Home Loan

If you're looking to buy or build, and you're currently working in an eligible profession, you could borrow up to 90% of the property value without the need to pay Lenders' Mortgage Insurance (LMI). It's available for new lending on Community First owner occupied home loans that allow a maximum  LVR of 95% and you can choose from a range of fixed and variable options . View the Home Loan Key Facts Sheet before you begin. 

 

 

About this feature

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.
 
This feature is available for new lending on Community First owner occupied home loans. There are a range of fixed and variable options to choose from - view our home loan choices to see our full range.
 
 
Credit eligibility criteria, terms & conditions, fees & charges apply.

 

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. If you're not sure if you qualify, give us a call.
 
Credit eligibility criteria, terms & conditions, fees & charges apply.

 

Applying

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.
 
Credit eligibility criteria, terms & conditions, fees & charges apply.

 

About this feature

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.
 
This feature is available for new lending on Community First owner occupied home loans. There are a range of fixed and variable options to choose from - view our home loan choices to see our full range.
 
 
Credit eligibility criteria, terms & conditions, fees & charges apply.

 

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. If you're not sure if you qualify, give us a call.
 
Credit eligibility criteria, terms & conditions, fees & charges apply.

 

Applying
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.
 
Credit eligibility criteria, terms & conditions, fees & charges apply.