Member Package Flexible Home Loan (Interest Only) ($150k-$400k)
- No upfront fees
- 100% full offset account
- Extra repayments + redraw services
- Free redraw facility
- Annual fee charged
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$150k - $400k
Principal & interest
Loan term range
5 - 30 years
100% offset account
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
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ME Bank, or Members Equity Bank, was founded in 1994 and is owned by a group of industry super funds.
It provides a range of home loans to customers, including owner-occupier mortgages, investor mortgages, refinancing loans and high-LVR loans, among others.
ME Bank is an online-only bank, meaning home loan applications must be completed by arranging a meeting with a mobile home loan specialist. General customer service is also available online or over the phone.