you'll need to wait for your home loan to settle before you can close your offset account. Once your loan has settled, you'll need to contact us on 1800 007 722 (+61 2 8245 4383) for the account closure.
What are the disadvantages of an offset account?
Offset accounts are typically more expensive to own than most types of loans. The interest rate is usually higher, and there are also bank fees and charges that come with your account.
anz bank discharge authority