Buying or Refinancing? Rates From 5.94% + LMI Waivers & Cashback.
Hi,
🏡 Looking to Purchase or Refinance? There Are Some Great Opportunities Right Now
Whether you're buying your next home, purchasing an investment property or refinancing an existing loan, there are some very competitive lending offers hitting the market right now.
Owner Occupier Principal & Interest rates are starting from 5.94% p.a. for eligible borrowers.
And if you're purchasing or refinancing with an LVR between 80% and 90%, don't automatically assume you'll be hit with a large Lenders Mortgage Insurance (LMI) bill.
Some lenders are offering LMI waivers for eligible borrowers between 80% and 90% LVR, while others are offering up to $2,000 cashback on eligible LMI deals.
It is definitely worth having me run the numbers.
❤️🩹 Shona Stephenson – Back at Work and Recovering After Breast Cancer Surgery
I'm back at my desk, doing what I love — writing mortgages, researching lenders and helping people buy homes and save money — while recovering from my recent breast cancer surgery.
It's certainly been a big year, but I'm very happy to be back working and looking after my clients.
And there couldn't be a better time to be back researching, because there are some great opportunities across the lending market for both purchasers and refinancers.
🏡 Owner Occupier P&I Rates
Under 60% LVR: From 5.94% p.a.
60–70% LVR: From 5.99% p.a.
70–80% LVR: From 6.14% p.a.
Offset options: Available from 5.99% p.a.
🏘️ Investment P&I Rates
Under 60% LVR: From 6.09% p.a.
60–70% LVR: From 6.14% p.a.
70–80% LVR: From 6.24% p.a.
These particular promotional rates are available from 14 September to 30 October 2026, with the usual $299 establishment fee also waived for eligible applications.
💰 Purchasing or Refinancing at 80–90% LVR?
This is where things are getting particularly interesting.
Traditionally, borrowing more than 80% of a property's value could mean paying Lenders Mortgage Insurance (LMI) — whether you're purchasing a property or refinancing.
But there are now some alternatives worth exploring.
Some lenders are currently offering LMI waivers for eligible borrowers between 80% and 90% LVR.
Other lenders are offering up to $2,000 cashback on eligible LMI deals, which can help offset some of the costs of purchasing or moving your loan.
There are also lenders that don't charge traditional LMI but instead use alternative pricing structures, such as a risk fee or a higher interest rate.
That's why the lowest advertised rate isn't always the best deal.
I look at the interest rate, LMI or risk fee, cashback, upfront costs, repayments and loan features to determine what actually makes financial sense for you.
🔑 Buying a Property?
If you're thinking about buying, I can help you understand:
How much you can borrow
What purchase price you can realistically target
How much deposit you'll need
Whether you may qualify for an LMI waiver
Which lenders suit your individual circumstances
What your repayments and overall funding position will look like
Getting this sorted before you start seriously looking at properties can put you in a much stronger position when it's time to make an offer.
🔄 Already Have a Home Loan?
When was the last time you checked whether it's still competitive?
Your property may have increased in value while you've been paying down your loan. That could mean your LVR has reduced, potentially opening the door to better interest rates and lending options.
More likely, your LVR may now be sitting below 80% as a result of capital growth in your property over the past year or so, combined with the repayments you've already made on your loan.
If that's the case, it could be the perfect time to run a Home Loan Health Check. You may now qualify for a better interest rate, giving you the opportunity to reduce your repayments and improve your monthly cash flow.
Let me do the research and see if your current lender is still giving you a competitive deal.
🔎 I'll Do the Research for You
You don't need to spend your weekend comparing banks and trying to decipher different loan products.
That's my job.
If you're refinancing, send me your current loan balance and interest rate, and I'll complete a Home Loan Health Check.
If you're looking to purchase, send me a message and I can work through your borrowing capacity, deposit and potential purchase price with you.
If your existing lender is still the best place for you, I'll tell you.
And if I can find an opportunity to reduce your rate, avoid LMI, secure a cashback, increase your purchasing options or improve your loan structure, I'll show you the numbers so you can make an informed decision.
We work for you, not the banks.
Reply to this email, and I'll take a look.
Cheers,
Shona Stephenson
Principal Mortgage Broker
Best Foot Forward Mortgage Solutions
Rates, LMI waivers, cashback offers, lending criteria, fees and promotional offers are subject to lender eligibility requirements, terms and conditions and may change. Comparison rates and applicable fees should be considered when comparing loan products.
The information contained is general information only and does not consider your objectives, financial situation and needs. Please talk to us if you need a fast-tracked home loan, and we can help you find a lender that has the processes in place to process the application quickly. We strongly recommend that you do not act on any information provided on this website without individual advice from your trusted advisor. You should also obtain a copy of and consider the Product Disclosure Statement for all financial products before making any decision.
Best Foot Forward Mortgage Solutions always tries to make sure all information is accurate. However, when reading our website, please always consider our Disclaimer policy.
