CommBank Welcomes Regional First-Time Home Buyer Guarantee


“We want to support buyers across the country, and the new Regional Homeownership Guarantee is another way to help Australians navigate the current environment to secure their first home and invest in their future.”

To further help Australians manage the constant cost-of-living pressures, Dr Baumann said the bank is offering customers exclusive offers through its strategic partners, providing customers with real value and benefits at the beyond the home loan. In partnership with More Telecom, CBA is offering conditionally pre-approved home loan customers who settle a home loan of at least $250,000 with CBA by the end of the year a free nbn plan for three years. The 36-month nbn plan could save eligible owners over $2,700.

Additionally, last month the bank began piloting its new in-app fuel finder functionality to 250,000 New South Wales residents. The feature uses AI technology to advise customers on the cheapest fuel locations at a time that matches when they might need to refuel based on their previous fuel consumption habits.

Eligible customers are encouraged to apply for the new Regional Homeownership Guarantee through their CommBank lender or broker from October 1, 2022.

What you need to know :
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