Terms and conditions apply to all lending offers and are subject to availability, which may change at any stage. Clients must meet the lender's full credit policy, procedures, and assessment criteria to be eligible for any discounts. All offers mentioned in this advertising are for illustration purposes only, and lenders have the right to withdraw their offers at any stage. Any application is subject to a formal approval process, and various terms and conditions apply to each specific lender. Cash contributions are subject to change and have historically been between 0.6% and 0.8% of the loan amount. Minimum lending requirements apply in order to obtain cash contribution offers. Some special offers are available but not advertised above the 0.8% limit.

Other Non-Publicly Advertised Offers

Some banks are offering cash contributions of up to 0.9% for select deals. This offer is not publicly advertised but may still be available. This will be subject to the overall strength of the application, and there is no guarantee of the offer being made above the standard cash offer. Some lenders may round the 0.9% to the nearest $10. The cash contribution is conditional on you keeping all your banking and home lending with the lender for a certain period of time. Speak to one of our specialists for a full list of the 'claw back' periods. The cash contribution will be paid on the drawdown of your home loan or within a number of business days after settlement, depending on the lender. This offer is not available on bridging finance or restructuring of existing lending. Other bank offers may come with standard cash contribution rates.

General Terms and conditions of the cash contribution offer:

Cash offers are applied to minimum New Money requirements (typically of $250,000 or more) and require a new security to be presented to the lender. The cash offer is subject to a maximum limit determined by the individual lender making the offer; some options have this capped at $20,000 to $25,000. The offer is subject to a 20% deposit requirement, with special exemptions for first-time homebuyers through a separate cash offer. New residential security must be provided. The cash contribution offer may not be available in conjunction with other home loan offers.

Speak with an advisor to see if you will be eligible for the cash contribution offer and if it is still available.

All cash and lending offers are subject to meeting the individual bank's credit criteria and policy. No guarantee of approval is provided until a full application is assessed.

The lender offering the highest cash offer may not be the best option for you, depending on the pricing and relevant policy of that lender.

Monthly Savings Figure

The figure of $375, which is used as a potential monthly saving, is based on previous client situations. The results of previous client benefits varied in financial amounts. The benefits came from a range of factors, including debt consolidation of short-term debt, removal of low equity margins, and moving to a main bank. The potential saving is relative to your personal position. No guarantee of a saving can be made, and any interest rate or cash contribution offers made are subject to the assessment of a full application and meeting the lender's individual terms, conditions, and credit criteria.