Variable Rate Home Loan from 5.78% (CR 6.25%) p.a. + $3,288 Refinance Cashback + 0.10% Broker Cashback @ Bank of China

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New Bank of China Home Loan Promotion!
Bank of China release new rates which are effective from 16 October 2024. We found some rates are relatively competitive in the current market:

For Owner Occupied Principal and Interest Repayment loan

Variable Rate: 5.88% (5.78% Solar)
Fixed Rates:

1-Year: 5.79%
2-3 Years: 5.69%
4-5 Years: 5.89%

Investment Loan Rates:

Variable: 6.18% (6.08% Solar)
Fixed 1-3 Years: 5.99%
Fixed 4-5 Years: 6.09%
Cashback Offers:

$3,288 Refinance Cashback
$2,000 Purchase Cashback (for loans ≥ $400k)
First year’s annual package fee waived for all new applications
Promotion Details:
*Solar:
Home loan applicants who install or have installed: solar panels; solar hot water systems; or heat pump hot water systems on their loan security property.

Effective Date: 16/10/2024
Settlement by: 31/03/2025
Eligibility: New applications with LVR ≤ 80% and assessed on Australian income
Each type of cashback per customer every 12 months

For more information, contact Sach at
Email:[email protected] or
Phone: 0479 181 437
Website: www.rannar.com.au

Sach from Rannar Loans is registered as Credit Representative Number is 541742 under Australia's Services Australian Credit License 384324.

Related Stores

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Comments

  • -1

    CCP NO

  • -1

    china. no

  • Does this come with an offset account? For a variable rate owner occupier refinance

  • Yes, it includes an offset account.

  • My broker pinged me about this yesterday and even he said they're a pain in the ass to deal with…..FWIW

  • -2

    Damn, pretty tempting investment rates. Only worry is obviously giving all your personal details to a what is a CCP state-owned entity…

  • what are the fees?

  • Is there a minimum refinance amount for cashback for investment property?

  • What does 0.1 % broker cashback per year mean?

  • No a deal, more like an affiliated link

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