Hi OzBargainers,
I hope you are all well!
As a Premium NAB Broker we have been given exclusive insight in to their new industry leading 4 year fixed rate for Owner Occupied loans at 1.98%.
In addition to this NAB are also offering a $2,000 refinance rebate. Please see rates below:
Owner Occupied
Fixed term Old rate Comparison rate Change New rate Comparison rate
1 year 2.29% p.a. 4.17% p.a. -0.10% 2.19% p.a. 4.17% p.a.
2 year 2.19% p.a. 4.02% p.a. -0.10% 2.09% p.a. 4.00% p.a.
3 year 2.29% p.a. 3.91% p.a. -0.20% 2.09% p.a. 3.86% p.a.
4 year 2.79% p.a. 3.95% p.a. -0.81% 1.98% p.a. 3.69% p.a.
A home loan comparison rate assumes:
- Loan of $150,000
- 25 year loan term
- Principal and interest repayments
Any refinances through Azura Financial will receive the following additional rebates per security:
- $500,000 - $800,000 = $500
- $800,000 - $1,000,000 = $750
- $1,000,000 - $1,500,000 = $1,000
Rebates Are Paid Net of Offset/Redraw Post Settlement
Current lender rebates available:
ANZ - Get a rebate of up to $1,000 on your conveyancing costs if you’re an eligible first home buyer (including recipients of State or Territory government first home buyer concessions) Only available for home loans of $250,000 or more. Must apply after 1 October 2020 and 31 July 2021. Eligibility criteria and T&Cs apply.
Commonwealth Bank - Get $2,000 cashback when you refinance your eligible home loan with CommBank. Available for owner occupied (principal and interest), investment loans and Viridian lines of credit. Minimum refinance amount of $250k applies. Applications must be received by 31 October 2020 and loan funded by 31 December 2020. T&Cs apply.
Newcastle Permanent - Get $2,000 cashback when you refinance your eligible home loan with Newcastle Permanent. Available for both owner occupied and investment home loans. Minimum loan size of $250,000, and maximum LVR of 80%. Applications must be made by 30 November 2020 and loan must be funded by 31 January 2021. T&Cs apply.
St.George Bank - Get $4,000 cashback on the first property refinanced and $2,000 for any additional securities when you refinance your home loan with St. George Bank. For new owner occupier loans with principal and interest repayments and investment loans. Available on Advantage Package and Basic home loans. $395 annual package fee. $250k min loan per property refinanced. Excludes Portfolio Loans, switches and refinances from within Westpac Group. Applications must be received by 30 September 2020 and loan settled by 30 November 2020. T&Cs apply.
Suncorp - Get up to $4,000 cashback when you refinance your home loan with Suncorp. Get $2,000 cashback when you refinance between $250k and $749,999.99 with an LVR of 90% or less, or get $3,000 cashback when you refinance $750,000 or more with an LVR of 90% or less. Receive an extra $1,000 cashback if you’re a teacher, health worker, or another eligible occupation. Must apply by 30 September and settle by 29 December. T&Cs apply.
Virgin Money - Get $2,500 cashback when you refinance with a Virgin Money Reward Me Home Loan. Available on new refinance applications received between 18 May 2020 and 29 Novemeber 2020 for eligible new fixed rate owner occupied principal and interest refinance loans settled by 29 November 2020. Minimum loan amount $300,000 and up to 80% loan-to-value ratio. Not available for Interest Only lending or refinancing or restructuring existing Virgin Money home loans. Check with Virgin money for full T&Cs.
Westpac - Get $2,000 cashback with a bonus $1,000 on one additional security when you refinance your home loan with Westpac. Available on Premier Advantage Package and Flexi First Option loans. $250K min loan per property. $395 annual package fee applies. Must apply by 30 September 2020 and settle by 30 November 2020. Excludes switches and refinances of home loans within Westpac Group. T&Cs apply.
If you are looking to take advantage of the New Homes Grant we can still currently secure spots on this scheme all around Australia.
Please feel free to email me at [email protected] or text/call me on 0422 699 383 and I would be happy to answer all finance related questions. We do work with a panel of over 40 lenders and will be able to find a home loan tailored to you.
If you have been kicked back by and lenders or brokers please allow me to run your scenario again through a more diverse panel of lenders and see if I can be of assistance.
Kind Regards,
Nicholas O’Sullivan
ACL: 389328
Azura Financial
Isn't westpac $3k cash back?