Eligibility criteria apply to join Teachers Mutual Bank. Fees and charges and lending criteria apply. Consumer lending terms and conditions available here.
The Establishment fee is waived for each My First Home Loan application. Any additional costs or fees will be as disclosed in your Offer and Loan Contract.
Insurance products are provided by Allianz Australia Insurance Limited AFS Licence No. 234708 ABN 15 000 122 850 (Allianz). Teachers Mutual Bank Limited., acts as an agent for Allianz and not your agent. We receive commissions on these insurance products as a percentage of the premium paid for each policy ranging from 5-20%.
Minimum premiums may apply. Any discounts/entitlements only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements. Discounts are available at the time of printing and are subject to change without notice. Discounts may not be applied to any flood component of the premium (if applicable).
A Product Disclosure Statement and Supplementary PDS for insurance products can be requested by email or by calling 13 12 21 8am to 7pm, weekdays or 9am to 3pm, Saturday or from any office. You should read and consider the PDS before deciding whether to acquire any insurance product mentioned here.
*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.
Terms and conditions for the mortgage offset facility are set out in our Consumer lending terms and conditions and Conditions of use Accounts and access. For more information refer to the FAQ section under Offset facility.
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.
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.