The home loan market is running red hot, with plenty of competition from banks and other lenders on both fixed and variable offers. Rates are already at some of the lowest levels we’ve seen though, so in order to stand out some lenders are rolling out additional incentives, including cashback deals.
Just how much cashback you ask? Well, 13 lenders in the Mozo database are currently offering at least
$2,000 cashback to eligible mortgage holders willing to refinance their home loans, including the likes of 86 400, Commonwealth Bank, Credit Union SA, NAB, Newcastle Permanent and Westpac.
Some are going even higher, with the likes of BOQ, HSBC and Virgin Money all offering