Home Loan
Interest rate from
4.74% p.a.1
Our True Value Variable Home Loan gives you a competitive standard variable interest rate. It also comes with a range of flexible features to help with managing your loan. Please take a moment to review the Home Loan Key Facts Sheet before you begin. Different interest rates apply based on loan purpose and repayment types.
Features and benefits
- Deposit your money into a 100% offset facility which allows you to reduce the interest on your home loan
- Save money with $0 monthly and $0 annual fees
- Use your money your way by making extra repayments without penalty and redraw your money as you need it
- Benefit from flexible repayment options – pay weekly, fortnightly or monthly
- Available for owner occupied, investment or construction purposes
- Owner-occupiers can borrow up to 95% of the property value with lenders mortgage insurance. Lenders mortgage insurance will apply if you borrow over 80% of the property value
- Investors can borrow up to 80% of the property value
- If you borrow 80% or less of the property value lenders mortgage insurance may not be required.
- Different interest rates apply based on loan purpose and repayment types.
Fees
- New application fee $600
- Valuation, legal and top up fees may apply
- $0 monthly and $0 annual fees
-
Redraw fee:
- Internet (BPAY®, internal and external transfers) $15
- Staff Assisted $30
Additional fees may also apply. Please refer to current schedule of fees and charges.
® Registered to BPAY Pty Ltd ABN 69 079 137 518
Loan repayment calculator
Stamp duty calculator
Eligibility
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
Standard variable home loan
Standard variable rate - Owner-occupied Principal & Interest
Interest rate from
4.74% p.a.1
Standard variable home loan
Standard variable rate - Owner-occupied Interest Only
Interest rate
5.09% p.a.1
Standard variable home loan
Standard variable rate - Investment Principal & Interest
Interest rate
5.04% p.a.1
Standard variable home loan
Standard variable rate - Investment Interest Only
Interest rate
5.39% p.a.1
How to apply
You can choose to apply online, over the phone, or by visiting one of our Financial Services Stores.
Features and benefits
- Deposit your money into a 100% offset facility which allows you to reduce the interest on your home loan
- Save money with $0 monthly and $0 annual fees
- Use your money your way by making extra repayments without penalty and redraw your money as you need it
- Benefit from flexible repayment options – pay weekly, fortnightly or monthly
- Available for owner occupied, investment or construction purposes
- Owner-occupiers can borrow up to 95% of the property value with lenders mortgage insurance. Lenders mortgage insurance will apply if you borrow over 80% of the property value
- Investors can borrow up to 80% of the property value
- If you borrow 80% or less of the property value lenders mortgage insurance may not be required.
- Different interest rates apply based on loan purpose and repayment types.
Fees
- New application fee $600
- Valuation, legal and top up fees may apply
- $0 monthly and $0 annual fees
-
Redraw fee:
- Internet (BPAY®, internal and external transfers) $15
- Staff Assisted $30
Additional fees may also apply. Please refer to current schedule of fees and charges.
® Registered to BPAY Pty Ltd ABN 69 079 137 518
Loan repayment calculator
Stamp duty calculator
Eligibility
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
Standard variable home loan
Standard variable rate - Owner-occupied Principal & Interest
Interest rate from
4.74% p.a.1
Standard variable home loan
Standard variable rate - Owner-occupied Interest Only
Interest rate
5.09% p.a.1
Standard variable home loan
Standard variable rate - Investment Principal & Interest
Interest rate
5.04% p.a.1
Standard variable home loan
Standard variable rate - Investment Interest Only
Interest rate
5.39% p.a.1
Credit eligibility criteria, terms & conditions, fees & charges apply.
1 Rate for new loans is current as at 06/11/19 and subject to change without notice. Related products and services
A low rate credit card with the same low rate on purchases, cash advances and balance transfers.
A low rate credit card with the same low rate on purchases, cash advances and balance transfers.
Load and use multiple currencies including Euros, US Dollars and Great British Pounds.
