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Up to $5000 Cashback, 100% Offset Variable Home Loan from 3.74% (CR 4.12%) @ AMP

130

All Ozbargainers

AMP has extended their cashback offer to 30 September 2022 and loan is to be settled by 31th December 2022.
These are the latest rates (including the August rate increase)

Great cashback and great variable rates for refinance only applications. Note that there is only one cashback per customer, irrespective of the number of properties.

Principal and Interest Owner Occupied HOME LOAN
Basic Variable 3.87% CR 3.90% at 80% LVR
** From Standard Variable with Offset 3.74% CR 4.12% at 60% LVR**
1 year fixed - 5.09% (CPR 4.82%) FOR LVR <80%
2 year fixed - 5.39% (CPR 4.91%) FOR LVR <80%

Principal and Interest INVESTMENT HOME LOAN
Basic Variable 4.54% CR 4.04% at 80% LVR
From Standard Variable with Offset 3.84% CR 4.23% at 60% LVR
1 year fixed - 5.19% (CPR 4.55%) FOR LVR <80%
2 year fixed - 5.49% (CPR 4.68%) FOR LVR <80%

Cashback’s conditions are:

• $2,000 cashback offer where the amount is less than between $250 000 to $999 999
• $5,000 cashback offer where home loan amount is $1,000,000 or more

Applicable for new refinance applications
Minimum refinance and or purchase home loan amount of $250,000
Only one cashback offers per eligible home loan capped to one cashback offer per applicant within a 12 month period from the last settlement date to the current application submission date.
Terms and conditions are found here.

We also offer the following product as well
ANZ - 3.69% variable for Owner Occupied + $4000 cashback
Suncorp - 3.67% variable rate for Owner Occupied up to $4000 cashback
ING - 3.69% for Owner Occupied + $3,000 cashback
Westpac- From 3.49% variable for Owner Occupied + special cashback offer
Citibank - 3.74% variable rate for Owner Occupied up to $6000 cashback

Heroes Home Loans are also providing an additional incentive broker rebate of up to $2,200 if user our service (note this applies to all products). The broker rebate is based on the net loan amount ie (loan size minus redraw/offset etc). Terms and conditions can be found here.

Loan Amount Rebate
$250,000 $300
$500,000 $600
$750,000 $900
$1,000,000 $1200
$1,500,000 $1500
$1,750,000 $1800
$2,000,000 $2200

Please feel free to email me at [email protected] or text/call me on 0477 200 670 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

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closed Comments

  • Are we expecting another 0.5% increase in Sept do you think?

    • -2

      not likely, given wages are not really catching up unless RBA is influenced by big corps to bleed us out

      • +2

        do you think rba care if you bleed out

    • +2

      50%/50% chance, I'm leaning towards most likely another increase.

  • Is there any issue taking out a bigger loan to get the $5k and just put it in the offset or will the bank see what you have owing from your current bank and only loan you that amout? E.g. If i have $700k owing on my current loan but apply for $1.01m

    • Call me, we can discuss this further.
      [email protected] or text/call me on 0477 200 670 and I would be happy to answer all finance related questions.

    • also interested in this answer

    • +1

      Well yes, you gotta explain to them why you need that extra $300k, just don't be too smart to tell them to put all in crypto.

  • Can you do anything for self employed?

    • Yes we can :)

      • Please feel free to email me at [email protected] or text/call me on 0477 200 670 and I would be happy to answer all finance related questions.

        • I should add, with only 6months of BAS

  • Could you DM me on whats the special cashback offer for Westpac?

  • Hi OP could you confirm if this cashback also applies for a new purchase as well? I.e. apply for pre approval and settle by end of year?

    • No refinances only

  • do you have a clawback?

  • Do you do lo doc ?

    • Yes we do, Give me a ring or shoot me an email [email protected], I should be able to help out or text/call me on 0477 200 670 .

  • More details on Suncorp 3.67% rate please

    • Give me a ring or shoot me an email [email protected], I should be able to help out or text/call me on 0477 200 670 . Happy to help out

  • Nice, waiting for even more competition as banks throw their hats into the cashback ring

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