**The good news, is the rate after the 0.5% RBA rate increase, Westpac is offer one of the lowest rates in the market
This has a free and unlimited redraw, with no offset and no annual fee
Principal and Interest Owner Occupied HOME LOAN
Variable - 2.64% (CPR 2.98%) FOR LVR <70% 2 year intro
Variable - 2.74% (CPR 3.08%) FOR 70% < LVR < 80% 2 year intro
Principal and Interest INVESTMENT HOME LOAN
Variable - 3.04% (CPR 3.38%) FOR LVR <70% 2 year intro
Variable - 3.14% (CPR 3.48%) FOR 70% < LVR < 80% 2 year intro
Fees for Westpac
Annual fee - Nil
Application fee - Nil
After two years, the rate will increase by 0.4% but you can refinance to another financial institution to get a better deal.
^Apply by 31st July 2022, settle by 31st October 2022. Owner Occupier loans (P&I repayments) and Investment Property Loans, with LVR+ up to 80% and min $250k loan. Flexi First Option or packaged# home loans only ($395 annual package fee). Only one cashback offer available per primary applicant within a 12 month period. Excludes refinances within Westpac Group.. Terms and conditions are here.
We also offer the following product as well
ANZ - 2.79% variable for Owner Occupied + 300 000 Qantas Points
Suncorp - 2.72% variable rate for Owner Occupied up to $4000 cashback
Citibank - 2.74% variable rate for Owner Occupied up to $6000 cashback
Heroes Home Loans are also providing an additional incentive broker rebate of up to $4,000 if user our service (note this applies to all products).
Please feel free to email me at [email protected] or text/call me on 0479107213 and I would be happy to answer all finance related questions.
Wilson Yuan
Managing Director
Credit Representative Number is 530101 under Australia's Services Australian Credit License (ACL) 389328 © 2021 HEROES HOME LOANS AUSTRALIA PTY LTD
If you apply via me, you will $3000 cashback + bonus offer then if you apply directly with the bank
Hey OP, any news from westpac for the new 0.5% rise today?
Your rebate, is that pro-rate? I got roughly 470k mortgage, would be gutted to be in the 250k window (only $500). Any clawback if refinancing after 12-18 months if still using your service?