The interest rates shown are for new business only and for Principal and Interest repayments. Existing borrowers can find out their current interest rate by checking their statement, accessing their loan account in internet banking or by contacting us.
Eligibility criteria apply to join Teachers Mutual Bank. Fees and charges and lending criteria apply. Consumer lending terms and conditions available here.
Redraw is subject to application and registration.
Lenders Mortgage Insurance, or LMI, insures the lender in the event that the borrower defaults on the mortgage. It does not insure the borrower. Borrowers must still meet lending eligibility criteria for both the lender and the LMI provider.
The Responsible Investment Association Australasia (RIAA)
Retail mortgages and deposits have been certified by RIAA according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsibleinvestment.org for details. The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.