RBA announced another cash rate hike by 0.5% today, 05/07/2022. This will be ongoing for a while until inflation is stabilised. An additional $2k cashback for St George’s existing clients who are going to sell and borrow again with St George.
Please note that St George is very slow at the moment and it is not suitable for urgent applications.
If this loan is not suitable, we can also access to other banks with good rebates for both refinancing and purchases.
Cashback condition:
$4k cashback eligible refinance applications received between 8 December 2021 to 31 July 2022 and settled by 31 October 2022 with minimum $250k loan and LVR under 80% LVR.
$2k cashback offer to reward loyalty amongst St George’s existing clients who are selling their existing security property and purchasing their next property with St. George. The offer is available to existing Owner Occupier or Residential Investment Loan customers who both:
- Apply for a new St.George loan (not Refinances) between 30 May 2022 and 30 September 2022; and settle on that new loan by 31 December 2022, and sell an existing St.George security property between 1 March 2022 and 31 December 2022.
Rates highlight:
Variable rates offer below come with discount over the life of the loan.
Rates are changing constantly and we will confirm prior to application.
Owner occupied P&I with comparison rate (CR)
Basic variable with redraw 2.84% CR 2.86% at <60% LVR
Basic variable with redraw 2.89% CR 2.91% at 60%-80% LVR
2 year fixed at 4.79% under package fee of $395 under 80% LVR
Investment P&I with comparison rate (CR)
Basic variable with redraw 3.24% CR 3.26% at <60% LVR
Basic variable with redraw 2.89% CR 2.91% at 60%-80% LVR
2 year fixed at 4.99% under package fee of $395 under 80% LVR
Comparison Rates:
Each comparison rate is based on $150,000 over 25 years. These comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates.
Other refinancing rebates available:
CITIBANK – up to $6,000 cashback when you refinance your home loan before 31 Jul 2022 T&Cs apply.
AMP – up to $5,000 cashback when you refinance your home loan before 31 Jul 2022 T&Cs apply.
ING - $3,000 cashback when you refinance your home loan before 31 Jul 2022 T&Cs apply.
BANKWEST - Get up to $2,000 cashback when you refinance your home loan until 31 Feb 2023 T&Cs apply
SUNCORP - Get up to $4,000 cashback when you refinance your home loan by 30 Nov 2022 T&Cs apply
See also here for broker $500 Rebate offer
My Profile:
Ex CPA accountant for over 10 years before becoming a full-time mortgage broker for over 8 years now and steaming ahead.
Contact me for a no obligation meeting via Calendly or call me directly.
https://calendly.com/james-sim
James Sim - Senior Mortgage Broker
M: 02 8319 4862 / 0487 000 098
E: [email protected] or [email protected]
W: https://www.nectarmortgages.com.au/project/james-sim/
Australian Credit License number 387856
Recent review: Won National Top Broker for customer service award 2021
Citibank offer for new purchases as well?
Have you got LVRs wrong way around here?
"Investment P&I with comparison rate (CR)
Basic variable with redraw 3.24% CR 3.26% at <60% LVR
Basic variable with redraw 2.89% CR 2.91% at 60%-80% LVR"