flagFounded: 1999

businessOwned by: Privately owned

monetization_onFunded by: Adelaide Bank, Advantedge (NAB), La Trobe, Resimac, Pepper Home Loans and RedZed

securityLMI Provider: Genworth, QBE and some self-insured products

account_balanceLender type: Non-Bank, Mortgage Manager

Better Mortgage Management is a non-bank lender with one of the most diverse range of funders that is available. This allows them to offer low rates and to accept borrowers in unique circumstances or with special needs.

They work with a select group of mortgage brokers that they have built a relationship with as well as a loyal following of customers.

How do BMM’s home loans compare?



  • They’re not a major bank
  • Not be available through all mortgage brokers
  • People who want branch access – because they have no branches
  • Their LMI can be expensive with some funders

What home loan types do they have?

  • Alt doc suite: A range of low doc options for self employed and PAYG applicants.
  • BMM commercial suite: Commercial loans for purchase or refinance with an option to make extra repayments.
  • Bridging loans: Helps borrowers to buy or build a new home before selling an existing property. The interest will be capitalised until the existing home is sold.
  • Fixed rate home loans: Lock in a fixed interest rate for up to 5 years.
  • SMSF loans: Loans available for purchase or refinance of investment property to be held on trust for the beneficiaries of the SMSF
  • Specialist suites: Home loans for PAYG and self employed applications with impaired credit or those with unusual employment.
  • Standard Suite: Standard home loans with options for flexible repayment and redraw.

Who should apply with BMM?

If you’re applying with BMM it’s most likely because your mortgage broker has recommended them to you for a particular reason. They’re a great option for borrowing in a trust, low doc loans and credit impaired loans.

Ultimately if your mortgage broker knows what they’re doing then they’re probably recommend the right lender for you.

Tip for applying with Better Mortgage Management

Use BMM’s loan application form to prepare for your home loan application.

Note: This is the latest application form effective August 2017. Please refer to Better Mortgage Management for their most up-to-date document requirements.

Better Mortgage Management client story

James, NSW


To buy a home with limited income evidence and a low deposit.


90% Low doc loan, self employed.


James was running a successful business but the only tax returns he could provide to get a home loan were over a year old.

On top of that, his business had grown significantly and the tax returns didn’t show the current turnover.

He initially approached his bank because they offered low doc loans. However, they would only lend a maximum of 80% of the purchase price.


Better Mortgage Management has a variety of funding solutions and, in conjunction with our relationship manager, we agreed that Resimac was a suitable choice for James.

James’ loan was approved by BMM and Resimac using a letter from his accountant as evidence of his current business income.

The interest rate was slightly higher than a standard full doc home loan so we worked with James to make a plan to pay down the loan and refinance it to a lower rate within 2 years.

Compare BMM to other lenders

Not sure which BMM home loan is right for you? Our Home Loan Experts can help!

Talk to one of our mortgage brokers by calling us on 1300 889 743 or complete our free assessment form.