Citibank has extended their cashback offer to 31/1/2023 for new purchase and refinance applications with settlement completed by 30/4/2023.
Cashback’s conditions are:
$3,000 cashback offer where the amount is between $350,000 - $650,000
$4,000 cashback offer where home loan amount is between $650,000 - $850,000
$5,000 cashback offer where home loan amount is $850,000 or more
Applicable for new purchase and refinance applications over $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 within a 12 month period.
T&C will be provided.
Rates highlight:
Owner occupied P&I with comparison rate (CR)
Basic Variable 4.29% CR 4.44% at 80% LVR (after pricing discount approval)
Standard Variable with Offset 4.34% CR 4.85% at 80% LVR (after pricing discount approval)
Offset comes annual fee of $350
Investment P&I with comparison rate (CR)
Basic Variable 4.49% CR 4.69% at 80% (after pricing discount approval)
Standard Variable with Offset 4.49% CR 4.99% at 80% (after pricing discount approval)
Offset comes annual fee of $350
Other refinancing rebates available:
BOQ/Virgin Money/ME Bank - Get up to $2,500 cashback when you refinance your home loan before 30 Dec 2022 T&Cs apply.
MYSTATE - Get up to $3,000 cashback when you refinance your home loan until 30 Nov 2022 T&Cs apply.
St George - Get up to $4,000 cashback when you refinance your home loan until 31 Oct 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 corporate accountant for over 10 years before joined my own mortgage broker as a trainee and has been a full-time mortgage broker for over 8 years. Won National Top Broker for customer service award 2022. Contact me for a no obligation meeting via Calendly(https://calendly.com/james-sim/30min ) 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/
Australian Credit License number 387856
2 year INV fixed rates?
I can get 5.19% atm