Ok so firstly, lets get 2 things out of the way
- Yes, ME Bank has had some reputation issues around 2-3 years ago. But guess what, that's why they are competitive now, they have to be!
- Yes, 4.49% feels high, the days of low fixed rates in the 1% and 2% are over, this is just about as low as it gets right now.
Now that we have weeded out around 90% of the negative comments, I can get to why this deal is INSANE.
You get a $4,000 cashback per property you refinance, separately, with a super low minimum loan amount of $250k but under 60%. That's right, refinance 3 properties and get $12,000 cashback (t&c apply)
$4,000 cashback for applications with an LVR of under 60%
$2,000 cashback for applications with an LVR between 60% and 80%
Owner Occupied Rates
4.49%, variable, principle and interest with a $450 upfront fee and 4.51% comparison rate. (under 80% LVR)
Investment Rates
5.09%, variable, principle and interest with a $450 upfront fee and 4.51% comparison rate. (under 80% LVR) **(potential to get priced down to 4.79%)
*We have pricing discretion with ME Bank and they will provide discounted rates based on the deal, it's still early days with this deal but we have seen some massive discounts for larger portfolios.
**If you are someone with a smaller loan amount and we can't achieve a great discount, we have Westpac and UBank also providing $4,000 cashback that we can consider.
Some handsome devil also made this great video about the latest interest rate increase and best way to refinance ;) - https://youtu.be/rh7CJoSHSmU
Feel free to also email me at [email protected]
We are also giving away a free $300 men's watch or $200 gift voucher per application on settlement by applying through Refinancer below
Apply now: https://www.refinancerloans.com.au/get-started/refinance
This deal starts on the 1st of December but it pays to start now and allow us to build your applications to push go on that day so you have the best and most fast tracked experience.
If you want more info on this deal or any of our 'Top 5 Refinance Deals' watch this video we made today https://youtu.be/4OPYWibLJKk
We are also looking for long term relationships with clients, if you intend to refinance again or sell within 12 months, the banks actually claw us back on our upfront commission completely so we would be unable to help in these circumstances. I will do my best to reply to all comments.
2022 Refinancer Pty Ltd. ABN 42 843 128 571 is a corporate credit representative 513 922 of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit License 391 237)
How do they workout the value of the property to work out the LVR?