Members Equity Bank charges no application fees for home loans.

Mortgage Insurance: As an added benefit, Members Equity Bank will pay your mortgage insurance up to 80% of the valuation of the property (LVR). Should you require more than 80% LVR, you will need to make up the difference with a one-off mortgage insurance premium. Our consultants can assist you to calculate this premium.

Property Insurance: Prior to the settlement of your loan, you will be required to arrange for general purpose property insurance. You will be notified of the minimum insurance coverage required after your property has been valued.

Other: When purchasing a property, you may incur external costs and charges such as your own legal advice, stamp duty and statutory government fees and charges. If you would like some assistance in calculating these costs, contact one of our lending consultants on 13 15 63.