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Rate from 4.49% Variable P/I (EXP) $4,000-$5,000 Refinance and Purchase Rebates (Min Loan $250,000 & LVR <= 80%) @ UBank

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Rate from 4.49% Variable P/I (EXP) $4,000-$5,000 Refinance and Purchase Rebates (Min Loan $250,000 & LVR <= 80%) @ UBank
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AssociatedWilson Heroes HL @ Heroes Home Loans on 01/12/2022 - 14:29 ubank.com.au (539 clicks)
Last edited 07/02/2023 - 09:34 by 2 other users

Hi OzBargainers,
I hope everyone is keeping well!

UBank (NAB) have just advised us of a update to the PURCHASE & REFINANCE rebate effective today between 1st December 2022 and 28 February 2023 (inclusive) and settled by 30 April 2023.

UBank will be offering their cashback amount for both Purchases and Refinances up to 80% LVR. See cashback breakdown below:
• $250,000 / $1,000,000 = $4,000
• $1,000,000+ = $5,000
Current Variable Rates:
Owner Occupied (redraw only):
• P&I Variable 60% LVR - 4.49% (Comp Rate: 4.51%)
• P&I Variable 70% LVR - 4.54% (Comp Rate: 4.61%)
• P&I Variable 80% LVR - 4.54% (Comp Rate: 4.61%)
Owner Occupied: (offset only)
• P&I Variable 60% LVR - 4.54% (Comp Rate: 4.80%)
• P&I Variable 70% LVR - 4.59% (Comp Rate: 4.85%)
• P&I Variable 80% LVR - 4.59% (Comp Rate: 4.85%)

Investment:
• P&I Variable 60% LVR - 4.79% (Comp Rate: 4.86%)
• P&I Variable 70% LVR - 4.84% (Comp Rate: 4.86%)
• P&I Variable 80% LVR - 4.84% (Comp Rate: 4.91%)

Fees applicable
Loan advance fee $250 (can get it waived)
Valuation fee - Free up to $360
Annual fee - $250 (only applicable on offset account)

We also offer the following product as well
ANZ - 4.69% variable for Owner Occupied + $4000 cashback
Suncorp - 4.64% variable rate for Owner Occupied up to $4000 cashback
ING - 4.64% for Owner Occupied + $3,000 cashback
Citibank - 4.54% variable rate for Owner Occupied up to $5000 cashback
Westpac- 4.49% variable rate for Owner Occupied up to $4000 cashback

If you would like an estimate of applicable rates please feel free to call/text/email the following information:
O,O or INV
P&I or IO
Loan Amount
Security Value

Up to $4,000 broker rebate Extended to 31/3/2023 Expired 31/12/2022

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
http://heroeshomeloans.com.au/

Referral Links

Referral: random (1247)

Referrer and referee each receive $30 after referee makes 5 settled card purchases within 30 days.

Financial Home Loan Loan Rebate Refinance

Related Stores

ubank
ubank
Heroes Home Loans
Heroes Home Loans
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closed Comments

    • mrtee on 01/12/2022 - 15:00

      All the time

  • too_much_boost on 01/12/2022 - 14:51
    +9

    Pretty sure this is ozbargain, not ozadvertising

    • Korban Dallas on 01/12/2022 - 16:02

      Yep they post. Ignore questions, never to be seen again.

    • JackMa101 on 31/12/2022 - 08:15

      Post like this can be good thing for people churning home loans.

  • May4th on 01/12/2022 - 15:18

    is the Westpac rates with package incl offset account?

    • Broos on 01/12/2022 - 16:11

      I have it, it doesn’t include an offset. But does have free redraw.

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 01/12/2022 - 16:55

      No it's not, we need to get special pricing for offset. Please feel free to email me at [email protected] or text/call me on 0477 200 670 and I would be happy to get you pricing for your home loan.

  • Weshouldgetsushi on 01/12/2022 - 15:35
    +1

    Just wasted 4 hours on ubank over 2 days.
    What a shambles at that bank at the moment. The only good thing was the interest rates for savings, but now they've fallen behind.
    I have taken all of my money away from them, but what a mission to achieve that.
    Not all of my transactions are showing online - I wonder why that is? It's like I never existed.

  • Bdawg on 01/12/2022 - 16:05

    $4,000 sounds good to me, I was going to refinance.

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 01/12/2022 - 16:51

      Give us a buzz and we can get you the refinance. 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.

  • applejack on 01/12/2022 - 16:37

    As these rates are the same as the one advertised on the UBank website is there any advantage to going with a broker (aside from the broker specific cashback)?

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 01/12/2022 - 16:41

      We can sometimes get your sharper rate than if you go directly with the bank and able to waive some fees.

      • Harsh Deep on 01/12/2022 - 16:48
        -2

        hi Wilson, just one question, why your App is so shit, the other day i couldn't login and now i cant see my transactions !!!! i put $1k+ this morning and i can't see the transaction and the interest is not activated either, even though the money is there. then i put couple of more hundreds, still nothing.

        • AssociatedWilson Heroes HL @ Heroes Home Loans on 01/12/2022 - 16:56
          +2

          Hey Harsh, not too sure about the App. I dont run Ubank, just a mortgage broker with access to 45 different lenders so if you dont like ubank, we have plenty alternatives.

  • ozbargainerlife1 on 06/12/2022 - 20:32

    How do they value property? what if you are borderline 60%.

    What are the total fees (application, valuation etc) charged by Ubank to setup the loan?

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 07/12/2022 - 08:06

      It usually a desktop or AVM (free of charge). Sometimes they will send some over to check it out if the LVR is high (like around or above 80%).

      Fees applicable
      Loan advance fee $250 (can get it waived)
      Valuation fee - Free up to $360
      Annual fee - $250 (only applicable on offset account)

  • nskordos on 07/12/2022 - 12:02

    @Wilson Heroes HL how long do the refinance applications take? When does the broker rebate get paid?
    Many thanks!

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 07/12/2022 - 12:57

      Approval takes 2-3 business days
      Refinance take around 3-5 weeks
      Rebates paid within 60 days of settlement

  • coast666 on 12/12/2022 - 18:33

    how often can you refinance the loan? just did it not a long ago.

  • nskordos on 16/12/2022 - 06:56

    @Wilson Heroes HL do you respond to your emails???

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 19/12/2022 - 11:29

      Yes I do, sorry your email went into my junk inbox. I just send you an email now

  • scar4ace on 20/12/2022 - 13:34

    Hi OP,

    Are these rates current and include offset?

    We also offer the following product as well
    ANZ - 4.69% variable for Owner Occupied + $4000 cashback
    Suncorp - 4.64% variable rate for Owner Occupied up to $4000 cashback
    ING - 4.64% for Owner Occupied + $3,000 cashback
    Citibank - 4.54% variable rate for Owner Occupied up to $5000 cashback
    Westpac- 4.49% variable rate for Owner Occupied up to $4000 cashback

    • JackMa101 on 31/12/2022 - 08:17

      Pretty sure they not include offset, keen to know latest offset rates as well.

  • bumperplates on 09/01/2023 - 22:36

    The rate has gone up now to 4.74 for uBank

  • alpsz94 on 10/01/2023 - 11:51

    @Wilson Heroes HL - shot through an email yesterday, subject titled "Refinance query".

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 10/01/2023 - 12:00

      Thank you, I just return from oversea today. So I'm going through all my emails

      • alpsz94 on 10/01/2023 - 12:00

        Cheers - hope you enjoyed the break

  • El-Rhi on 28/01/2023 - 08:17

    What is the maximum equity cash out with UBank?

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 29/01/2023 - 18:56

      Cash out is the following
      Unlimited for LVRs up to 80%
      Max $250k for LVR of 80.01-85%

      • El-Rhi on 29/01/2023 - 20:04

        Perfect, thank you Wilson.
        Do they do manual assessment or you get automatically approved if low risk?

        • AssociatedWilson Heroes HL @ Heroes Home Loans on 30/01/2023 - 11:56

          They do both,

  • Magoox22 on 06/02/2023 - 12:14

    Has this offer expired?

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 21/02/2023 - 12:56

      Cashback hasn't expired but application needs to submitted this week. The rates have gone up due to RBA rate increase

  • El-Rhi on 18/02/2023 - 14:08

    Do you know if UBank will extend this offer past 28th Feb?

    • AssociatedWilson Heroes HL @ Heroes Home Loans on 21/02/2023 - 12:55

      Haven't heard anything yet, expect them to announce something this week

      • El-Rhi on 22/02/2023 - 06:33

        Thanks. Please let us know when/if they announce

      • El-Rhi on 24/02/2023 - 06:18

        Hi Wilson, any news on whether this will be extended into next month?

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