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Bank of Queensland Intro Rate Home Loan 3.59% (CR 4.19%) + 0.15% trail back for 2 Years from Mates Rates Mortage Brokers

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Anyone looking for a super cheap home loan ?

Mates Rates Mortgage Brokers offer a CASHBACK that credits monthly lender commissions back to the borrower, helping to potentially save Tens of Thousands of Dollars over the term of the loan.

BOQ 3.59% less 0.15% from MATES RATES MORTGAGE BROKERS

www.matesratesmortgages.com.au Ph - 1300 558 161

Offer:-

Trail back from Mates Rates Mortgage Brokers of 0.15% on top of great bank deal by

Bank of Queensland
Intro Rate Home Loan 3.59% (CR 4.19%) for 2 years

Features -
Principal and Interest
Owner Occupied
Min Loan $150,000
LVR - up to 80% - No LMI
up to 90% with LMI

Fees-
Settlement Fee $150
Monthly fee - $10
Discharge - $320

Mates Rates Australian Credit Licence 382805

Related Stores

Bank of Queensland
Bank of Queensland
Mates Rates Mortgage Brokers
Mates Rates Mortgage Brokers
Third-Party

closed Comments

  • +3

    CR 4.19%

    Wow that's a great deal from Cashrewards!

    • +4

      who let you onto the internet?

    • +2

      I laughed.

  • Think you might have forgotten to tick the associated tag?

  • Any interest only deals?

    • +2

      Any interest free deals?

  • +7

    Rubbish rate loaded with hidden fees with such a high comparison rate. Plenty of lower rates than this.

  • +1

    "We're taking commissions to offer you the cheapest home loan ever."

  • Ongoing rate 4.16% after 2 years (assuming no rate rises). Don’t get trapped with a honeymoon rate.

    • +1

      Or just refinance in 2 years time to whatever the best deal going then is.

      • +2

        Agree, but if lending criteria lightens further and interest rates go up while house values fall some people may not be able to refinance. That’s the predicament a lot of people are having at the moment…. they can’t refinance to a better deal as they are deemed no longer eligible to service the loan amount.

        • +2

          Yes, banks are "banking" on this at the moment. Also love how the "discharge fee" has come along to replace the now illegal exit fee. Seriously.. Changing the name is ok apparently?? Naturally a settlement fee at each end on top of this. Hopefully ACCC will get rid of these asap, or someone challenges them in court. Check your old mortgage, mine from 4 years ago is $100.Now With CBA $1050 plus $450 settlement fee + $395pa. They are offering $2k cashback at the moment, but it's quickly diminished on the life of the loan. The 2k will get them 2yrs, then need to look elsewhere (I'm 70%Lvr so hopefully can keep playing the game).

      • Not as simple as that. Costs you fees to refinance

    • That is pretty high

  • CUA still has 3.66%CR with $180 app fees. Great rate for a B/M store.

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