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Non-bank lender gives $600 to customers

by Staff Reporter6 minute read

Staff Reporter

In a bid to increase its competitive position within the home loan market, Opportune Home Loans has guaranteed to give all borrowers that settle loans with the non-bank lender a $600 rebate.

To qualify, the minimum loan size needs to be $150,000 for new facilities set up, and unconditionally approved by the end of December 2010.

“Many borrowers on higher rates may need an incentive to refinance, so we will offer them this rebate to help them get into a better financial position,” Opportune founder Paul Ryan said.

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