Home Loan
2 year variable rate with Accelerator Package, Max LVR 90%, principal and interest repayments
2.29%p.a.1
Comparison rate
3.90%p.a.*

Available for eligible community professions only. Applies to new lending of at least $100,000 for owner occupiers with principal and interest repayments. View the Home Loan Key Facts Sheet before you begin. 

About the offer

Supporting those who support our community 

 

At Community First, we want to help more people in our communities achieve their financial goals. To recognise some of our key community professions that work hard to serve others, we're making it easier to buy a home, by giving them the ability to borrow up to 90% of the property value, without the need to pay Lenders' Mortgage Insurance.
 
For a limited time, we're offering applicants who are eligible for the Community Profesional Feature a discounted variable interest rate for the first 2 years on our Accelerator Package Home Loan:
 
  • Get a low 2.29% p.a.* variable or fixed interest rate for the first 2 years (3.90% p.a. comparison rate*)
  • After the 2 year period, enjoy a life of loan discount of 0.90%p.a. off the owner occupier standard variable home loan rate.
The Accelerator Package comes with a life of loan discount off our standard variable rate, plus a 100% offset account with Visa debit card and a range of discounts off other products and services. For more information on the Accelerator Home Loan, including package benefits and to view a Home Loan Key Fact Sheet, click here.

 

Who's eligible?

To qualify, at least one borrower (not guarantor) must be employed/engaged in one of the occupations listed below.
 
  • Police Department employee (sworn officer or civilian)
  • Ambulance Officer (including specialist paramedics)
  • Qualified Nurses (including hospital and nursing home/aged care facilities)
  • Prison Officers
  • Professional Fire Fighters
  • Qualified / Licenced Teachers (currently employed in a school)
  • Legal Practitioner
  • Accountant
  • Medical Doctor
  • Dentist / Orthodontist
  • Judicial Officer
  • Veterinary Surgeon
  • Optometrist / Ophthalmologist
 
We understand that there are a wide range of related roles and professions who also play an important role in our community. Please note that at this time, eligible professions are restricted to those in the list below however we will review this list periodically.
 
You can apply if you:
 
  • Are over 18 years of age
  • Have a regular income
  • Are not or have not been bankrupt (including Part IX agreements)
  • Are an Australian citizen or a permanent resident
  • Have not had defaults on any Loans, Credit cards, Interest free finance or Store cards in the last 5 years
  • Have been in your current job longer than 6 months
  • Have an acceptable Credit Risk Profile (Credit Score)
 
What you may need to apply:
 
Your personal details, such as your current and previous address, phone number and email address
Details of your income, employment, any assets (e.g. home, car or savings) and debts (mortgages, loans and credit cards) you currently have.
 
 
Self employed?
 
Community First Credit Union is able to offer loans to self employed applicants including home loans, personal loans, credit cards and overdrafts. Find out more here.

 

Rates

Picture of Community Professional feature

Community Professional feature

2 year owner occupier variable rate with Accelerator Package - only for applicants eligible for the Community Professional Feature
2 year variable rate with Accelerator Package, Max LVR 90%, principal and interest repayments
2.29%p.a.1
Comparison rate
3.90%p.a.*
Picture of Community Professional feature

Community Professional feature

2 year owner occupier fixed rate with Accelerator Package - only for applicants eligible for the Community Professional Feature
2 year fixed rate with Accelerator Package, Max LVR 90%, principal and interest repayments from
2.29% p.a.1
Comparison rate  from
3.90% p.a.*
About the offer

Supporting those who support our community 

 

At Community First, we want to help more people in our communities achieve their financial goals. To recognise some of our key community professions that work hard to serve others, we're making it easier to buy a home, by giving them the ability to borrow up to 90% of the property value, without the need to pay Lenders' Mortgage Insurance.
 
For a limited time, we're offering applicants who are eligible for the Community Profesional Feature a discounted variable interest rate for the first 2 years on our Accelerator Package Home Loan:
 
  • Get a low 2.29% p.a.* variable or fixed interest rate for the first 2 years (3.90% p.a. comparison rate*)
  • After the 2 year period, enjoy a life of loan discount of 0.90%p.a. off the owner occupier standard variable home loan rate.
The Accelerator Package comes with a life of loan discount off our standard variable rate, plus a 100% offset account with Visa debit card and a range of discounts off other products and services. For more information on the Accelerator Home Loan, including package benefits and to view a Home Loan Key Fact Sheet, click here.

 

Who's eligible?
To qualify, at least one borrower (not guarantor) must be employed/engaged in one of the occupations listed below.
 
  • Police Department employee (sworn officer or civilian)
  • Ambulance Officer (including specialist paramedics)
  • Qualified Nurses (including hospital and nursing home/aged care facilities)
  • Prison Officers
  • Professional Fire Fighters
  • Qualified / Licenced Teachers (currently employed in a school)
  • Legal Practitioner
  • Accountant
  • Medical Doctor
  • Dentist / Orthodontist
  • Judicial Officer
  • Veterinary Surgeon
  • Optometrist / Ophthalmologist
 
We understand that there are a wide range of related roles and professions who also play an important role in our community. Please note that at this time, eligible professions are restricted to those in the list below however we will review this list periodically.
 
You can apply if you:
 
  • Are over 18 years of age
  • Have a regular income
  • Are not or have not been bankrupt (including Part IX agreements)
  • Are an Australian citizen or a permanent resident
  • Have not had defaults on any Loans, Credit cards, Interest free finance or Store cards in the last 5 years
  • Have been in your current job longer than 6 months
  • Have an acceptable Credit Risk Profile (Credit Score)
 
What you may need to apply:
 
Your personal details, such as your current and previous address, phone number and email address
Details of your income, employment, any assets (e.g. home, car or savings) and debts (mortgages, loans and credit cards) you currently have.
 
 
Self employed?
 
Community First Credit Union is able to offer loans to self employed applicants including home loans, personal loans, credit cards and overdrafts. Find out more here.

 

Rates
Picture of Community Professional feature

Community Professional feature

2 year owner occupier variable rate with Accelerator Package - only for applicants eligible for the Community Professional Feature
2 year variable rate with Accelerator Package, Max LVR 90%, principal and interest repayments
2.29%p.a.1
Comparison rate
3.90%p.a.*
Picture of Community Professional feature

Community Professional feature

2 year owner occupier fixed rate with Accelerator Package - only for applicants eligible for the Community Professional Feature
2 year fixed rate with Accelerator Package, Max LVR 90%, principal and interest repayments from
2.29% p.a.1
Comparison rate  from
3.90% p.a.*
Credit eligibility criteria, terms & conditions, fees & charges apply.
1 Offer terms and conditions: Home Loan Offer is for applicants eligible for the Community Professional Feature only. Applications must be submitted from 4/08/20 and funded by 31/01/21 - offer can be withdrawn at anytime. Offer is available on the Accelerator Package home loan for owner occupiers with principal and interest repayments and a maximum LVR of 90%. If the LVR is greater than 90%, full Lenders Mortgage Insurance (LMI) is payable and there is no LMI waived on the LVR up to 90%. Available only for new loans with a minimum balance of $100,000 or for eligible internal loan increases of at least $50,000. Legal fee waiver applies to applications with one security property, additional securities will be charged at cost and could incur additional legal fees. Valuation fees may apply. Additional upfront fees apply for construction loans. Your interest rate and repayments may increase at the end of the 2 year term as a lower discount applies for the remaining term. Government charges or any exit costs may be incurred from your existing lender.