Eligible deposits are protected by the Financial Claims Scheme
My family have been members of Australian Mutual Bank for over a decade. We’re a pretty busy family, so dealing remotely and outside of normal hours which can often be a challenge is never a problem with the team at Australian Mutual Bank. In particular, the setup and ongoing management of our complex mortgage loan requirements have been a positive experience via the bank’s highly capable mobile specialists and support team behind the scenes.
I have no hesitation in often recommending Australian Mutual Bank to friends, colleagues and family.
1 At the end of the fixed period the rate reverts to the Investment Variable Rate Home Loan with Offset.
2 This comparison rate is based on a $150,000 loan over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All loan applications are subject to Australian Mutual Bank Ltd normal lending criteria. Fees and charges, terms and conditions apply.
3. Family Support is available for borrowers, especially first home buyers with no deposit, who have an immediate family member that is willing and able to offer security, e.g. their own property, as Guarantor on the loan to secure a portion of the loan. The Guarantor's financial position should be such that they are able to meet their obligations under the guarantee. Non-Resident guarantors are not eligible.
4. You must be at least one month's repayment in advance to obtain a redraw.