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Review by
Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206) and a Tier 1 Generic Knowledge certification (RG 146).
If you'd like to apply for the Teachers Mutual Bank Classic Home Loan, click on the "Go to site" link to be redirected to the Teachers Mutual Bank website. Here, you can enquire with a Teachers Mutual Bank representative to discuss your eligibility for the loan.
During the application process, you'll need to provide the following:
The Teachers Mutual Bank Classic Home Loan is a competitive home loan that keeps things simple. Suitable for owner-occupiers borrowing amounts greater than $150,000, this loan comes with useful features, including a free redraw facility and a payment pause option for distressed borrowers.
Before you apply for this loan, compare a range of home loans on the market to make sure it's a good fit for you.
2 Comments
July 11, 2017
If my loan is less than $70 000 what is the best variable redraw rate I can receive?
July 13, 2017
Hello Katherine,
Thank you for the inquiry. :)
You may want to read through our guide, “Redraw facility vs offset account.” There’s a calculator on this page to get the rates that match your needs. Put the value on the borrowing amount and choose the desired period and then click “Calculate”. It would show you the list of lenders that you can choose from.
As soon as you have your chosen lender, you can select the “Go to Site” green button to proceed with your application.
Hope this helps.
Cheers,
Jonathan