Credit Update – LVR reductions on Fixed Rate Home Loans
August 14th, 2020
The Bank has announced changes to maximum LVRs for fixed rate home loans with Lenders Mortgage Insurance (LMI), effectiv
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Tag: Firefighters Mutual Bank
Home Loan Rate Changes
August 6th, 2020
In summary, The Bank has announced an increase to fixed interest rates effective 7 August 2020 for the following product
Read moreLending Policy update: Citizens and Permanent Residents of Australia
July 9th, 2020
The Bank continues to monitor its policies and have made recent changes to the acceptable applicant criteria for citizen
Read moreFHLDS – 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
Read moreBroker 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
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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
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