Advertised rate Comparison rate* Monthly repayment Rate TypeOffsetRedrawOngoing FeeUpfront FeesLVRLump Sum RepaymentAdditional RepaymentsPre-approval

VariableMore details

Budget Home Loan (Principal and Interest) (LVR < 80%)

VariableMore details

Budget Investment Loan (Principal and Interest) (LVR 80%-90%)


Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Provider’s web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *Comparison rate is based on a loan of $150,000 over a term of 25 years. Please note the comparison rate only applies to the examples given Rates correct as of January 17, 2022.

Since its establishment in 1880, IMB Bank has been helping people achieve their financial goals. Since then, it has worked to strengthen its community ties and now prides itself on its active community involvement. It recognises that its responsibilities extend to its impact on the environment and the communities in which it serves. Since 1999, the IMB Community Foundation has offered funding support back to the community.

IMB also supports a variety of charity, community and sporting organisations and events including provision of marquees for use by sporting clubs, schools, charities and other community groups within the regions it serves.

IMB has a growing branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne. It has a lending specialist in every branch and a team of mobile lending specialists who will come to you. IMB members enjoy access to free automated phone and internet banking and a team of professionals who are just a phone call away at its locally based call centre.

IMB is regulated by the Australian Prudential Regulation Authority and is a member of the Customer Owned Banking Association, an independent organisation representing mutual banks, building societies and credit unions. It has around 190,000 members and assets of $5.7 billion.

IMB is proud to offer a wide range of competitive products including low cost home loans, high interest investment options, and transaction and savings accounts to meet your everyday needs and budget. A number of its products are awarded the top rating by independent reviewers so you can be confident that you are getting a great deal. It also arranges credit cards, debit cards, insurances, financial planning, business banking and much more to ensure all your financial needs are covered.

If you want to apply for a home loan with IMB, you will need to complete an online application form. As with any home loan application, you will need to provide the following:

  • Identification – passport or driver’s licence
  • Details of your income including rental income, government income, shares, superannuation and self-employed or trust income
  • Details of your assets including properties, existing investments and bank accounts
  • Details of any financial liabilities including existing loans, credit cards and store cards
  • Information relating to the property you are buying, including a contract of sale

If 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.