IMB home loans

• IMB Cashback Offer
  
  Eligible purchasers and refinancers can get between $2,000 and $4,000 cashback depending on the loan amount.
  
  - $2,000 cash back for loans of $250,000 to $499,999
  - $3,000 cash back for loans of $500,000 to $749,999
  - $4,000 cash back for loans of $750,000+If refinancing, it must be from another institution other than IMB Bank. LVR must be less than 80%. This offer is available for owner occupier and investor loans, with both P&I and interest only repayments.Purchases must be for residential properties and settle within 180 days of application. Refinance loans must be settled within 90 days.Cashback to be paid to an IMB transaction account within 60 days of settlement.

  Limit of 1 cashback per eligible application. Other exclusions, terms and conditions apply.

Compare IMB home loans for September 2025

Hit the "Load More" button to compare a bigger selection of products. You can also find more information on each individual product by clicking "More Info".

IMB home loan features

Here are the key features and details you need to know about IMB's mortgage products.

Feature	Details
Minimum deposit	Most IMB loans have 80% maximum LVRs, meaning you can get these loans with a 20% deposit. Some are available with 5% deposits.
Offset account	Some IMB loans come with offset accounts that let you save money while paying less interest.
Bridging loans and reverse mortgages	IMB offers reverse mortgages that allow older home owners to borrow against equity in their homes, as well as aged care loans to support borrowers moving into an aged care facility. It also offers bridging loans to help borrowers in between buying a new home and selling their old home.
Repayment options	Both IMB's fixed and variable rate 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.
Split rate	Most IMB mortgages allow you to split your loan into fixed and variable portions.

How do I apply for a mortgage from IMB?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.

• Age. You must be over 18 years of age.
• Residency. You should be a resident of Australia.
• Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with IMB 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:

📄 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).

Looking for more mortgage options?

• Big Four banks. Check out interest rates from Australia's Big Four banks.
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• Cheapest rates. Compare the lowest home loan rates on the market.
• Investors. Compare more loans for property investors.
• Mortgage brokers. Still confused? Get free, expert guidance from a qualified mortgage broker.

How do I apply for an IMB reverse mortgage?

Applying for a reverse mortgage is not too dissimilar to applying for a standard home loan. However, there are some differing eligibility requirements.

In general, you will need to:

• Be at least 60 years of age
• Have equity in your property

You may find that you're only eligible for a certain proportion of the equity you have in the home depending on your age.

To apply for a reverse mortgage at IMB, you should speak to a mortgage broker or contact IMB itself.

Guide to reverse mortgages

Lenders like IMB

If you want to compare loans from similar lenders to IMB then you can start with these online lenders. They all have competitive rates and may be a better match for your needs:

• Australian Unity. This customer-owned bank is headquartered in Melbourne.
• Greater Bank. A Newcastle-based mutual bank with competitive rates.
• Community First. A New South Wales-based credit union.
• Great Southern Bank. A Queensland-based mutual bank with a range of home loans.
• Teachers Mutual Bank. One of Australia's largest mutual banks.

More home loan questions

• How do I compare IMB home loans?

  To make sure you find the right IMB loan you need a clear idea of what you're looking for in a mortgage. These simple questions can help:

  • Do you need to visit a branch? IMB has strong online support but also has branches, mainly in NSW and the ACT. If you want in-person help with a loan, check if there is a branch near you.
  • What do you need the loan for? If you're buying a home to live in you need an owner-occupier loan. Property investors need an investment loan rate. IMB has rates for both borrower types.
  • Fixed or variable? Do you want the flexibility of a variable rate loan that could rise or fall at any time? Or are you happy to lock in a fixed rate for a certain period so you can forget about rate changes?
  • What features do you need? You need to decide whether you need features like a 100% offset account, the ability to make extra repayments and the option to split your rate.

• What is home loan pre-approval?

  Home loan pre-approval is an optional step in the application process that some lenders offer. Pre-approval means a lender has examined your savings, income and spending habits and has a rough idea of how much it could lend you. It's not the same as full loan approval and it's no guarantee that the lender will ultimately approve a full application. But it does allow borrowers to start looking for a home with more confidence and a clearer idea of their borrowing power.

• Are there any risks going with a smaller lender?

  Most Australian borrowers bank with one of the Big Four banks (Commbank, ANZ, Westpac and NAB). You might have some concerns about getting a loan from a smaller lender you've never heard of, but there's no reason to worry.

  In Australia, banks and lenders are regulated by the Australian Prudential Regulation Authority (APRA) or the Australian Securities and Investments Commission (ASIC) and must comply with the National Consumer Credit Protection Act.

  IMB is considered an authorised deposit-taking institution (ADI). This means customers with money deposited in an IMB savings account benefit from the deposit guarantee scheme. This federal government scheme guarantees a customer's savings up to $250,000.

• Should I go with a fixed or variable rate?

  Deciding between a fixed or variable rate depends on what you want from the loan. A variable rate loan can change at any time, either up or down. A variable rate usually offers more flexibility in how fast you can repay the loan and the cost of refinancing.

  A fixed rate loan offers total certainty about your rate, for the fixed period. This means it won't rise, costing you more. But if your lender starts lowering rates you won't benefit either. Refinancing a fixed rate loan means breaking the loan, because you've agreed to a specific rate. This means you may have to pay a fixed rate break fee.

• Do I need a mortgage broker?

  Mortgage brokers are home loan professionals who can help you find a suitable loan. A broker typically doesn't charge you a fee, because they receive a commission from your lender. Brokers are great if you are short on time or find the whole process of researching and applying for a home loan confusing. But you can definitely do it yourself and find a good loan. You may even find a better deal. That's because brokers don't compare loans from every lender in the market. They have access to a panel of loans and often don't have smaller online lenders in their panel.

Compare other products from IMB

• IMB savings accounts
• IMB term deposits
• IMB personal loans
• IMB car loans

What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full Finder Score breakdown