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Tag: Teachers Mutual Bank

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News

Lending Policy Changes

The Bank has announced a number of Lending Policy changes, applicable across all brands of the Bank, effective 19 Februa

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Health Professionals bank to brokers

The success that Teachers Mutual Bank Limited has been enjoying in the Broker Distribution channel is about to go from s

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Changes in Fixed Investment Rate

The Bank has announced a decrease to fixed investment rates effective 1 February 2019, applicable to new business only,

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Change to Denton’s Website

Effective Wednesday 2 January 2019, Denton’s are providing a new internet site that will be transitioned across from t

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Updates on Serviceability Calculator

Effective Tuesday 18 December 2018, a revised serviceability calculator will be available for use. The revised calculato

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Changes in Lender Policy

The Bank has made changes to its lending policy effective immediately, applicable across all brands of the Bank, this in

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Changes in Interest Rate

Effective 1 December 2018, the Bank is increasing interest rates by 20 bps for new and existing variable home loans for

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Updates on Christmas

Due to the fast approaching Christmas period, to ensure we endeavour to meet expectations, the following dates to meet s

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Updates on Operational

The Bank will maintain a strong focus to continue to monitor our commitment in reducing the additional workflow back to

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Updates on Broker Forms

The Bank has recently updated the All brands – membership application and Privacy consent declaration and rate lock ap

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Updates on Operational SLA

The current SLA for an application yet to be assessed is 9 days due to significant increase in submission levels on the

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Updates On Interest Rate

Effective 6 November 2018, the Bank is increasing interest rates by 10bps on its 2-Year and 3-Year Fixed Rate Home Loans

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News

Changes In Lending Policy

The Bank has made changes to its lending policy effective Thursday 1 November 2018, applicable across all brands of the

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Credit Process Changes to AIP

Effective immediately, the Bank will provide approval in principle (or pre-approval) for all eligible applicants where t

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