Home loan discount offer terms and conditions.
(1) The 1 year Member Package annual fee waiver offer, valued at $395 is available to you as a Union
member on new home loan applications received between 19-Mar-18 and 30-Jun-18 and settled before 30-Aug-18. It is not available for top ups or refinances of existing ME Bank home loans. An applicant can only receive one Member package fee waiver and cannot be used in conjunction with any other home loan offer. Existing Member Package customer are eligible for this offer if they take out a new loan. If you do not have a Member Package, $395 will be taken at settlement, but later refunded. All eligible customers will be refunded $395 within 30 days of settlement into the account nominated for the first home loan repayment.
This offer is only available on loans originated via a ME mobile banking manager. It is not available on applications made through an independent mortgage broker.
(2) Interest rate is current as at
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27-Apr-2018 and is subject to change.
This rate includes a 0.05% p.a. discount off the applicable variable interest rate for a Flexible Home Loan with a Member Package where the primary loan purpose at application is owner occupied paying principal and interest. The discount is available to you as a Union
member on new home loan applications received between 19-Mar-18 and 30-Jun-18 and settled by 30-Aug-18. The discount applies for so long as you have a Flexible Home Loan with a Member Package. It is not available for, interest-only loans, investment loans, internal refinances, top-ups or variations of existing ME home loans.
(3) Comparison Rates based on a loan of $150,000 for a term of 25 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(4) Loan to Value Ratio (LVR) is the loan amount divided by the value of your property (determined by ME at assessment), multiplied by 100.
This information is about products and services available to you as a union member. Your union and ME are not agents or representatives of one another. Your union does not accept responsibility or liability for any loss or damage caused by the products or services provided by ME. Your union does not receive any commissions as a result of members using ME products and services.
Terms, conditions, fees and charges apply. Applications are subject to credit approval.
Members Equity Bank Ltd ABN 56 070 887 679 (ME) holds Australian Credit Licence 229500 and is the provider of the credit products referred to above ME, Level 28, 360 Elizabeth Street, Melbourne VIC 3000, phone 13 15 63.