Are you thinking about switching your home loan? Or currently just shopping around for a better rate to refinance? You may not be aware but a handful of lenders are throwing in special deals to borrowers looking to switch or refinance.
When we say special deals, it’s not just about the jaw-dropping low rates or incredible fees and features like offset account, unlimited repayments but added incentives like cashback offers. According to a recent Rate City analysis, some lenders are offering up to $5,000 cash back on mortgage rates under 2% to attract new or existing customers.
Reduce Home Loans offers Low Rider Cash Back variable home loan rate of up to 60% LVR at 1.99%p.a. (2.08%p.a. comparison rate). Available for both purchase and refinance, Low Rider Cash Back offers $2,000 up to $4,000 cashback with a minimum loan amount of $250,000 up to a maximum loan amount of $1,000,000.
Speak to one of Reduce Home Loans’ specialists today to learn more about our Cash Back offers.
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