Rates and fees verified as correct at 29 July, 2021. Other information correct at the time of writing. Advertiser disclosure.
The Fixed Home Loan from IMB is a wise choice for any owner occupiers and investors who budget around how much their loan repayments will be each month. The fixed rate is available on loans starting from $10,000 and borrowers are allowed to make up to 12 months of repayments in advance free of charge with the opportunity to redraw these extra funds via internet and mobile banking at a later date. The term of the loan also varies depending on whether you’re an owner occupier or investor, for instance if you’re an owner occupier you can secure a fixed rate for a period of 1 year up to 5 years, while investors have to choose between 1, 3, or 5 year terms. There is a monthly service fee to consider.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
| 3.34% p.a. | 3.21% p.a. | $6.00 monthly | $799 | ||
| 1.97% p.a. | 2.81% p.a. | $6.00 monthly | $799 | ||
| 2.59% p.a. | 3.45% p.a. | $6.00 monthly | $799 | ||
| 2.35% p.a. | 3.33% p.a. | $6.00 monthly | $799 |
IMB has an an extensive selection of variable home loans on offer from which you can choose depending on how much you need to borrow. For instance, IMB’s Budget Home Loan is available on loans from $75,000 while the Standard Variable Home Loan is for loans of $10,000 or more. IMB’s variable home loans are fitted with very flexible repayment terms including additional repayment flexibility, free internet and mobile banking redraws and most have a choice between weekly, monthly and fortnightly repayments. Some variable loan options including the Essentials and Standard Variable even have a 100% offset account to help to save interest over the term of your loan.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
| 2.98% p.a. | 2.86% p.a. | $0.00 | $799 | ||
| 2.68% p.a. | 2.74% p.a. | $0.00 | $799 | ||
| 2.48% p.a. | 2.54% p.a. | $0.00 | $799 | ||
| 2.78% p.a. | 2.66% p.a. | $0.00 | $799 | ||
| 3.08% p.a. | 3.22% p.a. | $10.00 monthly | $0 | ||
| 2.78% p.a. | 2.92% p.a. | $10.00 monthly | $0 | ||
| 5.01% p.a. | 5.07% p.a. | $0.00 | $799 | ||
| 4.71% p.a. | 4.77% p.a. | $0.00 | $799 | ||
| 3.08% p.a. | 2.96% p.a. | $0.00 | $799 | ||
| 2.78% p.a. | 2.84% p.a. | $0.00 | $799 | ||
| 3.28% p.a. | 3.46% p.a. | $10.00 monthly | $799 | ||
| 2.98% p.a. | 3.17% p.a. | $10.00 monthly | $799 | ||
| 5.58% p.a. | 5.64% p.a. | $0.00 | $799 | ||
| 5.28% p.a. | 5.34% p.a. | $0.00 | $799 |
The IMB Equity Line Advantage is available on loans starting from $20,000 (up to $1,000,000) and allows you to borrow up to 90% of the property value. The Equity Line Advantage Loan from IMB has a bundle of competitive features including additional repayment flexibility and a choice of monthly, fortnightly or weekly repayments. Plus, you’ll be able to save a bucketload on interest payments since your salary will be directly deposited into your Equity Line Advantage home loan. When you need to draw out cash, you’ll have 24/7 access to your home loan via internet and mobile banking, phone banking, credit card and branch, however transaction fees may apply.
| Product | Rate | Comparison Rate | Service fee | Upfront fee |
|---|---|---|---|---|
| 4.91% p.a. | n/a | $0.00 | $799 | |
| 4.91% p.a. | n/a | $0.00 | $799 |
Saving on interest is a breeze with a 100% offset account featured with IMB’s Essentials and Standard Variable home loans.
IMB’s Bridging Finance is exclusively available to personal borrowers for up to 12 months and on loan amounts starting from $20,000. With IMB Bridging Finance, you don’t have to make any repayments on your new loan until your existing property is sold.
Extra repayment flexibility is a handy feature to have when you want to get debt free sooner. The variable home loan options with IMB allow unlimited additional repayments whereas if you choose a fixed home loan you’ll only be able to make repayments for up to 12 months in advance without incurring charges.
In case you need to draw out any extra funds to cover your day to day living expenses, IMB’s variable, fixed and package home loans allow free redraws via internet and mobile banking.
Is applying for your home loan a little daunting? IMB have an extensive network of mobile lending specialists that will come to you at a time of your convenience to walk you through the entire application process.
Mozo users have rated IMB Bank home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
111 Reviews
I've tried the big banks and BOQ while at the same time I was with IMB. There is no comparison IMB Bank is the best of them all. Loans or savings they should have a bigger customer base. Customer service is exceptional with my experience being with them since 1989. I had a loan with BOQ to build our house and they kept changing the goal posts, nothing but trouble 0/10. Changed over to IMB the loan and they have been exceptional even reviewing my loan on a regular basis. I live on the central coast NSW and haven't got a branch close by but doesn't matter as the way the future is without branches anyway plus there is mobile banking. Great Bank keep up the good work, plus they are generous in their support to the community.
Read full reviewI've tried the big banks and BOQ while at the same time I was with IMB. There is no comparison IMB Bank is the best of them all. Loans or savings they should have a bigger customer base. Customer service is exceptional with my experience being with them since 1989. I had a loan with BOQ to build our house and they kept changing the goal posts, nothing but trouble 0/10. Changed over to IMB the loan and they have been exceptional even reviewing my loan on a regular basis. I live on the central coast NSW and haven't got a branch close by but doesn't matter as the way the future is without branches anyway plus there is mobile banking. Great Bank keep up the good work, plus they are generous in their support to the community.
Customer service is key at IMB. My bank manager is great, the open communication is outstanding and I plan to continue using IMB due to their reliability and integrity.
Read full reviewCustomer service is key at IMB. My bank manager is great, the open communication is outstanding and I plan to continue using IMB due to their reliability and integrity.
Changed to IMB. Fantastic service, great rates and features. Highly recommend to any that are looking to refinance.
Read full reviewChanged to IMB. Fantastic service, great rates and features. Highly recommend to any that are looking to refinance.
Was having some difficulty with a few other banks. Until I was told to call Vanessa M and what a legend of a phone call that was. Not only did Vanessa sort out my home loan with unreal speed and determination but she has made all my dreams come true. I have never seen someone work as hard as her. If you had a question it was already answered, if you had some doubt.. it was quickly lifted. If your life was in a muddle and didn’t know how to change the way you managed your money she quickly changed that and steered me in the right direction. I would recommend Vanessa to anyone that wants nothing but the best. Absolute unreal lady and she is an absolute asset to anyone that knows her. Thanks again Vanessa, I appreciate everything you have done for my family and I.
Read full reviewWas having some difficulty with a few other banks. Until I was told to call Vanessa M and what a legend of a phone call that was. Not only did Vanessa sort out my home loan with unreal speed and determination but she has made all my dreams come true. I have never seen someone work as hard as her. If you had a question it was already answered, if you had some doubt.. it was quickly lifted. If your life was in a muddle and didn’t know how to change the way you managed your money she quickly changed that and steered me in the right direction. I would recommend Vanessa to anyone that wants nothing but the best. Absolute unreal lady and she is an absolute asset to anyone that knows her. Thanks again Vanessa, I appreciate everything you have done for my family and I.
Avoid them! Started off ok, but rate has randomly increased. Terrible service, terrible site, it was just a terrible decision to refinance with them.
Read full reviewAvoid them! Started off ok, but rate has randomly increased. Terrible service, terrible site, it was just a terrible decision to refinance with them.
If you want to apply for a home loan with IMB, you’ll need to complete an online application form.
Should you need assistance at any stage of the process, you can contact an IMB Bank loan specialist who can assist you in completing the application over the phone.