Customer Base Rates
Interest rates
These are the current base rates we use when calculating interest rates. For individual product interest rates please visit our resources page.
Below is a summary of our current reference and base rates, which are the variable interest rates used before any discount or margin is applied. For individual product interest rates, brokers can visit our resources page or check their nominated aggregator CRM. Borrowers should contact their mortgage broker for more information.
| Type | Description | Rate |
|---|---|---|
| Official Cash Rate | As at November 7, 2023 | 4.35% |
| Commercial Bill Reference Rate (CBRR) | For all standard Commercial and Commercial SMSF loans | 6.99% |
| Standard Residential Rate (SRR) | For all standard Residentially secured loans | 8.34% |
| Residential SMSF Rate (RSR) | For all Residential SMSF loans | 9.83% |
| Commercial & Commercial SMSF Reference Rate (CRR / CRR-SMSF) | For Max Commercial and Commercial SMSF loans | 6.99% |
| Broker Base Rate (BBR) | For all Broker Trail Book Loans | 7.19% |
| Business Loan Reference Rate (BLRR) | For all Private lending and Residual Stock loans | 6.99% |
We are always looking for investments with an elusive magic formula – low risk, high return. We value stability above all else, needing to know that our capital is secured. Having said that, we’ve been with ThinkTank for years and they’ve never missed a beat. Even during the extraordinary circumstance of COVID, we’ve never had a late payment nor a cause for concern in any regard. The ThinkTank team is professional, rigorous and from our perspective, entirely trustworthy. I highly recommend them.
Thinktank’s team has consistently delivered exceptional solutions for my clients, showcasing not only a commendable level of service but also a strong commercial mindset that ensures optimal value. Their diverse range of innovative products offered has been instrumental in addressing a variety of needs for investors and small business owners alike.
Thinktank have helped many of our clients purchase and refinance via their SMSF. The process is simple, efficient with great products available. Can’t recommend highly enough.
My recent interaction with Thinktank on a self employed application was nothing short of amazing. Going forward I’ll have no hesitation in bringing many more customers to them for their common sense approach and commitment to service. …responsiveness and willingness to understand and workshop scenarios is second to none, and the credit assessor was the best credit person I have ever dealt with in my time as a broker, they just get it.
Over the last several months, they have supported us with dedication, expertise and commitment… As mortgage brokers, we rely heavily on the support and collaboration from Lender BDMs. Their ability to put deals together, liaise with credit and settlement teams and optimise the loan process has been invaluable. Not only have they helped us to get several loans approved, but have also consistently ensured a seamless and positive experience…