Eligibility criteria apply to join Teachers Mutual Bank. Fees and charges and lending criteria apply. Consumer lending terms and conditions available here.
Credit Guide available here.
Redraw is subject to application and registration and is not available when a fixed rate applies to any part of the loan.
Repayment Pause is not available on all loan products and is subject to application and approval. Refer to Consumer lending terms and conditions for full details.
*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.
Fine print—Allianz loan repayment insurance
Insurance products are issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFS License No. 234708 (Allianz). Disability and Unemployment cover are provided by Allianz Australia Insurance Limited AFS Licence No. 234708 ABN 15 000 122 850 (Allianz), Death Cover is provided by Allianz Australia Life Insurance Limited AFS Licence No. 296559 ABN 27 076 033 782 (Allianz Life). Allianz acts as Allianz Life's agent in offering Death Cover.
The Bank arranges this insurance as agent of the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 (Allianz). The Bank acts as an agent for Allianz and not your agent. Neither Teachers Mutual Bank Limited nor Allianz provide advice based on any consideration of your objectives, financial situation or needs. To decide if it is right for you please carefully read the relevant product disclosure statements for Allianz Loan Cover Insurance or Allianz Mortgage Repayment Insurance, available online or by contacting us. If you purchase this insurance, the Bank will receive a commission that is a percentage of the premium depending on the product. We also have an arrangement with a subsidiary company of Allianz to provide marketing, administrative and support services relating to Allianz insurance products in return for a share of aggregate profits from insurance policies (including CCI policies) issued by Allianz that we arrange. Ask us for more details before we provide you with any services on this product.