$2,000 - $6,000 Mortgage Broker Cashback (Minimum Loan $500,000) @ Lending Workshop

15

Hello Ozbargainers,

Thank you so much for your support so far.

I am offering a broker cashback back of $2,000 to $6,000 depending on loan amount. This is in addition to any cashback offered by Banks/Lenders on my panel.

Loan Amount Broker Cashback
Settled Net Loan Amount ≥ $500,000 and Settled Net Loan Amount < $750,000 $2,000
Settled Net Loan Amount ≥ $750,000 and Settled Net Loan Amount < $1,000,000 $3,000
Settled Net Loan Amount ≥ $1,000,000 and Settled Net Loan Amount < $1,500,000 $4,000
Settled Net Loan Amount ≥ $1,500,000 $6,000

Key conditions for broker cashback are below:

  • First half cashback will be paid into your nominated account after completion of 13 months. If the loan is not paid off and is still active.
  • Second half cashback will be paid into your nominated account after completion of 25 months. If the loan is not paid off and is still active.
  • Loan amount will be based on bank/lender's commission calculation method. That is net off redraw and offset.

Below are some of the competitive advertised rates. For variables rates with offset account option, the rates need to be negotiated on a case by case basis. So feel free to reach out with details and I can advise accordingly.

Owner Occupier, Principal and Interest Loan

  • Variable Rates from 5.24% p.a. (Comparison Rate 5.25% p.a.)
  • Fixed Rates from 4.79% p.a.(Comparison Rate 5.74% p.a.)

Investment Property, Principal and Interest Loan

  • Variable Rates from 5.39% p.a.(Comparison Rate 5.40% p.a.)
  • Fixed Rates from 4.99% p.a.(Comparison Rate 5.80% p.a.)

Please refer to this link for detailed broker cashback terms and conditions.

You can combine broker cashback offer with offers from any of the 35+ banks/lenders on my panel.

The easiest way to reach out, is to book an obligation-free appointment in my calendar. You can also call me on my mobile number mentioned in the signature below.

General Advice Warning- The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation, any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.

Comparison rate warning: Interest Rates are correct as at today and subject to change at any time. The comparison rate is based on a loan amount of $150,000 over a 25-year term. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply. Your full financial situation would need to be reviewed prior to acceptance of any offer or product.

My Profile:
I am an ex-banker with 14+ years of finance industry experience.

Regards,
Roopali
0415 719 759
Director | Mortgage Broker - Lending Workshop
Credit Representative Number 544854| Australian Credit License Number 389328
Email [email protected]
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Comments

  • +11

    None of this can be described as a deal because there are too many variables. The value of this cashback can be easily swallowed up and then some if the rates you pay are just a few basis points higher than an offer you could have got without it.

    • +2

      Not to mention- Full cash back received after 25months.. yeah nah

    • Whilst I agree for the most part that there are too many variables for this to be considered a "deal", I know most brokers typically offer the same (or even lower rates) than market rates? They generally wouldn't go lower than what a customer can get on their own, and a lot of banks actually offer brokers a lower rate than what is publicly available to help gain customers.

      Very much a ymmv

      • I think my point is that everything is paid for somehow and so it's very likely that anybody who signs up is paying for their cash back in other ways, relative to someone who didn't. Unless you can compare everything at once it's not a deal and doesn't belong here.

        This stuff is just robbing Peter to pay Peter

  • -1

    no deal

  • +3

    this is ad, not deal

  • +2

    This is definitely not a bargain.

  • +2

    Agree this is not a bargain at all.

  • +1

    The last four posts from OP are exactly the same…only the interest rate has changed. And not because they're being generous, because the RBA's rates have.

    Classic case of OzAdvertising

  • What best interest only investment loan

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