Dear OzBargainers,
ubank notified us on 10 August that they have reduced Neat Home Loan (P&I) investment rates as below:
- Neat Home Loan Investment P&I 60% - reduce from 6.04% to 5.99% (CR 6.01% p.a.)
- Neat Home Loan Investment P&I 70% - reduce from 6.09% to 6.04% (CR 6.06% p.a.)
Those above investment rates are competitive in the current market.
However, bear in mind, ubank Neat home loan products do not come with offset accounts. If you prefer offset accounts, you need to choose Own home loan products, which is 0.05% higher for each bracket.
The following fees may apply:
- Setup fee - $250
- Valuation fee - $0. First valuation free up to $360 at cost thereafter
- Switch fee - $100. The fee applies to existing Neat home loans changing to an Own home loan type during the loan term. Charged to the customer at the time loan type is switched.
- Discharge fee - $300 per property
We also provide a lot of other products, please contact us or visit our website for more information.
No matter which bank you would like to go with, With Cashback, as your mortgage broker, always offers extra broker cashback to our customers (withcashback.com.au). The cashback amount from us will be 0.60% of the loan balance (No Cap). Our cashback will be paid to you at the following intervals from the settlement date:
- After Year 1: First 50% of the cashback to your nominated bank account.
- After Year 2: Remaining 50% of the cashback to your nominated bank account.
If you have any questions, feel free to contact us at:
Phone: 1300 685 008
Email: [email protected]
Website: www.withcashback.com.au
With Cashback Pty Ltd ACN 620 888 502 is registered with the Australian Securities and Investment Commission as an Authorized Representative number 502385 under FreedomLend Pty Ltd ACN 604 868 957, Australian Credit License 498325.
This any good?