FHLDS – second release applications from 1 July 2020 (Update)
July 1st, 2020
Further to our Broker news issue 184 dated 30 June 2020 please find attached updated communication in relation to recent
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Tag: Teachers Mutual Bank
Broker Latest News
July 1st, 2020
The Bank continues to monitor its policies and due to the impact of COVID-19 has realigned the Debt to Income ratio (DTI
Read moreFHLDS – second release applications from 1 July 2020
June 30th, 2020
The Bank is pleased to advise that it will be participating in the second release of the Australian Government’s First
Read moreCredit Update – realigned DTI
June 30th, 2020
In summary the bank has made changes to its lending policy and realigned the Debt to Income ratio (DTI) from 8 to 7. The
Read moreUpdates on Serviceability Calculator
June 15th, 2020
Effective 16 June, 2020, a revised serviceability calculator will be available for use. This will be available on the TM
Read moreFirst Home Loan Deposit Scheme – Certificate allocations exhausted
May 22nd, 2020
In summary, all available certificates for the Federal Governments First Home Loan Deposit Scheme (FHLDS) have been exha
Read moreService Level Agreement & AIP Changes
May 21st, 2020
In summary, an exceptional increase in application volumes has resulted in changes to our current assessment services le
Read moreApplyOnline, Supporting documents checklist changes
May 15th, 2020
In summary, from 19 May 2020 the ApplyOnline ‘Supporting Docs’ tab section will move to one submission checklist for
Read moreBroker Latest News – Home Loan Rate Change
May 6th, 2020
The Bank has announced an increase to fixed interest rates effective 7 May 2020, across all our divisions. More Info
Read moreBroker latest news
April 30th, 2020
Credit Update – 1 May 2020 In response to the current economic conditions impacted by the COVID19 pandemic the Bank ha
Read moreCommon Bond Changes
April 17th, 2020
Recently the Bank proposed an update to the Common Bond – Natural Persons in the Bank’s Constitution. The proposed u
Read moreUpdated Serviceability Calculator
April 15th, 2020
Effective 16 April, 2020, a revised serviceability calculator will be available for use. More info
Read moreBroker Latest News
April 7th, 2020
Upfront Commission – Broker Remuneration Changes More Info
Read moreHome Loan Rate Changes
April 6th, 2020
The Bank has announced a decrease to a number of its Owner Occupier and Investor interest rates effective 7 April 2020,
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