Our Simply Take: 3.5 / 5
- Lender Reviews
- ME Bank
monetization_on Funded by: Retail deposits, superannuation and capital that is wholesale
safety LMI Company: QBE LMI
account_balance Lender kind: Bank
ME Bank is within a league of their very own. ItвЂ™s owned by superannuation funds and markets its services and products through home loans and workplace banking. Workplace banking is yet another real means of saying theyвЂ™re closely connected to a few unions.
They truly are smaller compared to one other banking institutions but are in a position to compete due to the strength that is financial of investors. TheyвЂ™ve turn out with a few great services and products and low interest and provided the major banking institutions a run due to their cash.
Having the ability to adjust quickly to brand new systems and operations, ME Brank draws near their solution having a customer-first mindset. They believe that the mortgage loan procedure should really be easy, effortless and capable be done since remotely as you can.
Throughout the onslaught associated with Covid-19 pandemic, also, they are among the first banking institutions to pioneer a brand new digital client verification system to aid and program clients while keeping safe separation that is social.
Just how do ME BankвЂ™s mortgage loans compare?
- Competititve visit their site variable and interest that is fixed
- They can often help if youвЂ™re on maternity leave
- They could often consider display homes upto 90% LVR
- Pupil accommodationupto 50% LVR
- They will have a DUA with QBE this means they have been more versatile for loans as much as 95% associated with the price
- Working together with lenders
- Performing closely with unions and industry super funds
- Reduced LMI for very first house purchasers
- Can move up to 95per cent LVR for construction loan
- Debt consolidating, investment
- Refinance owner occupied as much as 95% LVR comprehensive LMI
- Common sense approach towards self-employed borrowers