July’s top home loan cashbacks: You could get up to $4,000
Key takeaways
- An increasing number of lenders are offering home loan cashbacks worth thousands of dollars. We've rounded up the biggest deals here.
- Most cashbacks are for refinancers, but some are for other borrowers too.
- What's next: Home loan cashbacks are great, but make sure you compare interest rates and fees too.
1. IMB - get up to $4,000 cashback
IMB is offering up to $4,000 cashback for both refinancers and new purchasers. The cashback amount depends on your loan size, and you'll need a loan-to-value ratio of 80% or lower:
- $250,000–$499,999 = $2,000 cashback
- $500,000–$749,999 = $3,000 cashback
- $750,000 and over = $4,000 cashback
This is the biggest cashback you get right now, and the fact that it's for both refinancers and purchasers makes it even more appealing.
2. ME Bank - get a $3,000 cashback
If you switch to ME Bank and your loan is $700,000 or higher, you can get a $3,000 cashback. This is available to owner-occupiers and investors.
It's one of the bigger cashbacks on offer, but it's only for bigger home loans. You have to apply by 28 August 2026 to qualify.
3. Newcastle Permanent - up to $3,000 cashback
If you apply for a Newcastle Permanent home loan online you can get up to $3,000 cashback. And it's for both purchasers and refinancers.
You can get $2,500 for loans of $250,000 to $499,999, and $3,000 for loans of $500,000 or more.
Want more options?
Check out every home loan cashback offer
4. Greater Bank - up to $3,000 cashback
Greater Bank offers a very similar cashback to Newcastle Permanent: refinancers and purchases can get $2,500 for loans of $250,000 to $499,999, or $3,000 for loans of $500,000 or higher.
This includes investment loans. You need to apply online.
5. ANZ - $3,000 first home buyer cashback
Eligible first home buyers can get a $3,000 cashback with an ANZ home loan.
To qualify, you need to be a first home buyer with a loan of $250,000 or more. The offer excludes ANZ Plus home loans, and you can't get the cashback if you're participating in a government first home guarantee scheme.
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