You can borrow up to 95% of the purchase price or Members Equity Bank valuation of the property, whichever is the lesser.

Minimum loan amounts start from $40,000 ($20,000 in Tasmania) and are subject to credit approval.

We don't want you to commit to something that could make your situation untenable, so the amount of your loan will depend on your income, financial commitments and ability to repay the loan.

Please note restrictions apply to amounts lent for some properties.