Why this regional lender could be the secret to a smarter home loan – and up to a $4k head start
When it comes to taking out a home loan, it’s all too easy to stick with the familiar names – the big banks, the flashy ads, similar offerings. But savvy borrowers are increasingly looking beyond the usual suspects and discovering that smaller, regional lenders can pack a serious punch when it comes to value, service, and flexibility.
One name making waves? Regional Australia Bank, a member-owned bank based in the heart of regional NSW, that’s offering something compelling right now: up to $4,000 cashback for eligible home loan borrowers and refinancers.
Regional banks are steadily attracting attention for doing things a little differently. Being customer-owned means they’re not focused on generating profits for shareholders – instead, the priority is putting value back into customer experiences, pricing, and community impact.
That focus is showing up in tangible ways. Regional Australia Bank offers highly competitive variable and fixed rate home loans, with features like optional 100% offset accounts, and fee-free redraws (variable loans only). The bank also won in the Mozo Experts Choice Awards 2025 for fixed rate home loans.
Importantly, you don’t need to live in regional Australia to take advantage of these offers.
Regional Australia Bank’s cashback deal is available to eligible borrowers who take out an owner-occupied or investment loan of at least $250,000, which qualifies for a $2,000 cashback. It’s also a practical sweetener for refinancers looking to ease the cost of changing lenders. Depending on the loan amount, borrowers could pocket $2,000, $3,000, or even $4,000, paid into a Regional Australia Bank account within 60 days of settlement.
One cashback applies per customer, and standard lending criteria, fees, exclusions, and conditions apply. Importantly, the cashback doesn’t come with excessive hoops: it’s available on eligible new fixed or variable loans with an LVR of 80% or less, with applications submitted by 30 June 2025 and loans settled by 30 September 2025. That gives borrowers a decent window to explore their options and make the switch.
Grab a cashback deal with one of these home loan options below.
Regional Australia Bank Home Loan
- Get up to $4,000 cash back (T&Cs apply)
- No ongoing or application fees
- Offset and redraw options available
With variable rates starting from 5.56% p.a. (comparison rate* 5.57% p.a) for borrowers with an LVR 60% (40% deposit or equity) , Regional Australia Bank’s home loan could be a way for you to save money on your home loan. It has both an offset (higher rates apply) and redraw option available and you can even split the loan between fixed and variable options. This home loan is also low on fees with no monthly, documentation or approval fees and valuation fees are charged at cost. You’ll get a dedicated relationship manager to provide you with support during and after the application and approval process. This home loan is also low on fees with no monthly, documentation or approval fees and valuation fees are charged at cost. You’ll get a dedicated relationship manager to provide you with support during and after the application and approval process.
Regional Australia Bank Fixed Rate Home Loan
- Lock in certainty with fixed rates and up to $4,000 cash back (T&Cs apply)
- No ongoing or application fees
- Optional split and offset features available
Looking for stability in your repayments? Regional Australia Bank’s Fixed Rate Home Loan gives you the peace of mind of knowing exactly what your repayments will be. Fixed rate terms are available for 1 to 5 years. Loan features include optional offset (available on some fixed rate terms and higher rates apply) and the ability to split your loan between fixed and variable terms. Rates start from 5.25% p.a. (comparison rate* 5.62% p.a.) for borrowers with an LVR of 60%, fixed for two years. There are no monthly, application, or documentation fees, and valuation fees are charged at cost. You’ll also be supported by a dedicated relationship manager throughout your loan journey.
* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.
^See information about the Mozo Experts Choice Home Loan Awards
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