Australian Mutual Bank is proud to be a Participating Lender in the Australian Government's First Home Loan Deposit Scheme (FHLDS), New Home Guarantee (NHG) and Family Home Guarantee (FHG), supporting eligible home buyers to purchase a home sooner with a low minimum deposit.
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 First Home Buyers 2 Year Fixed Rate Special Offer is applicable to loan applications received on or after 16 November 2020 and is subject to change without notice. New money only with a minimum borrowing amount of $100,000. Offer available for a limited time only and may be withdrawn once portfolio is met. At the end of the fixed period the rate reverts to the Owner Occupied Standard Variable rate.
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.
Australian Mutual Bank acknowledges the Traditional Owners and Custodians of the land where our office is located in Surry Hills, Sydney as the Gadigal people of the Eora Nation. We further acknowledge the Traditional Owners and Custodians of Country from where our members and employees reside.
We extend our deep respect to Elders, past and present, and emerging Community leaders for their continued connections and reciprocal relationships that protect and care for Country for a sustainable future.