Loans

 

GSI has a proud history of assisting regional development in Gippsland. GSI was in fact borne out of a scarcity of lenders with the necessary confidence in Gippsland to back our local people and projects. At GSI, we’ve refined over 37 years a loan product renowned for its ease of use – you provide the freehold security and we’ll set a loan amount with all the flexibility you need. Our interest rates are always very competitive and above all, you’ll be treated on an individual basis and given all the assistance you need to make your project a reality.

 

Keith MacCubbin

Lending Manager

Mobile: 0419 366 708

The following comments are typical of those passed on from satisfied borrowers over the years:

 

A first-time subdivider:
"... it can’t be that easy,there must be more to it!"

 

 

 

The multi-unit developer:
“GSI knew the game and got it all done with no hold-ups along the way, meaning no delays in construction and no cost overruns or penalties to us”!

 

 

The borrower who purchased and refinanced with GSI:
“Instead of a 100-page loan document telling me what I can’t do, GSI’s paperwork was simple and extremely quick – our purchase was settled ahead of time!”

 

The cost conscious borrower...
“It’s nice to have a loan with no ongoing fees, so I can easily see the real cost of borrowing”

 

The borrower who didn’t fit the norm:
“My application didn’t tick all the boxes at the bank but GSI saw the merit in it, and in me, and approved

  • Mortgage secured loans for any purpose
    No ongoing fees
  • A simple flexible loan at a competitive rate (interest capitalisation and re-draw available)
  • One-on-one personal service from our Lending Manager, Keith MacCubbin
  • Local knowledge and expertise to help steer you through your first subdivision or property development
  • A proven commercial lender with over 35 years’ experience in Gippsland

Current Rates

At Call Accounts

AT CALL 4.0% pa
AT CALL
Min Deposit
$10,000		 4.5% pa

GSI Super Account (SMSF)

 6.6% pa


Fixed Term Investments

3 Months 6.6% pa
6 Months 6.4% pa
12 Months 6.8% pa
24 Months 6.7% pa

Rates effective from 23rd December 2008 and subject to change.

 

In accordance with ASIC Regulatory Guide 156, GSI makes the following disclosure:
GSI debentures are a non-bank investment that do not have a credit rating and no independent assessment has been made about the risk of loss to investors. Investments may only be made on an application form accompanying Prospectus No. 13 dated 10th January 2008. Copies of the Prospectus are available at any GSI branch or via this website.


Loans Available

PRINCIPAL & INTEREST OR INTEREST ONLY


Rates on Application