Get a two year fixed home loan interest rate of 4.25%p.a. when you switch your existing home loan to an ASB home loan. Also ASB’s standard loan processing fee of $400 will be waived.
This offer is limited to the first 100 registrants who complete registration via GrabOne and is subject to the following key Terms (and the Conditions below):
- Registrants are required to complete and receive approval of an ASB home loan application which is subject to ASB’s lending criteria, terms and conditions;
- A minimum of 20% equity in the security property is required i.e. a loan to value ratio (LVR) of 80% or less;
- The new home loans must be approved by ASB and the loan(s) documented by 2 November 2015 to secure the interest rate. Once documented, the borrower will then have 60 days to draw down their new home lending and complete the refinance;
- Not available for use on existing ASB home lending or loans for business purposes;
- A cash contribution is not available with this offer and registrants will be liable for all legal costs and other fees associated with the refinance from their existing lender to ASB; and
- This offer cannot be used where the existing home lending is with BankDirect or Sovereign.
Conditions
Valid from Oct 19, 2015
Expires Nov 2, 2015
Limit: 1 per user
Limit 1 per user .This offer is valid between 19 October 2015 and 2 November 2015 and applies to home loans being switched to ASB Bank Limited only. This offer can only be redeemed by calling 0800 272 206 within Contact Centre hours of 8:00am to 8:00pm and by completing an ASB home loan application. The ASB home loan application must be approved and the loan documented by 2 November 2015 to secure the two year fixed home loan interest rate of 4.25% p.a. Once documented, you will have 60 days to draw down your interest rate before it will expire. This offer and home loan application is subject to meeting ASB lending criteria, terms and conditions, having a minimum of 20% equity in the security property being provided to ASB and must involve the refinance of an existing home loan to ASB Bank Limited (existing home loans with BankDirect and Sovereign are excluded from this offer). Should your ASB home loan application prove to be unsuccessful, your registration fee of $50 is refundable. The offer cannot be gifted, exchanged or transferred and is not redeemable for cash or other ASB Bank Limited products or services. By registering for the ASB two year fixed home loan interest rate of 4.25% p.a. you agree that there will be no cash bonus or cash contribution from ASB and you understand that you will incur legal costs, and may incur break fees from your current lender, associated with refinancing your home lending to ASB Bank Limited. This offer cannot be used in conjunction with any other discount or package offers provided by ASB. Employees of ASB and its related companies (as defined in the Companies Act 1993) and of any agencies used in respect of this offer, their spouse (either married or de facto) and their dependents (children and/or parents living with them) are not eligible for this offer.
See the rules that apply to all deals.
