National Australia Bank (NAB) offers a cashback incentive for customers refinancing their home loans. This initiative aims to assist borrowers in managing the costs associated with switching lenders.
Eligibility Criteria
- Minimum Loan Amount: $250,000 AUD.
- Loan Type: Applicable to refinances of existing home loans.
- Loan-to-Value Ratio (LVR): Typically must be 80% or less, subject to NAB's lending criteria.
- Account Requirement: Applicants are generally required to hold an active NAB transaction account at the time of application.
Cashback Details
- Cashback Amount: $2,000 AUD.
- Usage: The cashback can be utilized for various purposes, such as covering moving expenses, purchasing furniture, or other personal financial needs.
- Payment Timing: The cashback is typically credited to the borrower's nominated NAB transaction account after the loan settlement.
Application Process
To apply for the NAB home loan cashback offer, interested individuals should:
- Contact NAB: Reach out to NAB through their official channels to express interest in refinancing.
- Provide Documentation: Submit necessary documentation, including proof of income, property details, and current loan information.
- Meet Eligibility Requirements: Ensure all eligibility criteria are satisfied before proceeding with the application.
For more detailed information or to initiate the application process, please visit the NAB Home Loan Offers page or contact NAB directly at 13 78 79.
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