$1000 -$3000 Refinance Cashback Offers, $3000 cash back for first home buyers.
Wow, 🤩 what a start to the Week! Lenders offering $3000 Refinance Cashbacks.
There are some very real opportunities in the market right now — and if you’ve been thinking about refinancing or buying your first home, this could be your moment.
Between generous refinance cashback offers, flexible lending options for self-employed borrowers, and strong incentives for first home buyers, lenders are competing hard for quality clients.
Here’s what you need to know.
💰 $1,000–$3,000 Refinance Cashback Offers
Several lenders are currently offering cashback incentives ranging from $1,000 to $3,000 for eligible refinance applications.
Why are they doing this?
Competition. Banks and non-bank lenders want strong borrowers on their books, and cashback offers are one way to encourage people to switch.
Who is this ideal for?
Refinance to a New Lender.
Borrowers who haven’t reviewed their rate in 12–24 months
Clients coming off fixed rates
Investors looking to improve portfolio cash flow
Why refinancing now can make sense
A cashback offer is helpful — but the real win is securing:
A sharper interest rate
Reduced monthly repayments
Better loan features (offset, redraw flexibility, debt recycling options)
Improved long-term strategy alignment
In many cases, we’re seeing:
Lower rates than clients expected
Stronger serviceability positions than mid-2023
Significant lifetime interest savings
The cashback becomes a bonus on top of a strategic restructure.
However, not all cashback offers are equal. The interest rate, fees, policy flexibility, and long-term suitability matter far more than a short-term incentive. We always compare the total financial outcome, not just the headline offer.
📊 Self-Employed? 1-Year Financials May Be Enough
This is a big one.
Traditionally, self-employed borrowers have needed two years of financials to secure a home loan. However, more lenders are now accepting just one year of financials — provided the business is strong and sustainable.
For many business owners, this is game-changing.
This may suit you if:
You’ve recently gone out on your own
Your income has significantly increased in the last year
Your first year was stronger than your previous PAYG income
You want to refinance but were previously told “you need another year”
Lender policy is nuanced here. Some assess:
One year tax returns + financials
ABN registration length
BAS statements
Industry stability
Prior employment history
We can increase your borrowing capacity by adding Addbacks
This works by adding the following together;
Directors’ Salary/Wages.
Company Profit
Depreciation.
Interest Paid on Loans.
One-off Non-recurring expenses/ IAWO.
If you’d like to explore your borrowing capacity with 1 year’s financials, please reach out. I am here to help.
The key is structuring the application properly and choosing the right lender from the outset.
🏡 $3,000 Cashback for First Home Buyers (Non-HGS Lenders)
There are currently $3,000 cashback offers available for eligible first home buyers through select non-Home Guarantee Scheme (HGS) participating lenders.
This is particularly relevant if:
You don’t qualify for the Home Guarantee Scheme, using a Family Guarantee
The HGS places limits on your property price
You prefer a lender outside the major bank panel
You want flexibility in structure
While the Home Guarantee Scheme can be fantastic, it isn’t always the best fit for every buyer. Some non-HGS lenders are:
Competitive on rate
Flexible on policy
Offering meaningful cashback incentives
Able to move quickly
For first home buyers, that $3,000 can help cover:
Legal fees
Inspections
Moving costs
Initial furnishing expenses
But again — strategy matters more than incentives.
We look at:
Long-term borrowing capacity
Future investment plans
Upgrade timelines
Cash flow management
Risk tolerance
Your first property purchase should support your 5-10 year plan — not just solve today’s goal.
Why This Matters Right Now
We’re in a market where:
Rates have stabilised compared to peak volatility
Borrowing capacity has improved from 2023 lows
Property prices are holding firm in many areas
Lenders are actively competing for strong borrowers
That combination creates opportunity.
If you:
Haven’t reviewed your loan in over 12 months
Are self-employed, and assumed your options were limited
Are you a first home buyer unsure which pathway is best
Want to strengthen your long-term property strategy
It’s worth having a conversation.
A Strategic Reminder
Cashback offers are temporary.
Policy windows open and close.
Assessment approaches shift.
But strategy endures.
At Best Foot Forward Mortgage Solutions, our focus is not just securing approval — it’s ensuring your lending structure supports:
Wealth creation
Risk management
Flexibility
Long-term financial strength
Whether that means refinancing for better terms, structuring your first purchase correctly, or navigating self-employed lending policy — the goal is always the same: move you forward confidently.
If you’d like a personalised review or want to see whether one of these offers suits your situation, simply reply to this email or book in for a strategy call.
Let’s make sure your lending is working as hard as you are.
Warm regards,
Shona Stephenson
Principal Mortgage Broker
Best Foot Forward Mortgage Solutions
The information contained is general information only and does not consider your objectives, financial situation and needs. Please talk to us if you need a fast-tracked home loan, and we can help you find a lender that has the processes in place to process the application quickly. We strongly recommend that you do not act on any information provided on this website without individual advice from your trusted advisor. You should also obtain a copy of and consider the Product Disclosure Statement for all financial products before making any decision.
Best Foot Forward always tries to make sure all information is accurate. However, when reading our website, please always consider our Disclaimer policy.
