ME Bank Home Loans & Mortgages
ME Bank is a bank with a difference. Supportive of super fund members and unions, it aims to provide low cost financial solutions to Australians, with a strong ethical backbone that doesn’t allow it’s customers to get themselves into unmanageable levels of debt.
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An attitude highly refreshing in a rather cut-throat financial industry, and very popular with the banks loyal customers.
One of ME Banks specialities is its range of affordable home loan and mortgage products, designed to suit a wide cross-section of Australian consumers. So let’s have a look at some of the products on offer.
This home loan is in fact so highly regarded that it won a Gold Medal for “Best Bank Standard Variable Product” at the 2011 Mortgage of the Year awards. An accolade not handed out lightly!
The ME Bank Fixed Loan
For those who want to avoid the spectre of interest rate hikes, ME offer a fixed rate product that lets you secure your payments for up to 5 years.
Whilst a fixed rate home loan won’t be for everyone, if you like the extra peace of mind that comes from knowing exactly what your mortgage repayments will be, an ME fixed rate deal could be perfect for you.
Lower For Ten Years
Whilst there are a number of features that should be taken into account when choosing a home loan, if interest rates are your number 1 priority then you won’t be able to find a better alternative to ME Bank. For the last 10 years they’ve consistently beaten the major banks for value and affordability.
A big claim?
The statistics speak for themselves. Here’s how much money you would have saved over the last 10 years on a $300,00 loan if you were with ME instead of these “Major players”.
- ANZ- $24,843
- CBA- $22,842
- NAB- $22,348
- Westpac- $23,950
Shocked?
It is a serious amount of money! So what if you want to apply?
Eligibility
If you want to apply for a Super Members Home Loan from ME Bank then you need to belong to an ACTU affiliated union, or an industry superannuation fund.
If you are eligible you could save an additional interest amount on the already low rates offered by ME. If you’re not a member of the necessary funds do not despair. You may still qualify for a Members Equity Loan so an application is still worthwhile.
Clearly, ME Bank offers it’s customers exceptional value for money, so if you’re in the market for a new home loan take a look at the range of offers at ME, and see if you can’t bag yourself a bargain.
Related Posts
- ME Bank Super Members 1 Year Fixed Rate Home Loan
ME Bank’s Super Members Fixed Home Loan offers you a very competitive way to save money. You can lock your home loan for as little as 1 year, or as long as 5 years to get peace of mind about your repayments. They stay the same for the term of the fixed rate which assures you know exactly how much you have to repay to the bank each month. - ME Bank Investment Loans and Interest Only Home Loans
The ME Bank Investment Loans and Interest Only Home Loans are only available to individuals who want to buy a live-in or investment property. Reduce your monthly instalments by opting for an interest only repayment for up to 5 years. Obtain up to 95% LVR and take advantage of zero loan establishment and account maintenance fees. This loan type has redraw and split loan facilities available. Easy and free access to the account with online and telephone banking. - ME Bank Ultimate Offset - Mortgage Offset Account
Mortgage Ultimate Offset Account from ME Bank is a home loan that can save you thousands of dollars without you ever needing to pay in any more. All you need to do is have your salary directly credited in to your home loan, and then withdraw and use it from there. This automatically reduces the amount payable as the interest is reduced every month. The Mortgage Offset Account also has a low interest rate, and fees are minimal. - ME Bank Standard Home Loan
The ME Bank Standard Home Loan is for anyone looking for to purchase a new home or refinancing a current one. ME bank prides itself on offering low interest rates and fees that can save thousands of dollars over the extended life of a home loan. The standard home loan is available in a variable and fixed rate option. A mobile banking manager will come to you at your home or place of business, making this a home loan with an exceptional service offering. - ME Bank Super Fund Members Package Home Loan
Take months to years off the repayment of your home loan by applying for the Super Member’s Package Home Loan (SMHL). Take advantage of an additional discount offering of up to 0.45% p.a. on an already variable low interest rate offering. Also, receive a refund on you low rate MasterCard which adds up to $39 per year. This account is offered only to members of specific Unions and Industry Super Funds, making it a powerful combination with large member numbers, over 5 million to be exact. It is an absolute banking solution with the benefit of having all your accounts with one bank. - Members Equity Super Members Home Loan (SMHL) Standard
The Members Equity SMHL Standard home loan is a great variable rate loan that has a discounted interest rate and a wide range of features. If you would like to find out how you can save on the costs associated with getting a home loan read this article. - Members Equity Super Members Home Loan (SMHL) Offset
Interest offset accounts can help reduce the amount of interest you will pay. If you have savings that can be placed into an interest offset account and are looking for a good variable home loan read this article and find out more about the Members Equity SMHL Offset home loan. - Members Equity Super Members Home Loan (SMHL) Standard
The Members Equity SMHL Standard fixed rate home loan offers you a great home loan package with a discounted interest rate. Read this article to find out how you can get the reduced interest rate and save money on your home loan. - Members Equity Super Members Home Loan (SMHL) Interest Only
The Members Equity SMHL Interest Only home loan offers discounts in interest rates for people who are members of pre-approved superannuation funds or ATCU affiliated unions. - Members Equity Super Members Home Loan (SMHL) Offset (Fixed)
The Members Equity SMHL Offset (Fixed) home loan offers a feature packed home loan with a free interest offset account. Read this article to find out more. - Members Equity SMHL Interest Only
The fixed rate Members Equity SMHL Interest Only home loan offers a great home loan for investors with a discounted interest rate. Read this article to find out if you are eligible.
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