St George/Bank of Melbourne Home Loan: Owner Occ 1.89% Fixed 4 Yrs, 1.79% Fixed 2 Yrs 60% LVR (+0.05% 80% LVR) & $4000 Cashback

Happy 2021 and stay safe!
St George / Bank of Melbourne has extended the $4,000 cashback offer to 30/6/21 and is currently still the highest cashback in the market.

$4,000 bank cashback + $2,000 per additional property (>$250k)

(>$250k, lodge by 30/6/21 settle by 30/9/21.)
$1 LMI 85%LVR for first home borrowers (<$850k)

Updated rates as of 1/4/21

Owner occ 60LVR (+0.05% for 80LVR)

2 year fixed 1.79% CPR 3.33%
3 year fixed 1.88% CPR 3.25%
4 year fixed 1.89% CPR 3.16%
Variable from 2.44% to 2.59% CPR 2.80 - 2.95% offset
Variable 2.44% CPR 2.46% basic no annual fee

Investor 60LVR (+0.05% for 80LVR)

2 year fixed 2.19% CPR 3.84%
Variable 2.99% CPR 3.03% offset
Variable 2.74% CPR 2.76% basic no annual fee

Other lenders

Westpac + $3k bank cashback

Owner occ 70LVR (+0.1% for 80LVR)
2 year fixed 1.79% CPR 3.36%
3 year fixed 1.88% CPR 3.28%
4 year fixed 1.89% CPR 3.19%
Variable 2.39% CPR 2.80% offset
Variable 2.19% CPR 2.62% basic no annual fee

Investor 70LVR (+0.1% for 80LVR)
2 year fixed 2.19% CPR 3.87%
Variable 2.74% CPR 2.88% offset
Variable 2.49% CPR 3% basic no annual fee

Available under Advantage package, can combine with 100% offset on variable. Annual fee $395 and incl premium credit card (eg. Black card)

Fixed has break costs if closed before expiry. No break costs under variable products.

Westpac Cashback
$3,000 cash cashback plus $2,000 per additional property refinance. eg. 2 properties = $5,000 bank cashback .
Min $250k loan size. Lodge by 31/3/21 settle by 30/6/21.

CBA lowest fixed rates ever + $2000 CBA Refinance bank rebate

Owner Occupied
2 Year Fixed - 1.94% P&I - (3.93% comparison)
Variable from 2.55% offset (2.97% comparison)

Investor
3 Year Fixed - 2.39% P&I - (4.31% comparison)

Still Available Lenders with up to $4k PURCHASE bank cashback, rates from

1.99% for 2 years fixed for home loans (Comp 2.92%)
2.09% for 3 years fixed for home loans (Comp 2.94%)
2.29% for basic variable rate (Comp 2.34%)
2.49% for variable with offset (Comp 2.89%)

PLUS up to 0.4% eg $4,000 broker rebate (available via broker only, not via the bank)

In ADDITION to bank rebates, we have 0.3% - 0.4% broker rebate (based on net of offset/redraw ie balance owing) for ANY bank or product. (Loans >$250k paid as eGift cards 50/50 at 2 and 24 months after settlement).

We are Flame (highest) level brokers due to our high loan approval rate and get the fastest turnaround times. StGeorge/BOM was slow earlier in the year but now alot faster.
We have some of the lowest rates, and can get pricing discounts up to 2.15%. Our policy is to beat any competitor/broker/lending manager with our rates and rebates, so will do whatever we can to get the best deal for you.

Len
Bundle Property Home Loans
T: (02) 9698 7186
M: 0422354868
E: [email protected]
ACL 445947