• long running

$3,000 Cashback for Refinance (Min $700,000, Max 80% LVR), $2,000 Cashback for Owner Occupied or Investment Home Loan @ ME Bank

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This is a post about the awesome cashback promotion from ME Bank, to get some extra cash back into your pocket!

About this deal -

$3,000 Refinance cashback is available to owner occupiers and investors on all ME home loan products if they:

  • Settle within 120 days of the loan application date
  • Switch their existing home loan from another lender
  • Take out a home loan with a minimum size of $700k and maximum LVR of 80%

$2,000 Cashback for purchasing, owner occupier or investment loans above $400k:

  • Purchase a home with ME
  • Take out a home loan with a minimum loan of $400k
  • Have a LVR of over 80%, maximum investor LVR 90% and maximum owner occupier LVR 95%. Lenders Mortgage Insurance must be paid for any LVR over 80%

I'm a mortgage broker based in Melbourne, but I have customers from all over Australia - give me a call/text and we can discuss how best to assist you with your mortgage loan.

I look forward to helping you get some extra cash in your pocket!

Kathy Sevenyhazi
Mobile: 0431 212 705
Email: [email protected]
Business Instagram: kath_seven
Symmetry Finance Pty Ltd
Credit Representative Number 556493 is an authorised representative for Australian Credit Licence Number 384704

Referral Links

Referral: random (39)

$150 Coles Group & Myer Gift Card for both referree and referrer when loans are settled.

Related Stores

ME Bank
ME Bank
Symmetry Finance
Symmetry Finance
Finsure Finance and Insurance
Finsure Finance and Insurance
Third-Party

Comments

  • +17

    $700k a pretty high minimum for a refinance.

    • +1

      Not in Sydney.

    • +1

      that's the loan you need to refinance a studio granny flat at Sydney

    • My first thought too, before I realised it isn't 5-10yrs ago.

  • Has ME bank fixed their internet banking yet, or is it still online only? Also, do they have osko/instant transfers?

    • +1

      Nope still pretty tragic at least until dec last year. I’ve moved on from them because of that

  • +1

    In case anyone is interested ME is now owned by the Bank of Queensland.

  • +13

    Mmmm…

    Post is not very useful without detailing the rates and fees on offer.

  • Yes if it was 70K

  • What does it cost to refinance? I am so over CBA and their shit rates. But I also don't want to be coughing up heaps to go elsewhere.

    • +1

      There are articles online that explain. It varies by state and by the terms of your existing loan.

    • +1

      Ballpark figure is $1K. On a high side. Just to get the number crunching started. There are brokers offering a portion of commission on Ozbargain all the time. Reach out to one of those and that will cover your costs. And you get to keep all the interest rate savings.

  • +1

    Lol Australia's birthrate is gonna be 0 soon. Smart kids will leave this country.

  • I'm going through refinancing currently and ANZ are also offering a $2,000 cashback with a minimum loan amount of $250k. Rate is around 6.19

    • +1

      That rate is a bit shit.

      • +2

        This deal is 6.13, which really isn't too bad. Though plenty of banks are now already pricing in the February cut so I've put the brakes on refinancing for a few weeks.

  • Compare the market add $2k cashbank ontop of ME Bank's cashback, this doesn't look like a bargain?

    https://www.ozbargain.com.au/node/846525

    Looks like the deal has been extended and expires 30 June 2025 at this stage

  • $3,000 cashback with IMB 500-750k

  • +4

    Email to a Gmail account for a mortgage broker that has a business name? Slight red flag there.

  • +1

    $700k for rebate is laughable. We've done it 4 times now for under $300k loans with $2500-$4000 cash back

    • Any in the last 2 years?

  • Do they provide an offset account? Thanks

    • Yes they do. The package fee is $395 p.a. which is standard across most banks. Feel free to contact me for a discussion in more detail. Thanks!

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