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Teachers Mutual

Mutual

Teachers Mutual Bank

Indicative Construction Loan Rate

Variable rate

6.69%

Comparison rate

6.73%

Max LVR

95%

Offset account

No

Construction loans

Yes

Best for

Education/healthcare workers who qualify for membership

Advantages

  • ✓ Customer-owned
  • ✓ Strong member service
  • ✓ Good for teachers/healthcare workers

Limitations

  • · Membership restricted (teachers, health, emergency)
  • · Higher rates

Compare Teachers Mutual vs other lenders

A broker can compare Teachers Mutual's construction loan product against 15+ lenders to find the best fit for your project size, LVR and timeline.

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Teachers Mutual Bank holds Australian Credit Licence 238981. Rates shown are indicative and may change without notice. Always verify the current rate directly with the lender.