SPECIAL LIMITED TIME PURCHASE AND REFINANCE CASHBACK OFFER

$2,000 Refinance Cashback Offer

$2,000 Purchase Cashback Offer for eligible First Home Buyer (FHB)

Eligibility Criteria:

Purchase Offer Condition:

• Effective from Monday, 6 November 2023
• Submit before Thursday, 15 August 2024
• All applicants must be First Home Buyers
• Applications must have Lenders Mortgage Insurance
• Owner Occupied purchases >$250k
• Individuals only (excludes companies and trusts)
• Available on Principal and Interest and Interest Only home loans
• Available for purchase of existing home, land and construction
• Must settle within 120 days
• BOQ transaction account required for cashback
• Cashback will be paid within 30 days of settlement

Refinance Offer Condition:

• Special limited-time $2,000 cashback offer only available for new refinance applications received from 8 September 2023 that settle within 120 days of the loan application date.
• This offer is open to Australian residents aged 18 and over who are personal customers taking out a new home loan with BOQ, refinanced from another financial institution.
• Offer available on BOQ’s Clear Path, Economy, or Fixed Rate home loan products only. Minimum total new lending of at least $250,000. Maximum loan-to-value ratio (LVR) of 80%.* Advantage Package ($395 annual package fee and T&Cs apply) and Basic Home Loans.
• Not available for the refinance, restructure or switches of home loans within BOQ Group, which includes BOQ, BOQ Specialist, ME Bank and Virgin Money (Australia).
• An applicant will be eligible for a maximum of one refinance cashback payment, regardless of the number of loan applications they are party to, provided the total amount drawn at settlement across all loans is at least $250,000.
• Customers who have received a refinance cashback payment from within the BOQ Group within the 12 months prior to their loan application date will be ineligible for this offer.
• The cashback will be paid to the applicant’s BOQ transaction account within 30 days of the settlement date.
• For multiple home loan applicants the BOQ account needs to be in the name of at least one of the home loan applicants and the cashback will be paid only once to the applicants jointly.
• If you do not already have one, an eligible BOQ transaction account is required to be established.
• Offer current as at 8 September 2023.
• Applicants should seek their own tax advice in relation to the receipt of a cashback on settlement.
• Fees and charges payable. BOQ’s standard credit assessment criteria apply.
• Full home loan terms and conditions are available at any BOQ branch.