Refinancing Cash back Promotion Terms and Conditions

  1. Promoter
    The promoter is Cornerstone Loans Pty Ltd (54 693 469 466).

  2. Promotion Period
    This promotion commences on the date 26 March 2026 and ends at 11:59 pm AEST on 30 June 2026. Enquiries received after this date will not qualify.

  3. Eligibility
    To be eligible for the cashback offer, a client must:
    a. Submit a refinance application for a loan over the amount of $300,000 through Cornerstone Loans Pty Ltd during the promotion period.
    b. Successfully refinance an existing residential mortgage to a new lender through Cornerstone Loans Pty Ltd.
    c. Have the refinance fully approved, documented and settled with the lender.
    d. Be an Australian resident aged 18 years or over.
    e. Meet the lending criteria of the selected lender.

  4. Qualifying Loans
    The promotion applies only to residential mortgage refinances arranged through Cornerstone Loans Pty Ltd with participating lenders.
    The promotion does not apply to:

    • New property purchases

    • Construction loans

    • Internal refinances with the same lender

    • Loan increases without a refinance

    • Commercial or business lending.

  5. Cashback Amount
    Eligible clients may receive $1,000 cashback.
    The exact cashback amount will be determined at the discretion of Cornerstone Loans Pty Ltd and may depend on factors including but not limited to:

    • Loan size (minimum $300,000)

    • Complexity of the transaction

    • Lender commission received

    • Cost of processing the refinance.

  6. Minimum Loan Size Requirement
    Cornerstone Loans Pty Ltd reserves the right to set a minimum refinance loan amount in order to qualify for the maximum cashback amount.

  7. Payment of Cashback
    Cashback payments will be made only after:

    • The refinance loan has successfully settled, and

    • Cornerstone Loans Pty Ltd has received the commission payment from the lender (can take up to 90 days after settlement)

    Payment will typically be made by electronic transfer to the borrower’s nominated Australian bank account within 30 days of commission receipt.

  8. Limit per Loan
    Only one cashback payment per loan settlement is permitted, regardless of the number of borrowers.

  9. Multiple Applications
    Multiple loans for the same borrower or associated borrowers may be declined from the promotion at the discretion of Cornerstone Loans Pty Ltd.

  10. Right to Verify
    Cornerstone Loans Pty Ltd reserves the right to verify eligibility and to decline the cashback where false or misleading information has been provided.

  11. Not Financial Advice
    Information provided in the promotion is general in nature and does not take into account personal financial circumstances. Clients should consider whether the refinance is appropriate for their situation.

  12. Lender Approval Required
    All loans are subject to the credit approval, policies, and lending criteria of the relevant lender.

  13. Costs of Refinancing
    Clients may incur costs when refinancing, including but not limited to discharge fees, break costs, government charges, and lender fees. These costs may exceed any cashback received.

  14. Promotion Changes
    Cornerstone Loans Pty Ltd reserves the right to modify, extend, or withdraw this promotion at any time without notice.

  15. Non-Transferable
    The cashback offer is not transferable or redeemable for any other benefit.

  16. Tax Responsibility
    Any tax liability arising from receipt of the cashback is the responsibility of the recipient.

  17. Privacy
    Personal information collected will be handled in accordance with the Cornerstone Loans Pty Ltd Privacy Policy.