$4,000 cashback, super low rates and no setup or ongoing fees!
Fully digital e-sign process, ID can be done remotely Australia-wide.
Applies to St George / Bank of Melbourne / Bank SA - same bank for different states.
Here's the rates
Owner occupier, variable, P&I with $0 ongoing fees (no offset, however free and unlimited redraw)
LVR up to 70% = 4.74% (comp. 4.75%)
LVR 70 to 80% = 4.84% (comp 4.85%)
LVR over 80% = 5.14% (comp 5.15%)
Investor, variable, P&I with $0 ongoing fees (no offset, however free and unlimited redraw)
LVR up to 70% = 4.99% (comp. 5.00%)
LVR 70 to 80% = 5.09% (comp 5.10%)
LVR over 80% = 5.39% (comp 5.40%)
The terms
Conditions, credit criteria, fees, charges, eligibility criteria and exclusions apply. Apply between 8th December 2021 to 28th February 2023 and settle by 31st May 2023 for refinance applications. Offer may be varied or withdrawn at any time. Min loan amount $250k and LVR up to 80%. Offer available for Owner Occupier with Principal & Interest repayments and Residential Investment Loans (Principal and Interest & Interest Only repayments). Advantage Package ($395 annual package fee and T&Cs apply) and Basic Home Loans. Limit of one $4,000 cashback payment regardless of the number of applications, applicants, properties or loans involved per 12 month period. For joint applications, only one cashback payment will be paid to the primary applicant. Excludes Owner Occupier Interest Only, residential lending originated under family or company trusts and refinances within Westpac Group (Westpac, St.George, Bank of Melbourne, BankSA and RAMS). The cashback will be paid into a St.George transaction account within 60 days of settlement. This account must be in the same name as the home loan account (for joint home loans, the transaction account will need to be in the same joint names) and linked for home loan repayments to be direct debited from this account at settlement. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.
COMPARISON RATE WARNING
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. Comparison rates for Interest Only Fixed Rate home loans are based on an initial Interest Only period equal in length to the fixed rate period. Comparison rates for Interest Only Variable home loans are based on an initial 5 year Interest Only period.
Hope you find this helpful,
Aidan
Owner & Mortgage Broker at Blue Owl Finance
Email me - [email protected]
Google Reviews - www.blueowlfinance.com.au
Link to my calendar to book 15 minute appointment - https://www.blueowlfinance.com.au/book-online
Note - I do not offer broker cashback, some brokers on OzB do offer their own cashbacks. I have helped 120+ OzBargainers with their home loan since 2015.
Currently 1 business day turnaround (likely to increase with this deal) - we have top-tier Platinum status for the quickest turnaround.
ABN 27 646 433 374 | Certified MFAA Member 230928 | Australian Credit Licence number 387025 | Credit Representative’s number 527699
Here to answer any St George / Bank of Melbourne policy or general questions, we've helped over 50 OzBargainers on our recent Westpac deal!
Aidan
[email protected]