Fast Settlement Myths vs Facts: Claiming the $3,000 Cash Back
Getting to settlement in 60 days isn’t magic—it’s process. Let’s debunk the big myths. Myth: “I can declare my intent any time.” Fact: Intent to take up the offer must be declared at application and no later than 7 days after application. Myth: “Apartments are fine.” Fact: Units, apartments, townhouses, and strata titles are excluded. Eligible security is a freestanding house in highly marketable condition. Myth: “I can get an extension if the vendor is slow.” Fact: The offer requires settlement within 60 calendar days on a two-way no-fault basis. Extensions are not available. Myth: “Any loan size qualifies.” Fact: The minimum loan drawdown is $300,000 at settlement. Full offer details | See if refinancing fits | Apply Online
PAYG? Here’s How to Qualify for Mortgage House’s $3,000 Cash Back
Everything PAYG borrowers need to know—no jargon, just the rules that matter. The Non-Negotiables Freestanding house security in a normal street, highly marketable condition. Minimum $300,000 loan drawdown at settlement. Settle within 60 calendar days of application on a two-way no-fault basis. Declare your intent to claim at application (≤ 7 days maximum). Construction, relocation, and internal refinances are excluded. Units / apartments / townhouses / strata are excluded. Timing Matters Applications submitted from 1 October to 1 February each year are not eligible. Documents You’ll Typically Need Recent PAYG payslips and employment verification Identification for AML/CTF checks Bank statements Contract of sale (purchases) or loan statements (refinances) Check the full offer details | Apply Online