Am I Eligible to get a $5,000* Cashback?

Am I Eligible to get a $5,000* Cashback?

For property owners, it is essential to review your mortgage for the opportunity to change lenders and select a product that is more suitable for your goals.?Don’t be left behind – find out if you are eligible to get up to $5,000 cashback.

Mortgage rates have been historically low for some time now and many lenders offer incentives to win your business. The most popular incentive is cashback when consumers refinance and seek a better rate for their existing loan.

The number of banks offering this incentive is growing, so it's worth checking out your options to see if you could benefit.

Why Refinance?

If you have been paying off a mortgage for some time, it makes sense to shop around and look for a better deal with a different lender to take advantage of lower rates and fees. The lender will then pay the customer up to $5,000* to help cover the refinance costs.

Additionally, new business rates allow you to embrace a lower interest rate, saving money on interest payments.?Your current rates are normally higher than the new business rates, another reason to shop your mortgage around to get the best deal.

We can provide more information about banks offering $$$ cashback deals to you. If you're considering buying a home soon, you may want to get pre-approval for a mortgage. As always, whenever you have questions, it's best to speak with a professional.

* Cashbacks are provided by the lender and require you to meet specific lender criteria. Cashbacks range from $1,000 up to?$5,000.

Daniel Rolley CFA

CIO at Financial Decisions

2 年

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