Special Offer 3 Year Discounted Basic Variable Rate Home Loan

News| 2nd December 2024
Special Offer 3 Year Discounted Basic Variable Rate Home Loan
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For the first 3 years of your loan save on interest with a lower introductory rate.

  • Owner Occupied
  • No monthly or annual fees
  • Free redraw facility3
  • Family Support Option available4
  • Minimum amount $500,000, new borrowings only
  • Maximum 80% LVR
  • Australian Mutual Bank establishment fee, plus third-party valuation and mortgage service fees waived

Offer available for a limited time and may be withdrawn once portfolio is met. For more information contact the Australian Mutual Bank Bankstown Branch on 02 9287 1069, email [email protected] or visit them at Shop SP364 at Bankstown Central Shopping Centre. 
Credit eligibility criteria, terms and conditions, fees and charges apply and are available at www.australianmutual.bank/loans/home-loans/special-offer-3-year-discounted-basic-variable-rate
At the end of the 3 year period, the introductory rate reverts to the current offering of the Basic Variable Rate Home Loan Owner Occupied applicable at the time.

All information is correct as at 25/11/2024 and subject to change. 1 Special Offer 3 Year Discounted Basic Variable Rate is applicable to loan applications received on or after 04/11/2024 and is subject to change without notice. Not available in conjunction with any other offer. New money only with a minimum borrowing amount of $500,000 and a maximum LVR of 80%. Offer available for a limited time only and may be withdrawn once portfolio is met. The discounted rate is 0.50% below the Basic Variable Rate Home Loan Owner Occupied rate and will remain so for a 3 year period. At the end of the 3 year period, the rate reverts to the current offering of the Basic Variable Rate Home Loan Owner Occupied rate applicable at the time. 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 You must be at least one month’s repayment in advance to obtain a redraw. 4 Family Support is available for borrowers, including 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. 5 Fee waivers exclude government fees such as mortgage registration and transfer fees. Fees waived include establishment fee, mortgage service fee and one valuation fee per loan (commercial property valuations are not included in the fee waiver). Full details available on application. Australian Mutual Bank Ltd | ABN 93 087 650 726 | Australian credit licence 236476 | AFSL 236476.

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