Our Simply Take: 3.5 / 5
- House
- 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. It’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 they’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. They’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 Bank’s mortgage loans compare?
Benefits
- Competititve visit their site variable and interest that is fixed
- They can often help if you’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