Finsure has announced sweeping interest rate reductions across its Loans Plus, Thrive, and Bridge product ranges, effective June, delivering welcome relief to brokers and borrowers ahead of expected further easing by the Reserve Bank.
These product updates follow several recent strategic initiatives from Finsure. The group launched the Women in Finsure Scholarship in May—an industry-first program supporting women entering mortgage broking—and has introduced a new private commercial lending solution under its white label brand, Finsure Loans Now.
From June 5, Finsure Loans Plus will cut variable rates by 0.25% p.a. for existing clients with home, commercial, construction, and SMSF loans. Letters confirming new rates and repayment terms will be issued to eligible borrowers.
“For conditional or formal approval applications, a reduction of 0.25% p.a. will be applied… at settlement or on 5 June 2025 – whichever date is later,” Finsure said.
New applications submitted from that date will also receive reduced pricing. Updated rate cards will be available through aggregator CRMs.
Finsure Loans Thrive will apply a 0.25% p.a. cut across all variable rate products from June 16, covering both existing and new customers.
“Loan applications received from 21 May 2025 onwards will be assessed at the applicable new rate,” the lender said.
Brokers can download the latest Thrive products and rates via Infynity.
Finsure also confirmed the extension of its no-LMI, no-LPF, and no-risk-fee promotion on Prime Full Doc residential property loans up to 90% LVR until July 24.
Clients borrowing between 90–95% LVR can still access loans with a flat 3% fee, and there are no occupation restrictions, provided applicants meet prime eligibility criteria.
The promotion isn’t available for vacant land or construction loans.
To support borrowers combining residential and commercial lending, Finsure continues to offer a $990 Combo Loan Fee covering:
The offer applies to commercial loans up to $4 million and residential loans up to $2.5 million.
Effective June 11, Finsure Loans Bridge is reducing rates by 0.25% p.a. and introducing a new Stay Rate that offers more flexibility for clients upsizing before selling.
“Your client’s loan starts out on our Bridge rate,” Finsure said. “Once they sell their outgoing property… the rate will automatically decrease to our stay rate (from 7.29% p.a), with no monthly repayments required for the remainder of the term.”
Key benefits include:
Finsure Thrive continues to offer flexible lending solutions for self-employed and complex borrowers across residential, commercial, and SMSF loans, including:
For more details, brokers are encouraged to download the latest product guides and reach out to their BDMs.
