The Australia and New Zealand Banking Group (ANZ) has announced an extension of an existing $1,200 rebate for new investment lending.
In a broker note, the bank said it would continue to accept both owner occupier and investor mortgage applications as the market changes and evolves.
“We remain committed to supporting our brokers and are accepting both new and refinanced home loan applications in line with our current policies,” the note said.
ANZ has extended its switching discretion – a rebate of up to $1,200 – for new home and investment loans which are refinanced to ANZ under the Breakfree home loan package until 30 April.
“This switching offer is subject to eligibility criteria and is for a limited time,” the note said.