On becoming a member of our bank, you're not just a customer, you're an owner!
* Savings are estimated based on using an LMI premium calculator for a 95% LVR loan on a property valued at $800,000
The following eligibility criteria apply:
For a comprehensive list of eligibility criteria, please read the First Home Loan Deposit Scheme Fact Sheet.
The application process is made simple and easy. Loan applications can be submitted oonline and scheme places are strictly limited.
Once received we will assess your loan for suitability and whilst doing so temporarily reserve a scheme place for you for a period of 10 days.
Once we have verified that you meet our lending requirements and the requirements set out by the Scheme, your loan will be approved and we will go about securing you a scheme place for a further 90 days.
We waived the Valuation fee (up to $500) and the Establishment fee ($250) for First Home Buyers Loans.
|Product||Interest Rate||Comparison Rate|
|First Home Buyers Basic Variable Rate||Variable 2.54% pa||2.57% pa|
|First Home Buyers Standard Variable Rate||Variable 2.64% pa||2.67% pa|
|1 Year Fixed Rate||1 Year Fixed 3.28% pa||2.76% pa|
|First Home Buyers 2 Year Fixed Rate (Special Offer)||2 Year Fixed 3.38% pa||2.80% pa|
|5 Year Fixed Rate||5 Year Fixed 4.78% pa||3.57% pa|
Their outstanding customer service, care and guidance made the whole process of us securing our first home a smooth ride. What is even more commendable is that all of this was done from over the east with no problems. Importantly their low interest rates beats the competitors by a huge margin and we have no doubt in saying we will stay with AMB for all our banking and highly recommend them to everyone in Australia.