Be prepared for those unexpected expenses

A Mortgage Secured Overdraft is a home loan that acts like a line of credit. You can use the funds for a renovation, to purchase a property or car, or even to cover your 'big' retirement plans.

Variable 7.80 % p.a. Interest rate

Product Features:

Mortgage Secured Overdraft
Redraw facility : Yes
Offset account : No
Additional repayments accepted : Yes
Minimum loan amount : $10,000
Enable interest capitalisation option : No
Annual fee : $0
Monthly fee : $0
Redraw fee : $0
Establishment fee : $250
Valuation fees included within establishment fee : No
Mortgage Secured Overdraft Rate p.a.
Interest Rate Variable 7.80% p.a.

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How to apply

Apply Online

Ready to apply or you simply want a conditional pre-approval? Get started online in under 10 minutes.


A home loan specialist will answer all your questions and help move your application along.

Mobile Banker

Our Mobile Bankers located in NSW can come to visit you at home, at work or wherever else is convenient for you.

Guides for home buying

Why choose Australian Mutual Bank?


  • 1 You must be at least one month's repayment in advance to obtain a redraw.
  • 2 Does not include Lender's Mortgage Insurance, 3rd party and government fees such as registration fees, stamp duty, etc.

3. Request a Home Loan Key Facts Sheet. All applications are subject to Australian Mutual Bank Ltd normal lending criteria. Fees and charges, terms and conditions apply.