Introducing our lowest rates ever!
September is a massive month of changes at Bluestone! We’re slashing our interest rates across our products, waiving some of our risk and establishment fees for a limited time and reducing our interest-only loading by half!
These changes will be effective for new loans from Friday 17 September and all applicable loans in the pipeline.
Here’s our CCO James Angus with more details:
Lower interest rates across our products
We’re reducing our home loan interest rates for Prime alt doc, Near Prime full and alt doc, Specialist full doc, and Specialist+ full and alt doc.
- Up to 0.65% reduction on Prime alt doc rates from 3.14% (3.19% comparison rate)
- Up to 0.20% reduction on Near Prime full doc rates from 3.24% (3.53% comparison rate)
- Up to 0.30% reduction on Near Prime alt doc rates from 3.69% (3.97% comparison rate)
- Up to 0.15% reduction on Specialist full doc rates from 4.39% (4.67% comparison rate)
- Up to 1.70% reduction on Specialist+ full doc rates from 5.39% (5.73% comparison rate)
- Up to 1.75% reduction on Specialist+ alt doc rates from 5.79% (6.13% comparison rate)
$590 establishment fee waived for some Prime full doc loans
We’re waiving the establishment fee for new and pipeline Prime full doc loans with an LVR of ≤80% until 30 November 2021.
Risk fee waived for some Near Prime and Specialist loans
We’re waiving the risk fee for all new and pipeline Near Prime and Specialist loans with an LVR of ≤70% until 30 November 2021.
Interest-only and line of credit loadings cut in half
Our interest-only loading is now 0.25% for all new and pipeline loans from 17 September 2021.
See our new product matrix for full details.