Third-Party
OzBargain
Hi OzBargainers! As an EOFY special, we're currently offering an in-house cashback of $1k for purchases - please quote the code 'OzBargain' to our brokers to obtain this deal.
This offer applies to utilised lending (net of offset and redraw) greater than $500k, for all purchase applications submitted until June 30 2021. The cashback will be paid in two tranches, half at 12 months post-setltement and the other half at 24 months. Only one broker cashback per client.
Discretionary Purchase Pricing
Our current best discretionary offers are as follows, not that for these products we obviously cannot name the lenders involved, but they are all via major ADI bank lenders. Note that our broker cashback is in addition to the listed lender cashbacks.
In addition to the below, we also have access to competitive 85% no LMI products as well as industry specialisation LMI waivers up to 90% for accounts, solicitors etc, and up to 85% for medical professionals.
Owner Occupied Purchases
| Description | Rate from | Comparison | Lender Cashback |
|---|---|---|---|
| 1 Year Fixed | 1.89% pa | 2.99% pa | Up to $4,000 |
| 2 Year Fixed | 1.89% pa | 2.94% pa | Up to $4,000 |
| 2 Year Fixed | 1.74% pa | 2.94% pa | No cashback |
| Variable | 2.19% pa | 2.24% pa | Up to $4,000 |
Investment Purchases
| Description | Rate from | Comparison | Lender Cashback |
|---|---|---|---|
| 1 Year Fixed | 2.19% pa | 3.29% pa | Up to $4,000 |
| 2 Year Fixed | 2.19% pa | 3.24% pa | Up to $4,000 |
| Variable | 2.39% pa | 2.44% pa | Up to $4,000 |
Interest Only Purchases
| Description | Rate from | Comparison | Lender Cashback |
|---|---|---|---|
| 1 Year Fixed | 2.39% pa | 3.59% pa | Up to $4,000 |
| 2 Year Fixed | 2.39% pa | 3.49% pa | Up to $4,000 |
| Variable | 2.69% pa | 2.74% pa | Up to $4,000 |
Requirements:
- Lender cashback offers currently require application submission by 31 May 2021 and settlement by 31 August 2021, but may be extended.
- Lending > $500k for $3k lender cashback
- Lending > $750k for $4k lender cashback
- Subject to lender policy approval
- Variable product is basic without an offset account, add 0.2% (P&I) / 0.3% (IO) for offset
Most Competitive Refinance Offers
All of the above rates and lender cashbacks are also applicable for refinances, and in addition we would note the following:
- St George 2 Year Fixed Owner Occupied - 1.79% pa (3.33% CPR) + $4,000 refinance cashback
Comparison Rates
Any quoted comparison rate is only true for the example given and may not include all fees and charges. Different terms, loan amounts or fees may result in a different comparison rate. Comparison rates are based on a loan amount of $150,000 over a loan term of 25 years.
HOW TO APPLY
Our team is here to help, and will work to ensure we obtain the best pricing discretions possible for any variable rates. You can lodge an enquiry via our platform here - https://loanbase.com.au/compare-home-loans-fva, or contact one of our brokers directly with their details below:
Eric Cheng, Email: [email protected], Calendar link: https://calendly.com/loanbase-eric/quickchat
Linda Ngheim, Email: [email protected], Calendar link: https://calendly.com/linda-nghiem
Andrew Loucas, Email: [email protected], Calendar link: https://calendly.com/loanbase-andrew/quickchat
Leo Gonzales, Email: [email protected], Calendar link: https://calendly.com/loanbase-leo/initial
Loan Base Pty Ltd (ABN 95 162 141 915) · Australian Credit Licence Number 508 308
Head Office: Level 1, 1-5 Link Road, Zetland, NSW, 2017. Phone: 1300 512 377.
What does it mean by purchases? New loan only? No refinance?