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On this page you can find information about Teachers Mutual Bank home loans. Skip ahead to the full table of products or read more about the lender.
Compare Teachers Mutual Bank home loan products below and hit "load more" to see a fuller selection of loans. You can also find more information on each individual product by clicking "more info".
Teachers Mutual Bank has fixed and variable home loans for investors and owner occupiers.
| Feature | Details |
|---|---|
| Deposit size | Some Teachers Mutual Bank mortgages let you borrow up to 95% of a property's value. Many have a maximum insured LVR of 90 or 80%. |
| Customer owned banking | Teachers Mutual Bank is a member of the Customer Owned Banking Code of Practice. The lender is focused on the financial wellbeing of members. |
| Membership | Membership for the bank is predominantly available for teachers, whether currently serving, retired or studying for future employment in the industry, as well as their immediate family members. |
| Offset account | Many of Teachers Mutual Bank's products come with an offset account, including the Teachers Mutual Bank Fixed Option Home Loan and the Teachers Mutual Bank Solutions Plus Home Loan. |
Click on any Teachers Mutual Bank product in the comparison table to learn more about the product.
To join Teachers Mutual Bank you must be a teacher or some other form of education sector employee, or a family member of someone who is.
Each Teachers Mutual Bank product have specific eligibility criteria but some will apply to all products. For example:
When you apply for a mortgage with Teachers Mutual Bank you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:
Detailed guide to home loan applications and paperwork
Hello.
Do you give home loans on properties less than 50 square metres?
Hi Anne-Maree,
Thank you for leaving a question.
Based on the eligibility requirements to take out a Teachers Mutual Bank home loans, the area of the property is not a requirements but the bank would still assess the property before approval will be made. Hope this helps!
Cheers,
Reggie