Powered by MOMENTUM MEDIA
the adviser logo
Lender

Bank pays $30k off couple’s mortgage

by Reporter5 minute read

A member-owned banking and financial services provider has awarded a customer by paying $30,000 off their home loan.

Earlier this year, non-bank lender CUA ran a competition for one member to win $30,000 towards their home loan.

To continue reading the rest of this article, create a free account
Already have an account? Sign in

The prize was recently taken out by Sydney firefighter of 25 years, John Corby and his wife Cathie who took out a new CUA home loan through Mortgage Choice (Sutherland and Cronulla).

“I was absolutely thrilled and didn’t believe it at the beginning,” Mr Corby said of the call he received telling him that he’d won.

Advertisement
Advertisement

“I do vaguely remember hearing about the promotion when we took out the loan, but you don’t think much of it as we never thought we could actually win,” he commented.

Mr Corby and his wife have lived in their house at Como for 23 years and have been empty-nesters since their two children moved out a few years ago.

According to Mr Corby, the money has come at an opportune time for the couple as they plan to fully renovate their house including a new bathroom, driveway, painting and landscaping.

“The timing of this was great for us as we were doing some renovations at home and were falling short. This will be fantastic to finish off what we’ve started,” Mr Corby said.

CUA Randwick branch manager Lionel Singh who delivered the news to Mr Corby said: “It was a real privilege to be the one to deliver this exciting news to John.”

“It sounds like this money will make a real difference and help John and Cathie to finish their renovation and give their house the makeover they’ve been dreaming about for quite a while,” Mr Singh said.

[Related: Six lenders pass on full rate cut]

Bank pays $30k off couple’s mortgage
default
TheAdviser logo
default

JOIN THE DISCUSSION

You need to be a member to post comments. Register for free today

MORE FROM THE ADVISER

daniel tuttlebee resimac asset fInance ta l27zun

Resimac takes controlling stake in Sonder

Resimac Asset Finance has expanded its acquisition stake in equipment finance business Sonder Equipment Finance...

READ MORE
asic ta 2

ASIC seeks ‘common-sense solutions’ to breach reporting

The Australian Securities & Investments Commission (ASIC) has committed to “improving” the operation of the...

READ MORE
andrew mills homestart ta htfetw

HomeStart drops graduate loan deposit to 2%

HomeStart Finance, a non-bank lender backed by the South Australian state government, has lowered the deposit hurdle...

READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more