Westpac-deals

$2,000 Refinance Cashback

by with No Comment Special-deals

$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.

anz-deals

CHANGES TO ANZ’S HOME LOAN SWITCHING CASHBACK DISCRETION

by with No Comment Special-deals

Effective 1 June 2020, ANZ home loans switching cashback discretion will be updated. For eligible customers refinancing $250,000 or more from an OFI (which may include some additional new lending), a cashback amount of $3,000 will be available.

Please note the eligibility criteria for cashback discretion include brokers submitting an OFI Refinancing Payment form for the customers they have offered cashback (once their loan has drawn down), and that the cashback amount must be paid to an eligible ANZ transaction account.

This updated discretion replaces any existing ANZ switching cashback arrangements (from 1 June 2020). If your customer submitted their application at the time a previous ANZ switching offer applied, they will remain eligible for cashback under that previous offer (subject to satisfying applicable terms and conditions).

Eligibility criteria

  • Loan applications must be submitted between 1 June 2020 and 31 August 2020
  • Loans must be drawn down by 30 November 2020
  • See below the lending tiers and cashback amounts:

New to ANZ Lending^Switching amount available
At least $150,000 but less than $250,000$1,200
$250,000 or more$3,000

^New to ANZ Lending must include home lending refinanced from an OFI. New to ANZ Lending may also include additional new lending.

Important note: ANZ’s home loans switching cashback discretion can be varied by ANZ from time to time and may be withdrawn at any time.

Refinance ComponentMust include an OFI Home/Residential Investment Loan
Maximum Number of Cashback Payments1 per customer within any 12-month period

This switching cashback offer is not available in conjunction with any other advertised switching offers (but is available in conjunction with any special interest rates discounts available to the customer)
Eligible Home LoansANZ Standard Variable Rate LoanANZ Fixed Rate LoanANZ Simplicity PLUS LoanANZ loan product which permits a borrower to draw down credit progressively for the purchase and/or construction of a property or a homeANZ bridging loanResidential loans in a company nameResidential loans in the name of a trust
Cash Back AccountMust be an ANZ Transaction Account (cannot be OFI/Cheque)
Ineligible Home LoansEquity ManagerOther lines of Credit
Other ExclusionsNon-Credit Critical (NCC) ApplicationsInternal ANZ Refinances (e.g. New Loan containing the same borrower(s))Credit Cards and Personal Loans

Please note: cashback payments are regularly monitored to ensure appropriate use.

How to process the switching cashback discretion?

  1. Check customer satisfies the full eligibility criteria above
  2. Complete the new OFI Refinance / Customer Payment form available on the Broker Portal for each eligible customer and email the form to ANZ Mortgage Servicing post drawdown

 

stgeorge-deals

$2,000 Refinance Cashback

by with No Comment Special-deals

$2,000 Refinance Cashback+

Offer Details

  • For new refinance applications received between 23 September 2019 to 31 July 2020 and settle by 30 September 2020.
  • Offer available on the Advantage Package and Basic Home Loans for Owner Occupier with Principal and Interest repayments and Investment Loans. 
  • Offer current as at 23 September 2019.
  • Offer may be varied or withdrawn at any time.
  • $250k min loan per property refinanced.
  • The $2,000 Refinance Cashback will be paid for every property that is refinanced to St.George with minimum lending of $250,000 per property.
  • Excludes Portfolio Loans, switches and refinances of home loans within the Westpac Group which include St.George, Westpac, BankSA and RAMS.
  • Offer not available for Owner Occupier Interest Only loans or residential lending originated under family or company trusts.

Advantage Package

  • Advantage Package Terms and Conditions apply. A $395 annual package fee applies and is payable from an eligible St.George transaction account. Applicants home loan repayments must be direct debited from this transaction account. Read the St.George transaction account terms and conditions and consider if the product is right for you. 

Refinance Cashback

  • The cashbacks will be paid into a St.George 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.
  • Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.

suncorp-deals

Refinancing customers can get up to $3000 cash bonus

by with No Comment Special-deals

Residential current offers

More value, across all lending needs

New Cash Bonus Offers

Please refer to the following important documents

Eligibility of both Offers:

To be eligible, the approved loan/s must satisfy the following

  • Regulated Retail Home Lending
  • Minimum new home loan amount of $250,000, with the purpose of Refinance from an external financial institution  
  • Application fully received between Friday 15th May 2020 and Friday 10th July
  • Settlement on or before Tuesday 10th November 2020
  • Standard Variable, Back to Basics Variable and Fixed Rate Home Loans
  • Loan to Value Ratio (“LVR”) including Lenders Mortgage Insurance (“LMI”) is less than or equal to 90%

Available on;

  • Personal/Owner Occupied & Investment lending
  • Principal and Interest or Interest Only

Refinance Cash Bonus Offer (1) – how much is the customer eligible for?

  • >= $250,000 will receive $2,000, or
  • $750,000+ will receive $3,000

Frontline Extra Cash Bonus Bonus Offer (2) – for eligible occupations

  • >= $250,000 will receive a total of $3,000 or;
  • $750,000+ will receive a total of $4,000

Campaign Codes – please enter into Apply Online 

$250,000-$749,000 use CASHBONUS250

$750,000+ use CASHBONUS750

If also eligible add EXTRA to the above.  e.g. CASHBONUS250EXTRA

Interest Rate Special Offers

Special Offer Interest Rates – Need to Know

  • All interest rate offers are for eligible new home lending over $150,000
  • Pre-approvals are not eligible for Special Offers, unless converted during eligible dates. 
  • The interest rates quoted below are inclusive of a discount margin which is deducted from the Standard Interest Rate. View the Interest Rate Guide shown on the Home Loan Interest Rates tab for a full list of standard interest rates. 

COMMONWEALTH-Bank-WEB

$2,000 OFI Refinance Cashback Offer Extended

by with No Comment Special-deals

We are offering a Refinance Cashback of $2,000 to customers who refinance their home loan from another financial institution to CommBank.

Applications must be submitted by close of business on Monday 3 August 2020, with loans funded by 11.59pm AEST on Friday 9 October 2020. Additionally Owner Occupied Interest-Only customers who fund on or from Tuesday 7 April 2020 will now be eligible for the cashback. 


Eligibility

►Owner Occupied Home Loans; and 
►All Investment Home Loans; and
►All Lines of Credit.


Criteria

►Applications must be submitted by close of business on Monday 3 August 2020, with loans funded by 11.59pm AEST on Friday 9 October 2020. Additionally Owner Occupied Interest-Only customers who fund on or from Tuesday 7 April 2020 will now be eligible for the cashback. 
►Customers must refinance their eligible Home/Investment Home Loan from an OFI.
►The refinance amount from the OFI must be $250,000 or more. New money and Top Up applications are not included in the $250,000.
►Refinancing of an existing CommBank or Bankwest Home/ Investment Home Loan is not eligible for this offer.
►Limit of one $2,000 cashback payment per borrowing entity and per customer.
►We will credit the $2,000 cashback amount only to a CommBank Transaction Account within two weeks of loan funding.
►We will not combine the $2,000 cashback offer with our MAV fee waiver.


Process

►Customers with eligible applications will automatically receive the cashback payment. You no longer need to complete a request in the Home Loan Pricing Tool (HLPT) for the customer to receive the $2,000 OFI Refinance Cashback offer.
  

Note
►This offer replaces the existing $1,250 OFI Refinance Cashback Offer.
►If the customer is completing a Bridging Loan application at the same time as the refinance application, they are not eligible for the $2,000 OFI Refinance Cashback Offer.
►We reserve the right to terminate the offer at any time.