Owner Occupied 2 Years Fixed 2.09% PI < 70% LVR (Expired), $3,000 Cashback on Refinance @ Mystate

Good option for Ozbargain members who are thinking to refinance for a generous cashback of $3000 with NO package fee for life of the loan. Quick turnaround time in 3 days with FastRefi which allows a quick settlement compared to standard settlement timeframe. Fully assessed preapproval is available for purchase application in a turnaround time of 3 days. Variable rates start from 2.39% with full offset account and no package fee.

Conditions of cashback:
The refinance cash back offer (cash back) is available for refinances from other financial institutions.

• $2,000 cash back where the refinance amount is between $250,000 and $499,999.
• $3,000 cash back where the refinance amount is $500,000 or more.
• The refinance amount excludes cash out, top-ups and new loans. The loan to value ratio (LVR) must be less than 80%
• Eligible loan applications to be submitted between 04/10/2021 and 28/02/2022 (Offer Period) and settled by 31/05/2022.
• The offer is only available once per customer / borrowing entity within the Offer Period. If a customer refinances more than one loan, they will only receive the cash back once.

Carded rates:
Owner occupied P&I with comparison rate (CR)
2 years fixed 2.09% CR 3.98% at 70% LVR
3 years fixed 2.39% CR 4.03% at 70% LVR
Variable rate with offset 2.34% CR 2.40% at 70% LVR
Variable rate with offset 2.39% CR 2.39% at 80% LVR
Basic variable 2.19% CR 2.22% at 70% LVR

Investment P&I with comparison rate (CR)
2 years fixed 2.39% comp. 4.03% for 80% LVR
3 years fixed 2.74% comp. 3.97% for 80% LVR
Variable rate with offset 2.49% CR 2.55% at 70% LVR

Comparison Rates
Any quoted comparison rate is only true for the example given and may not include all fees and charges. Different terms, loan amounts or fees may result in a different comparison rate. Comparison rates are based on a loan amount of $350,000 over a loan term of 30 years.

Other refinancing rebates available:
Virgin - Get up to $3,000 cashback when you refinance your home loan before 30 Jan 2022 T&Cs apply.
BOQ - Get up to $3,000 cashback when you refinance your home loan before 30 Jan 2022 T&Cs apply. Eligible to combine with the investment purchase rebate of $2,000.
ING - Get up to $3,000 cashback when you refinance your home loan until 31 Dec 2021 T&Cs apply.
ANZ - Get $3,000 cashback when you refinance your home loan before 31 Dec 2021 T&Cs apply.

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 (e.g. per couple).

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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
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