The Mac key facts
- The Mac is a member-owned lender based in Camden, NSW.
- It offers home loan products for owner-occupiers and investors.
- It also offers personal and travel loans and other financial products.
The Mac is a member-owned lender offering a range of home loans for Australian borrowers. Check out the full table of The Mac products below or read more about the lender.
Feature | Details |
---|---|
Minimum deposit | It is possible to get a home loan from The Mac with a deposit under 5%. |
Offset account? | The Mac does not have any home loans that come with offset accounts. |
Repayment options | Several The Mac home loans allow you to make interest-only repayments for a limited period. The lender also offers the standard principal-and-interest repayments on its loans. |
📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.
📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.
📄 Proof of income documents. Recent payslips can establish your income.
📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).
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