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When you switch your big bank home loan

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Australia's Biggest Home Loan Sale

The fine print – what is the eligibility criteria for the sale?

RateCity Staff
Apr 28, 2017( 1 min read )

The sale is only available to people wanting to refinance – you must already have a home loan. Additionally, customers cannot take up an offer from their existing lender, i.e. if you are currently with ING, then you can’t refinance to an ING product in the sale.

Each lender will also have its own set of eligibility criteria, so check the terms and conditions carefully. For example, some lenders won’t cater for people who are self-employed, while specific products might require a loan-to-value ratio (LVR) of 80% or less.

It’s important to check all requirements, terms and conditions with the lender.

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