bankmecu has launched three new home loan packages. Each package has been tailored to meet the needs of first home buyers, renovators and people constructing a home. As an added bonus, bankmecu is waiving the $350 annual package fee for the first year of its home loan package. Hurry as this offer is for a limited time only^.
All packages offer:
- A low variable interest rate,
- No application or monthly fees
- Unlimited transactions as per customer rewards
- Visa credit card with no annual fee and up to 55 days interest free
- Instant unlimited free redraw
- 10% discount on our building and/or contents insurance premiums
- Family and Eco repayment pause
- Additional repayments at no charge
Renovators Loan Package
If you’re thinking it’s time to renovate and need assistance with financing your dream, talk to us about our Renovators Loan Package.
6.64% p.a.
6.94% p.a.* comparison rate
- Available to customers who borrow $100,000 or more
First Homebuyers Loan Pack
bankmecu helps first home buyers own their first home sooner. Our Home Loan Packages bundle all the features that first home buyers need in one simple, better value product.
6.64% p.a.
6.94% p.a.* comparison rate
- 3 months free building insurance during settlement
- First home buyers guide
- If you start a family ease any financial pressure by pausing repayments on your home loan#
- Available to customers who qualify for the First Home Owners Grant
Construction Loan Package
We’ve created a home loan package to make financing your construction simple! Whether you’re building your own home or buying an investment property off the plan, this package has all the features you’re looking for
6.64% p.a.
6.94% p.a.* comparison rate
- Available to home buyers who are looking to build a new dwelling or buy one off the plan
bankmecu is waiving the $350 annual package fee for the first year of the home loan package. Hurry as this offer is for a limited time only^.
A bankmecu lending consultant is ready to answer any questions you may have and make the application process simple and straight-forward. Call us on 132 888, visit your local Service Centre, or learn more and apply online at bankmecu.com.au today!
Terms, conditions, fees and charges apply and are available on application. Loans subject to normal lending criteria and approval. *The Comparison Rate is based on a secured loan of $150,000 for 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. Interest rates expressed as annual percentage rates. Variable rates correct as at 1 November 2011, however, are subject to change at any time. Check bankmecu.com.au for the latest rates.
#Loans must be established for a full 12 months and a maximum loan-to-value ratio of 90% (Family-Pause) or 80% (Eco-Pause) applies. Full conditions available from bankmecu.
Annual package fee of $350 is payable in advance and is non-refundable. The fee is debited to the loan balance on funding and then annually on the anniversary date of funding. Package benefits cease to apply once the loan is repaid in full.
^ The $350 annual package fee is waived for the first year for loan packages approved before 31 December 2011. Other fees and charges may be payable including mortgage discharge fees. Refer to the Loan Fees schedule available from bankmecu.com.au or by calling 132 888 for more details.
10% discount applies to building and contents combined and/or stand alone building insurance and motor insurance when you sign up for this home loan package. Minimum premiums apply. Any discounts/entitlements only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding applicable taxes and government charges)as reduced by any prior applied discounts/entitlements.
Unlimited Customer Rewards. Includes transactions covered under customer rewards and excludes direct charges as a result of using non rediATMs for withdrawals. Some transaction fees do not qualify for customer rewards. Full details are available on our website or by contacting bankmecu on 132 888.
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