MyStateBank Update

03rd Dec, 2021 | Branch News 7 December 2021, Lender Updates

In this article:
Key settlement processing cut-off times.

MyStateBank’s Mortgage Settlement Processing Cut-off Dates for Christmas 2021

Please ensure both you and your teams are aware of MyState Bank’s end of calendar year mortgage settlement processing cut-off dates prior to the 24th of December 2021.

Key settlement processing cut-off times:

  • Formal Approval – documents received no later than 5:30pm (AEST) 8 December 2021. This is a fully approved loan with all conditions met and mortgage documents issued.
  • Documents returned – no later than 5:30pm (AEST) 15 December 2021. This is all loan and mortgage documents signed and returned for settlement. 

For any applications that may fall outside these key settlement processing cut off times, the team at MySateBank will aim to complete these on a best endeavours basis.

If you have any questions, please reach out to your MyState Bank Broker Relationship Manager.