Australian Mutual Bank is a mutual bank. Australian Mutual Bank offers a range of home loans for Australian borrowers. Check out the full table of Australian Mutual Bank products below or read more about the lender.
Australian Mutual Bank's Fixed Home Loan - 2 Year Fixed (Owner Occupier) offers a remarkably low interest rate in the current environment. When you couple this with low fees it's a clear winner this year. And it's also available to borrowers with a 5% deposit, which is always worth calling out.
Full list of 2024 winners| Feature | Details |
|---|---|
| Minimum deposit | It is possible to get a home loan from Australian Mutual Bank with a deposit as low as 5%. |
| Offset account? | You can get an offset account with several Australian Mutual Bank loans. |
| Repayment options | Several Australian Mutual Bank 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. |
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.
The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.
When you apply for a mortgage with Australian 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:
📄 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).
Check out Finder's main home loans guide if you want to compare more home loans from a range of lenders. Or you could try one of the following lenders:
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