Bought PPOR last year, but still in the middle of renos (sigh - don't ask). LVR was 80% (can't get current since the state of the house during reno would bring the val way down). Westpac is now offering pretty good PPOR deals - 85% LVR without LMI and maybe kickback of $1500 for bringing the loan across. CBA isn't (yet?). Even if a val on the property says the property hasn't moved (esp since I'm I/O), I could potentially gain access to another $35,000 85% LVR with no LMI downside. Cash in hand being king (queen? lol), it would be nice to have that money for another IP (topped up with other cash). It could sit in offset until then. Any reason not to move from CBA to Westpac? Whoops, and I just forgot that my new IP is with Westpac (just signed) - would that affect their acceptance? I'd obviously not want to xcol, but I'd assume I wouldn't have to given the IP is already setup.