Received an email on an exclusive home loan refinance offer from Joust, recommending a company called Nano.
The offer appears quite competitive, with their variable discounted interest rate at 2.04% currently (with the 0.15% discount), which seems to be better than the digital banks mentioned above. No ongoing fees, meaning their comparison rate is also 2.04%.
- Minimum income : $150k
- Maximum LVR : 65%
- Refinance only
- Owner-Occupier and Investment available (higher rates for investment 2.44%)
- Good credit rating
- Australian citizen only
There isn't too much information apart from that. While I'm not in a position to refinance my mortgage, I thought it may be of interest to others. On the one hand, I don't think this deal will be for everyone, as
it lacks some features I can't do without, such as offset account or ability to redrew [edited - It would appear they do have an offset account], but for those people who may not have these it may definitely be worthwhile.