AMP Bank
Founded: 1998 (AMP Bank; parent AMP Group founded 1849)
Ownership: ASX Listed (AMP Limited, ASX: AMP
Pros
- Assesses applications on common sense, not just a credit score
- Very investor friendly product options
- Popular choice for mature-age and refinance-only borrowers
- Accepts 100% of regular shift and car allowance income
Cons
- Smaller branch and support network than the big four
- Not currently accepting applications from expats
- Narrower product range than the major banks
Best suited for
- Investors
- Refinancers
- Mature-age borrowers
AMP Bank home loan rates
Want to know if AMP Bank is the right fit for your situation? Get in touch and we'll compare it against the rest of our panel for you.