Bluestone extends 0.25% home loan discount offer

Bluestone Home Loans has announced an extension of its 0.25% p.a. interest rate discount across its full home loan range, following strong demand from brokers and their clients. 

The limited-time offer, which launched on Aug. 13 alongside a drop in base interest rates, will now run until Sept. 26.

The lender said the discount has proven especially popular among brokers working with alt-doc, self-employed and SMSF clients.

Supporting brokers with flexible solutions

Tony MacRae (pictured), Bluestone home loans chief commercial officer, said the extension reflects the lender’s focus on helping more Australians access suitable mortgage products.

“We believe access to fair, flexible home loan solutions shouldn’t be limited to customers that fit the profile for traditional lenders,” MacRae said.

“Extending this offer is part of our broader mission to support brokers and empower more Australians to access the property market.”

Key offer details

• 0.25% p.a. discount on variable interest rates
• Available for new home loans including purchases, refinances and investment properties
• Applies to owner-occupiers, investors, full doc and alt doc customers
• Loans must settle within six months of application
• Available exclusively through accredited brokers

Bluestone also confirmed existing customers would benefit from RBA’s latest 25 basis point cut, with eligible borrowers receiving rate reductions from Sept. 1.

With interest rates still a key concern for households and expectations of a rate hold at the upcoming RBA meeting, Bluestone said the extension gives brokers and clients more time to take advantage of improved serviceability conditions.

Brokers urged to act quickly

The lender emphasised that the offer remains strictly time-limited and subject to standard lending criteria and approval processes.

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