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Express Credit Facility

A line of credit facility. Use the equity in your home and draw up to your approved credit limit.

Home loansBank updated 14 Oct 2026
Product page ↗Fees and pricing ↗

At a glance

Max LVR
80%
Annual fee
$120

Rates

The one rate The Mutual Bank publishes for this home loan.

TypeApplies toTermBandRateComparisonConditions
VariableInvestment, Interest only--8.89%--

Rate changes

One change logged, newest first.

DateRateWasNowChange
15 Oct 2026Variable, Investment, Interest only8.64%8.89%up 0.25

Each change is logged the night it appears in the rates Maitland Mutual Limited publishes. See how every lender answered the RBA on the rate tracker.

Fees

22 fees published, grouped by when they're charged.

  1. When you take it out$300LOAN_APPLICATION_FEE_HOME_LOAN_OR_EXPRESS_CREDIT
  2. While you hold it$10 a monthEXPRESS_CREDIT_ACCOUNT_FACILITY_FEE
  3. When you close it or pay it offNo fee published

When you take it out1

  • LOAN_APPLICATION_FEE_HOME_LOAN_OR_EXPRESS_CREDIT

    Payable to cover costs when you apply for a loan.

    $300

While you hold it1

  • EXPRESS_CREDIT_ACCOUNT_FACILITY_FEE

    Payable each month or part of the month.This fee is charged to Express Credit Account on the last day each month and on the date of cancellation of the express credit facility.

    $10 a month

When you make a transaction6

  • AGENTS_COSTS

    Amount not ascertainable. Payable to us or our solicitor or their agent when they attend to the registration of a discharge of mortgage at your request or when an agent is required to attend a settle…

    Varies
  • ATM_OWNER_FEE

    This fee amount is disclosed at the time of the ATM transaction and charged by the ATM owner for an ATM transaction including an ATM enquiry.

    Varies
  • INFORMATION_FEE

    $1.00 per minute ($20.00 minimum fee). The fee will be calculated on the actual time spent retrieving and providing the information requested. Payable to us to provide information and that informatio…

    $20
  • REPLACEMENT_CARD_FEE_-_VISA_DEBIT_CARD

    $Nil - Payable if you request a replacement Visa Debit Card.

    Varies
  • VALUATION_FEE_CONSUMER_LOANS

    Valuation fees are available upon enquiry. Payable in relation to each property to which a loan is secured, and may vary according to the location of the secured property. Initial valuation fee waive…

    Varies
  • FOREIGN_CURRENCY_CONVERSION_SERVICE_FEE

    A 1% service fee on the Australian dollar equivalent is payable for foreign currency transactions using your Mutual Visa Debit Card.

    1.00% of transaction

When particular things happen14

  • CHEQUE_ISSUING_FEE

    Payable to us when a payment is made from your loan account by way of Financial Institution (FI) Cheque.

    $2.50
  • CONSENT_FEE

    Per consent. Payable to us when you ask us to consent to leasing, subdividing or any other dealing in relation to the security property.

    $200
  • DEFAULT_ADMINISTRATION_FEE

    Payable to us when the borrower (or security provider) has not performed an obligation on time including an obligation to pay money. This fee is payable monthly commencing one month after the obligat…

    $50
  • DISCHARGE_ADMINISTRATION_FEE

    Per Security. Payable to us each time we release a security.

    $200
  • DISHONOUR_FEE

    Payable to us when a payment (such as a direct debit, salary deduction or cheque) is dishonoured.

    $9
  • DUPLICATE_FEE

    Per copied document. Payable to us when we provide a copy of a document.

    $20
  • DUPLICATE_STATEMENT_FEE

    Per statement. Payable to us when we provide a copy of a statement at your request.

    $7
  • OVERDRAWN_FEE

    If your Account is overdrawn, without our prior agreement, a fee will be charged each time this occurs. Penalty interest (at the rate disclosed on the Deposit Interest Rate Schedule) will also be cha…

    $9
  • PHOTOCOPYING_FEE

    Per sheet. Payable to us when we provide a photocopy of any document at your request.

    $0.50
  • PRODUCTION_FEE

    Per document per production. Payable to us if, at your or a security provider's request, we produce a document to the Land and Property Information division of the NSW Department of Lands or its equi…

    $200
  • RENEGOTIATION_FEE

    Per renegotiation. Payable to us whenever we agree to renegotiate or vary conditions on your loan other than altering interest rate options.

    $300
  • REPLACEMENT_CARD_FEE_(INTERNATIONAL)

    Payable if you request a replacement card when overseas via Visa Global Cardholder Assistance Service (GCAS), payable when the request is processed.

    $100
  • SECURITY_SUBSTITUTION_FEE

    Per new security. Payable to us to substitute a new security for an existing one.

    $300
  • SETTLEMENT_FEE

    Per settlement. Payable to us each time we or our solicitors attend settlement in connection with a security.

    $150

Features

Instant paymentsPayIDDigital bankingUnlimited transactionsApple Pay and Google Pay
  • No minimum repayments required providing debt remains within approved limit
  • Staff assisted transactions - Branch and Contact Centre

Eligibility and limits

  • Minimum age 18
  • Residency: Australian citizen or a permanent resident of Australia or otherwise approved
  • Amount from $10,000, no maximum
  • Maximum LVR 80%

Published by Maitland Mutual Limited under the Consumer Data Right, last changed by them on 14 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.