If you’re switching from another financial institution other than MyState Bank you’ll need to submit your application to us before 31 December 2018 and if you’re purchasing a new home, applications must be received between 1 November 2018 and 31 December 2018.
Our cash bonus is only available on a property that is your primary residence and on loans over $200K. Your loan must also settle within 90 days from receiving your letter of offer.
If you don’t already have a Savings or Transaction account with us, you will need to open one so we have an account we can deposit your $1250 cash bonus into. It’s that simple.
Our normal lending and credit criteria still applies for this offer e.g. employment verification, valuation and Lenders Mortgage Insurance, if applicable.
You’re more than welcome to open a joint account, but this offer is limited to one cash bonus per loan application and if you have already received a cash bonus you are not eligible for further cash bonuses.
Our cash bonus is not available in conjunction with any other offer/special; fees, charges, terms and conditions apply and are subject to change.
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We had previously moved our existing finance from one of the 'big four‘ banks to MyState, as they were able to offer a personalised service we were not getting from our former lender.
Peter’s simplified explanations, availability and clear understanding of the lending process and outcomes provided valuable assistance for any first home buyer in looking for a new home.