True Blue Expats Full Doc Standard Variable No Annual Fee True Blue Expats Full Doc Standard Variable No Annual Fee (Principal & Interest)

  • 4.84%
    p.a Standard Variable
  • 4.87%
    p.a Comparison**
  • $1,295
    Upfront fees
  • $0
    Annual fees
  • 90%
    Max LVR
  • $2,014
    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 90% 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 Equity, Investment, and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.

0 - 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
0 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.


Exit Fees

Fees associated with prematurely ending the loan.

Early Repayment
Switch To Fixed


True Blue ExPats Full Doc: - Lending for Expat’s Up to 90% LVR + Capped LMI - For purchase, Refinance, Debt Consolidation and Cash Out - No Annual Fee Option Available – Save $330pa (Rate Loading 0.10% applies) - Up to 5 years Interest Only <85% LVR (Rate Loading 0.20% applies) - Fixed Rates 2 – 5 years available on request - Available for investment purchase & refinance up to 90% Loan Purpose: Loans for owner-occupied and investment properties. Acceptable loan purposes include: Purchase of an existing residential property, Home Improvement, Refinance existing mortgage, Debt Consolidation and Equity Release / Cash Out Employment / Income: The following employment types are acceptable for this product: - PAYG / Permanent Full Time or Part-Time Employment - Contract Employment - Casual Employment Split Facility: - Up to 4 splits available; Min $30K. No fees to combine fixed & variable rates - Split fee applies for all loan splits. No extra fee to have a combination of Fixed & Variable interest rates Additional Repayment: Unlimited additional repayment for variable rate; not allowed for Fixed Rate Repayment Options: Repayments can be made by direct debit request, direct electronic credit or inter-account payment (IAP) and BPay Loan Top-Ups available. Must be within maximum LVR and loan amount criteria. Product Switching & Loan Portability available, fees and charges may apply Redraw: Available for Variable rate only. Available as required and accessed via the Internet. Manual transaction fee applies for requests that are manually processed by BMM Additional Requirements: - Acceptable income evidence must be translated into English and converted into Australian dollars using the current exchange rate - Max 80% of overseas income converted to AUD may be used for serviceability + Rental Income - Income must be evidenced by salary credits for 3 months (statements to be provided) - 2 current payslips must be provided - Negative gearing is to be excluded from serviceability calculations. Translation of Documents: All Non-English Documents supplied with this application must be: - Translated into English, using a NAATI approved translator (evidence of service must also be supplied) OR - Supplied untranslated, for BMM to arrange translation with NAATI approved translator - Translation Fee starting at $300 Unsuitable Country List: Unsuitable countries are any countries listed on the Australian Government & United Nations sanctions list. The current sanctions list changes at the discretion of the Australian government & the United Nations; as such always check DFAT for current list

LVR Notes

LMI is required for all loans, customer pays LMI when LVR >80%. LMI can be capitalized into the loan, up to and including Max LVR 90% (+ Capped LMI). Up to 90% LVR (+ Capped LMI) Applications 80% – 90% LVR MUST be stronger than average Min $30,000 Max $750,000 Max Loan amount varies based on security location


Owner-Occupied property Purchase – 5% genuine savings required as a minimum deposit for loans with LVR in excess of 85% Investment Property Purchase – 10% genuine savings required as a minimum deposit for loans with LVR in excess of 85%

Fee Notes

Establishment fee (MUST be paid at application) - $695 includes one standard valuation to $275 Translation Fee (if applicable, MUST be paid at application) - $440 minimum Split Fee - $100 Additional Valuations - $325 each, standard valuations only. Properties over $500K or in remote areas may incur additional fees Discharge Administration Fee - $290 Administration Fee, Legal (preparation) Fee $308

*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