Premium Power Pack 95% Premium Power Pack 95% (Owner Occupied)

  • 4.44%
    p.a Standard Variable
  • 4.61%
    p.a Comparison**
  • $1,370
    Upfront fees
  • $345
    Annual fees
  • 95%
    Max LVR
  • $1,962
    Per Month*

About Better Mortgage Management

Better Mortgage Management was voted No.1 non bank lender for two years in a row by Mortgage Brokers, for 2013 and 2014. They pride themselves for thinking outside the box having over 40 different loan products and can assist where other lenders can't or won't assist including our unsurpassed range of loans for self-employed borrowers. BMM is one of Australia's fastest growing mortgage managers committed to providing the best possible home loan options suited to the individual. They base their operation on efficiency, technology and commitment to service with an extensive range of flexible and competitive financial products.

Standard Variable

Repayments calculated to take into account ongoing monthly and anual fees.

Monthly repayment*
rate per annum

Loan to Value Ratio

Borrow up to the maxium of 95% of the value of the property.

Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.

However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.

Capitalise LMI


For Line of Credit and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.

15 - 30 years


The level of financial documentaion and credit history required to apply for the loan.

Full Doc
Credit History
Genuine Saving

Redraw Facility

Get quick access to cash by drawing on the loan to pay for renovations or other purchases.

Redraw Facility
Min Redraw
Redraw fee

Banking Features

Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.

Some features you may wish to consider include:

  • an offset account;
  • ability to make extra repayments;
  • a redraw facility; and
  • linked credit card and savings accounts;
  • ability to split your loan between fixed and variable interest rates
Offset Account
Redraw Available
Credit Card
Internet Banking
Telephone Banking
BPay Option
Portability of Loan
Professional Pack
Check Account
Direct Salary Credit
Free Transactions
Minimum Redraw
Redraw Fee


You can make your repayments Fortnightly, Monthly, and Weekly.

Interest Only Option
Max Interest Only
5 years

Upfront Fees

Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.


Ongoing Fees

Monthly and annual fees and charges during the loan period.

Ongoing Yearly

Exit Fees

Fees associated with prematurely ending the loan.

Early Repayment
Switch To Fixed


All the features you expect in a Pro-pack loan with Direct Salary Crediting into the loan account, 100% Offset Account, Line of Credit Facility, Internet and Phone banking. Suitable for PAYG or self-employed borrowers. Two years tax returns are required for self-employed borrowers. Borrowers must have a good credit history and can be companies or trusts. Minimum split portion is $10,000. Useful for distinguishing between loan purposes and providing assistance with income tax preparation. Fixed Interest Option 3 years - Adds additional 0.20% to delivery rate. Only available to new customers with 50% loan amount fixed. Cash Out - Available on loans up to 90% LVR. - For loans up to 85% LVR with no LMI – max cash out allowed 40% of the security value BMM’s serviceability calculator is for use only with products & purposes specified in the calculator. BMM’s product suites each have their own serviceability calculator, please contact BMM to obtain the most up-to-date calculator for the relevant product suite:

LVR Notes

No LMI payable up to 85% LVR*. To qualify; max loan amount $1.1M up to 85%LVR, Category A location only. Loans between 80-85% LVR without LMI will be subject to a 1.00% Risk Fee. Risk fee cannot be capped above 85%LVR. LMI can be capped to maximum 95% LVR. Unit/apartment located in Brisbane Inner City (as deemed by funder, ask your BDM for more info) With LMI – <80% LVR, Funder pays LMI premium costs. >80% LVR borrower to pay LMI Without LMI – <70% Max LVR LVR and Loan Amount: With LMI: Cat A - 80% ($1.25M), 90% ($1.1M), 95% ($850K) Cat B - 80% ($750K), 90% ($600K), 95% ($500K) Cat C - 80% ($500K), 90% ($450K), 95% ($350K) Metro+ Locations - 80% ($1.5M), 90% ($1.1M), 95% ($1M) Without LMI: Cat A - 70% ($1.5M), 75% ($1.5M), 80% ($1.5M), 85% ($1.1M) Cat B - 70% ($1.25M), 75% ($1M), 80% ($750K) Cat C - 70% ($500K)


Where loan is >85% LVR, borrower must demonstrate genuine savings of at least 5% of the proposed purchase price, held or accumulated over a minimum period of 3 months

Fee Notes

Establishment fee includes standard vals to $525 Lender's legals borrower paid Valuation fee is for each additional valuation, standard vals only. Exit fee includes $300 Administration fee and $308 Legal (prep) fee. Establishment and Valuation fees are based on loans >$1M - $2M. For loans under $1M: Est fee - $545 including standard vals to $290 Val fee - $340 each, standard vals only Title Insurance $132 for loans to $600K $238 for loans $60

*Monthly Repayments

Monthly repayments are calculated to take into account the loan amount, repayment term and ongoing fees and charges over the life of the loan.

  • Variable rate loans show the monthly repayments at the current rate.
  • Fixed rate loans show the monthly repayment during the fixed period only.
  • Monthly repayment calculations are an approximate guide only. Speak to a LoanMarket Mortgage broker to understand the exact cost of a loan given your particular circumstances.

**Comparison Rates

A comparison rate is a tool to help consumers identify the true cost of a loan. It factors in the interest rate, loan amount, repayment term and ongoing fees and charges and displays this as a single percentage rate that can be used to compare various loans from different lenders.

Monthly Repayment and Comparison Rate* calculations do not include:

  • The use of account features such as early repayments and offset accounts which vary widely among loans and can reduce the cost of a loan significantly.
  • Cost savings such as fee waivers or special rate discounts.
  • Fees and charges associated with loan options or events that may or may not be used by the borrower, such as early repayment or redraw fees
  • Lenders Mortgage Insurance (LMI) which may be required to secure the loan and can increase the cost of the loan.
  • Government charges such as stamp duty or mortgage registration fees.
  • Fees and charges which aren’t available at the time the comparison rate is provided