Refinance rebate of up to $3,500 for owner-occupied and investment loans

A major bank has just announced a fantastic rebate on refinances to the lender for both owner-occupied and investment loans.

Even in a tough credit market, some lenders are doing their best to attract new business. And this rebate opportunity has a wide range of eligibility requirements, giving more borrowers cash back just in time for Christmas.

Refinance rebate details

Loan amounts $250,000 to $700,000 receive up to $2,500

Loan amounts over $700,000 receive up to $3,500

You better be quick!

Loan applications must be submitted between 29 October 2018 and 31 December 2018 and drawn by 31 March 2019.

Terms and conditions

  • Available for new to bank refinanced Home and Residential Investment Loans with principal and interest repayments or interest only repayments.

  • Available for Standard Variable, Fixed, Residential Investment and Simplicity PLUS products. This includes products held under a Breakfree Package or (where available) in a company name.
    Note: Line of Credit Accounts (Equity Manager) are not eligible.

  • Customers must take out a minimum of $250k in new to bank lending. There must be a refinance portion to the loan.

  • Available to existing Home Loan or Residential Investment Loan customers refinancing an additional amount from another financial institution (total new lending must be at least $250k).

  • Your full financials will need review prior to acceptance of any offer or product. Subject to lender terms and conditions.

  • Customers can only receive one switching repayment within a 12 month period