Investor loan commitments continue to outpace first-home buyer commitments
Non-bank lender Bluestone Home Loans has temporarily waived its 0.3% ‘investor loading’ fee on new investor loans.
The waiver, applicable to all non-SMSF loans settled within 90 days from 7 April, means borrowers can temporarily get an investor loan for owner-occupier rates.
“Investors are navigating rising costs and shifting market conditions. By waiving the investor loading, we’re helping them move forward with a more cost-effective lending solution,” said Bluestone’s chief commercial officer Tony MacRae (pictured).
He added: “Brokers tell us their investor clients want lenders who truly understand their needs and deliver real value.
“This is another way Bluestone is backing brokers and their clients with practical, competitive solutions.”
Bluestone said its investor loading waiver, which was last implemented in August 2024, was among the lender’s most popular offers among brokers.
Investor loan commitments have significantly outpaced first-home buyer commitments in Australia.
Per the latest Australian Bureau of Statistics (ABS) data, the total value of new investor loan commitments grew 22.2% year on year in the December 2024 quarter, compared to just 5.5% for first-home buyers.
However, investor loan commitments on a quarter-on-quarter basis fell by 2.9% in the December quarter, compared to 1.5% growth in first-home buyer loans.
