$2,000 Refinance Cashback
Your clients could receive a $2,000 cashback1 per property when they refinance their home loan to Westpac. Available on Premier Advantage Package# and Flexi First Option Home loan for Owner Occupier with Principal & Interest repayments and Investment Loans. Refinance applications submitted by 31 July 2020 and settle by 30 September 2020.
$250k min loan per property refinanced. $395 annual package fee. Excludes refinances from within Westpac Group.
propper 6 Months Free Property Management Offer
Full-service property management agents, propper, are offering Westpac home loan customers 6 months free6 property management when you join propper between 25 May 2020 and 25 August 2020, in selected metro and regional areas. Click here to apply.
Things you should know
Credit criteria, fees and charges apply. Terms and conditions available on request. Based on Westpac’s credit criteria, residential lending is not available for Non-Australian Resident borrowers. Tax consequences may arise from these promotions for investors and customers should seek independent advice on any taxation matters.
The above rates exclude any LVR discounts available for new loans.
Fixed interest rates: Interest Rates displayed are for Australian residents only. The Bank will apply the fixed rate that is available at the loan settlement date. At the end of the fixed rate period the interest rate will convert to the applicable variable home loan interest rate unless a new fixed rate term is selected and then the fixed rate is determined two business days prior to the refix.
^The comparison rate is based on a loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
#Premier Advantage Package Conditions of Use and $395 annual package fee applies. Your clients must either hold or be approved for a Westpac Choice account in order to qualify and continue to receive the benefits of the Premier Advantage Package. Before deciding to acquire a Westpac Choice account, they should read the terms and conditions, and consider whether the product is right for them.
Premier Advantage package Conditions of Use (PDF 56KB)
1 $2,000 Refinance Cashback: For new home loan refinance applications submitted from 23 September 2019 and 31 July 2020, with loan settled by 30 September 2020. Offer current as at 23 September 2019. Offer may be varied or withdrawn at any time. Offer available on the Premier Advantage Package and Flexi First Option Loans for Owner Occupier with Principal and Interest repayments and Investment Loans. $250k min loan per property refinanced. Only 1 cashback per property refinanced will be paid regardless of the number of loans involved. Excludes switches and refinances of home loans within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. Offer not available for Owner Occupier Interest Only loans or residential lending originated under family or company trusts. The cashback will be paid into a Westpac Choice transaction account within 60 days of settlement. The transaction account must be linked to the home loan at the time of settlement, and kept open for 60 days after settlement. Offer available on the Premier Advantage Package and Flexi First Option Loans for Owner Occupier with Principal and Interest repayments and all Investment Loans. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.
2 Flexi First Option Home Loan: Offer commences 5/06/2020 and may be varied or withdrawn at any time. This offer is only available on new Flexi First Option Home Loans with principal and interest repayments. Rate includes a 1.14% p.a. discount off our Flexi First Option Home Loan Principal & Interest repayment Variable Rate for the life of loan. Excludes internal refinances or switches within the Westpac Group, which includes refinances from Westpac, St.George, Bank of Melbourne, BankSA and RAMS. Not available to company and trust account holders. Offer cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discount. Interest rate is subject to change.
3 Flexi First Option Home Loan: Offer commences 5/06/2020 and may be varied or withdrawn at any time. This offer is only available on new Flexi First Option Home Loans with interest only repayments. Rate includes a 0.53% p.a. discount off our Flexi First Option Home Loan Variable Rate for the Life of Loan. Excludes internal refinances or switches within the Westpac Group, which includes refinances from Westpac, St.George, Bank of Melbourne, BankSA and RAMS. Not available to company and trust account holders. Offer cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discount. Interest rate is subject to change.
4 Flexi First Option Investment Loan: Offer commences 5/06/2020. This offer is only available on new Flexi First Option Investment Property Loans with principal and interest repayments. Rate includes a 1.29% p.a. discount off our Flexi First Option Investment Property Loan Principal & Interest repayment Variable Rate for the life of loan. Excludes internal refinances or switches within the Westpac Group, which includes refinances from Westpac, St.George, Bank of Melbourne, BankSA and RAMS. Not available to company and trust account holders. Offer cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discount. Interest rate is subject to change.
5 Flexi First Option Investment Loan: Offer commences 5/06/2020. This offer is only available on new Flexi First Option Investment Property loans with Interest Only. Includes a 1.35% p.a. discount off our Flexi First Option Investment Property Loan Interest Only repayment Variable Rate for the life of loan. Excludes internal refinances or switches within the Westpac Group, which includes refinances from Westpac, St.George, Bank of Melbourne, BankSA and RAMS. Not available to company and trust account holders. Offer cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discount. Interest rate is subject to change.
6 Westpac home loan customers receive 6 Months Free Property Management: For full terms and conditions on propper’s offer, click here.
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