Citibank has extended their cashback offer to 30 September 2022 and loan is to be settled by 31 December 2022. Citibank is officially owned by NAB. Great cashback, fast turnaround time and variable rates for both refinance AND purchase applications.
Cashback’s conditions are:
$3,000 cashback offer where the amount is between $350,000 - $750,000
$4,000 cashback offer where home loan amount is between $750,000 - $1,000,000
$6,000 cashback offer where home loan amount is $1,000,000 or more
Applicable for new purchase and refinance applications
Minimum refinance and or purchase home loan amount of $350,000
Repayment type can be principal and interest and/or interest only
Only one cashback offers per eligible home loan capped to one cashback.
Eligible Citi home loan products: Basic Variable, Standard Variable, Standard Offset and Standard Fixed
Rates highlight- RBA is expecting to increase cash rate a couple times this year which means variable rates are very likely to increase each month.
Owner occupied P&I with comparison rate (CR)
Basic Variable 3.24% CR 3.29% at 80% LVR Expired
Standard Variable with Offset 3.34% CR 3.69% at 80% LVR (Require pricing discount) Expired
Investment P&I with comparison rate (CR)
Basic Variable 3.46% CR 3.51% at 80% Expired
Standard Variable with Offset 3.54% CR 4.04% at 80% (Require pricing discount) Expired
Other refinancing rebates available:
ING - Get up to $3,000 cashback when you refinance your home loan before 31 Aug 2022 T&Cs apply.
BOQ - Get up to $3,000 cashback when you refinance your home loan before 31 Aug 2022 T&Cs apply.
MYSTATE - Get up to $3,000 cashback when you refinance your home loan by 31 Aug 2022 T&Cs apply.
ME - Get up to $3,000 cashback when you refinance your home loan by 31 Aug 2022 T&Cs apply
There are other rebates not listed above and we can show them to you as part of our analysis.
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. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Broker Rebate Terms and Conditions
We are offering a $500 upfront cashback for loan greater than $500k (excluding offset and redraw) for any fixed term loan of 2 years or more. $1,000 upfront cashback for loans $1M and above (excluding offset and redraw) for any fixed term loan of 2 years or more. When all loan is variable, rebate is paid in 2 instalments in 2 months and 24 months.
Maximum of 1 cashback per household.
My Profile:
Ex CPA accountant for a government corporation for over 10 years before joined my own mortgage broker as a trainee and now a full-time mortgage broker for over 8 years. Recent review over 100 clients- https://www.wordofmouth.com.au/reviews/nectar-mortgages-sydn…
Won National Top Broker for customer service award 2022.
Contact me for a no obligation meeting via Calendly(https://calendly.com/james-sim) or call me directly.
James Sim - Senior Mortgage Broker
M: 02 8319 4862 / 0487 000 098
E: [email protected]
W: https://www.nectarmortgages.com.au/project/james-sim/
and http://jamessimbroker.com.au/
Australian Credit License number 387856
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