**$3k Refinance Cashback and $2k Investor Purchase Cashback Offers Extended to 31 January 2022
BOQ offers basic variable interest rate home loan with a low rate, free redraw and flexible repayment options. Suitable for Owner Occupied home loan only.
Key attributes of this product
• variable interest rate
• principal and interest repayment schedule
• loan splitting
• redraw (no offset account)
BOQ Rates highlight:
Owner Occupied P&I:
BOQ "Economy" Variable, <70% LVR = 1.98% pa (2.15% CR)
BOQ "Economy" Variable, <80% LVR = 2.03% pa (2.20% CR)
Requirements:
- Debt to Income ratio (DTI) must be less than 6.
- New to bank lending only, with minimum $150k of total new lending (BOQ)
- Not available for refinance or restructure of existing BOQ Group lending.
Loan splits with fixed home loan
2 years fixed 2.09% CR 3.09% at 80% LVR
3 years fixed 2.29% CR 3.09% at 80% LVR
Comparison Rates
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.
Broker Rebate Terms and Conditions
We are offering a $500 upfront cashback for loan greater than $500k (excluding offset and redraw) for any fixed term loan of 2 years or more. $1,000 upfront cashback for loans $1M and above (excluding offset and redraw) for any fixed term loan of 2 years or more.
Maximum of 1 cashback per household.
Cashback from BOQ is available for refinancing and purchase applications:
BOQ - Get up to $3,000 cashback when you refinance your home loan before 31 JAN 2022. Eligible to combine with the investment purchase rebate of $2,000 if criteria for both campaigns are met (total $5k). Minimum new lending of at least $250,000 with maximum LVR of 80%.
Other refinancing rebates available:
CBA - Get $2,000 cashback when you refinance before 31 Dec 2021. T&Cs apply.
St. George/Bank SA/Bank of Melbourne- Receive up to $3,000 cashback when you refinance before 30 Nov 2021. T&Cs apply.
Virgin - Get up to $3,000 cashback when you refinance your home loan before 30 Nov 2021 T&Cs apply.
ING - Get up to $3,000 cashback when you refinance your home loan until 31 Dec 2021 T&Cs apply.
ME Bank - Get up to $3,000 cashback when you refinance your home loan until 29 Oct 2021 T&Cs apply. Cashback is available per security.
Citibank - Get up to $6,000 cashback when you refinance your home loan over $1m until 30 Nov 2021 T&Cs apply.
How to Apply
Any advice is tailored to your financial situation. Our platform would simplify the lending process and our team will ensure that you are updated throughout the whole process. For further details about this deal or other 30 lenders we work with, please contact directly via email or phone.
Other Important Information: Applications are subject to credit approval of the respective lender applied to. Full terms and conditions will be included in our loan offer. Fees and charges are payable. Interest rates are subject to change.
Contact me for a no obligation meeting via calendly or call me directly.
https://calendly.com/james-sim
James Sim - Senior Mortgage Broker
M: 02 8319 4862 / 0487 000 098
E: [email protected] or [email protected]
W: https://www.nectarmortgages.com.au/project/james-sim/ or http://jamessimbroker.com.au
Australian Credit License number 387856
This loan has a monthly fee of $10 and a $300 application fee.