IMB was established in 1880 to provide housing finance and savings facilities for the communities in the Illawarra region of NSW. Since then IMB has expanded to 38 branches throughout the country and offers a full range of products and services through their in person consultations and electronic banking facilities. These products include commercial banking, home lending, personal lending, savings accounts, transaction accounts, term deposits and financial planning services. IMB have continued to develop their products and distribution network whilst staying true to their regional roots that embody mateship, simplicity and community support. In 2005 IMB was named Building Society of the Year in the Money Magazine Consumer Finance Awards.
Product Details
- Company
-
- Repayments
-
$616.22
monthly - Secured / Unsecured
- Secured
- Total Repayments
- $36,973.17
- Interest Rate
- 8.55%
- Comparison Rate
- 8.73%
- Rate Type
- Fixed
- Application Fee
- $125
- Ongoing Fees
- N/A
- Early Repayment Penalty
- $0
- Missed Payment Penalty
- $25
- Encumberance/REVVS Check Fee
- $0
- Doc Release Fee
- $0
- Minimum Loan Amount
- $2,000
- Maximum Loan Amount
- $50,000
Product Features
No early exit penalty y
Will you be charged a fee for finalizing all loan repayments earlier than the agreed date, or for transferring to another company for the remaining life of the loan?
Extra repayments allowed y
Will this loan allow you to make additional repayments on top of the minimum amounts due each payment frequency?
Redraw Facility n
Whether this loan allows the option for you to redraw/take out excess funds
100% Loan Available y
Whether this loan offers a maximum loan-to-value-ratio (LVR) i.e. no deposit is required
RateCity