Variable
Your Way Plus Variable
- Optional offset
- Free redraw
Customer-owned
Teachers Mutual Bank
SydneyFounded 1966ACL/Banking Licence 238981
Strengths
- Specialist professional-occupation packages
- LMI waivers for medical and education professionals at higher LVR
- Customer-owned mutual
Watch out for
- Branch network smaller than majors
- Some products restricted by occupation
Teachers Mutual products
Editorial reference covering the product range Teachers Mutual offers and the structural strengths and trade-offs we observe in the market. For the current headline rate and comparison rate, click through to Teachers Mutual\'s own rate card; the live number sits with them.
Home loans
Variable
Education Heroes 90% LMI Waiver
- LMI waived up to 90% LVR
- Eligible occupations: teachers, education staff
No-LMI option for eligible education-sector borrowers up to 90% LVR
View current rate at Teachers Mutual Other customer-owneds
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WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.
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The Teachers Mutual Bank rates above are publisher reference. The right product for your situation depends on income, deposit, credit profile, security and serviceability, and that comparison is what a broker does.
★★★★★4.9 across 320+ reviewsAustralian Credit Licence 505575Independent. Education first.