Offer available to new applicants applying for a packaged home loan or a non-packaged home loan through Stepy. The offer is applicable to applications submitted between Monday 20th January 2024, and Tuesday 30th April 2024 but may be extended or withdrawn at any time.

The offer is not available in conjunction with any other offer that Stepy is offering, advertising or promoting unless otherwise stated. Offer is limited to one reimbursement per applicant, couple or associated group regardless of the number of applications being submitted.

Offer is for a yearly reimbursement (dollar for dollar) of your annual package fee or home loan account keeping fees. The maximum reimbursement per annum is $395.00. The total reimbursement advertised is based on applying with a lender which has an annual fee payable of $395.00. The total savings, should you stay with the same lender and Stepy on the same product is $11,850 over the life of the loan (when taking out a 30 year loan term).

Offer is applicable to new applicants applying through Stepy for an increase, refinance or purchase home loan with a minimum new loan amount of $500,000 per single loan. This offer is run by Stepy and is not an offer provided by or paid by your chosen lender therefore you will be required to pay the annual fee or monthly home loan account keeping fees direct to the lender and Stepy will reimburse you. To take advantage of this offer applicant/s must meet all the applicable terms and conditions.

Packaged home loan offer. A reimbursement of the annual package fee equal to the amount charged by the lender or up to a maximum of $395 (whichever the lower) will be credited to your account each year your loan stays originated with Stepy. The offer is limited to a maximum of one package fee reimbursement per annum, up to a maximum of $395.00 per annum.

Non-packaged home loan offer. A one off reimbursement of the home loan application fee equal to the amount charged by the lender or up to a maximum of $395.00 (whichever the lower) will be credited to your account. Additionally an annual reimbursement of any monthly home loan account keeping fees will also apply (capped to a maximum of $180 per annum or $15 per month).

The offer does not extend to any other fees payable to the lender except for the fees and or charges stated in points 4 & 5. Any amounts to be reimbursed to the applicant/s are contingent on the fee payable to the chosen lender and will be reimbursed dollar for dollar to a maximum amount of $395.00 per annum. Reimbursements will be paid annually and credited to your account (as nominated upon settlement). Stepy processes reimbursements within 10 business days of your annual settlement anniversary, and it may take up to 20 business days for the funds to be received in your nominated account.

Reimbursements are applicable only while your loan is originated through Stepy. If the loan is refinanced (internally or externally) via a third party, or the loan is repaid, discharged, or refinanced the offer will cease. Reimbursements are not applicable to bridging loans with no end debt or short term loans where Stepy will receive a clawback. Offer will not be honoured for loans that are in arrears, for any applicant/s who find themselves in this position please contact Stepy so that we can help you find possible solutions.

Tax consequences may arise from this offer for investors and applicant/s should seek their own independent legal advice on any taxation matters. Stepy will not be held liable for any tax implications that arise from this offer.

The reimbursements are paid by Stepy PTY LTD; in the event Stepy PTY LTD ceases trading the offer will become null and void, and reimbursements will also cease.