Variable home loan with offset

$4,000 Refinance Cashback per primary applicant for applications received between 8th December 2021 - 31st October 2022 and settled by 31st January 2023. Limit of one $4,000 cashback payment regardless of the number of applications, applicants, properties or loans involved per 12 month period. For joint applications, only one cashback payment will be paid to the primary applicant.

The cashback will be paid into a St.George transaction account within 60 days of settlement. The transaction account must be in the same name as the home loan account and linked to the home loan at the time of settlement. This account must be kept open for 60 days after settlement.

For the $4,000 cashback offer, tax consequences may arise for investors and you should seek independent advice.

If your home loan is with another lender, you can switch to a St.George home loan: we call this ‘refinancing’. If you already have a home loan with us, and you’d like increase your loan with a ‘top up’, you can find out more here.

'Owner Occupier’ means you live in the property. If you live elsewhere, you’re an Investor.

As long as you meet the eligibility for the offer (excludes Owner Occupier Interest Only loans), then yes you can.

As long as you meet the eligibility for the offer, then yes you can. 

For the $4,000 Cashback offer, you’ll need to meet these conditions:

• It’s an Investment home loan on either Interest Only or Principal & Interest repayments, or an Owner Occupier home loan with Principal & Interest repayments
• It’s either our Basic Home Loan, or a Fixed or Variable Rate home loan under our Advantage Package^# ($395 annual package fee and full terms and conditions apply)
• Limit of one $4,000 cashback payment regardless of the number of applications, applicants, properties or loans involved per 12 month period. For joint applications, only one cashback payment will be paid to the primary applicant.
• Loan size needs to be at least $250k.
• LVR up to 80%
• Apply before 31st October 2022 and settle by 31st January 2023.

Yes there are some. The $4,000 Cashback offer:

• Excludes Owner Occupier home loans with Interest Only repayments
• Excludes Portfolio Loans and residential lending originated under family or company trusts
• Excludes home loan switches and internal refinances within the Westpac Group, including St.George, Bank of Melbourne, Westpac, BankSA and RAMS
• Excludes loans with an LVR above 80%
• Only one $4K cashback offer per primary applicant within a 12 month period
• For joint applications, only one cashback payment will be paid to the primary applicant.
• Excludes any loan amount below $250k

The 12 month period commences from the date your cashback is paid into your account.

Here's a summary of our FASTRefi process:

Step 1 – apply 

• Apply for your home loan as normal.
• Your St.George lender calculates your estimated payout: they'll let you know if you qualify for FASTRefi. 

Step 2 – sign your loan documents

• Once you’ve returned your signed St.George loan documents and shown evidence of your current balance, relax – your work is done! 

Step 3 – we'll open your St.George loan

• We'll send the funds electronically to your other lender, paying out your old loan – your St.George loan is ready. 
• You may be charged an additional settlement agent fee by your old lender (ANZ, CBA, Citibank, NAB and Westpac tend not to charge this fee).

Step 4 – we'll settle your old loan

• After settlement, we'll complete the recovery of your title and registration.
• Any leftover buffer is refunded to you. Or if there's a shortfall, you'll need to cover it.
   

Your guide to FASTRefi (PDF 2MB)