New Home Loan Special - Reward Me Investment Loan (Principal and Interest) ($75k-$500k, LVR < 80%)

  • 20,000 Velocity Points for every $100,000 drawn at settlement (1)
  • A further 1,000 Velocity Points every month (per loan account)(2)
  • Receive 30,000 Velocity Points every 3 years you are a continuous Reward Me Home Loan customer, when your loan balance remains above $50,000 (3)
  • $150 settlement fee waived and no home loan package fee.

Enter your contact details to get in touch with an expert from Virgin Money to discuss your mortgage options.

First name

Last name

Phone number

Suburb

By submitting this form, I accept RateCity's terms and conditions, privacy policy and collection statement for this service.

Yes, I'd like to get email updates from RateCity.

Loan Details
The offer is available for first home buyers who apply and are approved for a Virgin Money Reward Me home loan with LVR of 90% or below, between 4 March and 31 May 2019 (inclusive) and settle by 30 August 2019. Double Velocity Frequent Flyer Points – 20,000 Velocity Points for every $100,000 drawn at settlement. In addition, receive 1,000 Velocity Points every month for each loan account and 30,000 Velocity Points every 3 year anniversary provided total borrowings are greater than $50,000. $150 settlement fee is waived and there is no home loan package fee. Receive a $100 gift card and an additional 10,000 Points when you take a Virgin Money Home and/or Contents policy before settlement. 20% discount on Lenders Mortgage Insurance on loans with an LVR between 80.01%-90%. Get 50% off the annual fee on the Virgin Australia Velocity Flyer Credit Card.Virgin Money | Australian Credit Licence 236476 | ABN 93 087 650 726

*WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Assumes you qualify for the settlement points offer, your borrowings split across two accounts for the period and maintain a minimum combined net balance across of all accounts of at least $50,000.

(1) All new customers who apply for a home loan with LVR of 90% or below will receive 1,000 Velocity Points for every full $10,000 drawn at settlement. For construction loans points will be paid after the first drawing (paid in $10,000 increments). Assumes earn rate remains the same for the period shown. LVR is the loan to valuation ratio of your loan. Velocity Points will be credited to the Primary borrower’s Velocity account only, up to 60 days after settlement.

(2) 1,000 Velocity Points per loan account per month.

(3) Anniversary Points, currently 30,000 Velocity Points, are paid on every 3 year anniversary of the settlement date provided total borrowings are greater than $50,000 (net of any balances held in a linked offset facility). Points are only paid once regardless of the number of split borrowings a customer has with us and they must be a continuous Reward Me Home Loan customer during the period.