Depending on your role, this benefit allows you to potentially save on the cost of the principal mortgage payments and the cost of the interest payments. To take advantage of this benefit you must be the owner-occupier of your primary place of residence. It is not available for an investment property. The mortgage must be through a financial institution, registered financial corporation, approved first home owner grant processing entity, or the Queensland Government via the Department of Housing and Public Works. The use of facilities such as lines of credit secured against your mortgage and offset accounts are not able to be packaged. Payments can be made on a one off or regular basis and may be made directly to your financial institution or as a reimbursement back to you.
For more information about this benefit and your eligibility criteria, please refer to the Employee Information Booklets and Benefit Item Fact Sheets which can be found here.
If you are unsure of your eligibility, please check with your employer.
How do I claim?
If you set up this benefit for RemServ to make regular direct payments to either you or your financial institution, this will happen automatically on an on-going basis. If you set-up a one-off payment, you will be required to submit a claim for this benefit each time.