Home and Investment Loans

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We have designed a variety of home loans to satisfy the needs of you, our Members. Whether you are buying your first home, refinancing or looking to buy an Investment property, we have something to suit you.

Power Home Loan Package

The Power home loan package enables you to bundle some of our great products together. Be rewarded today with one low annual fee and interest savings helping you own your home sooner.

No approval or application fees
100% mortgage offset²
Flexibility to manage up to two loans for one annual fee⁸
Free Online redraw
Interest rate discounts on personal and car loans⁴
Bonus rates on term deposits⁵
Discounts on home, landlord’s, and comprehensive car insurance⁶

Use our calculators to work out your borrowing power, repayments and more

Request a Home Loan Key Fact Sheet

Owner Occupied

From
4.09%pa
variable interest rate

4.50%pa*
comparison rate

Investment

From
4.28%pa
variable interest rate

4.69%pa*
comparison rate

Features

Power Home Loan Package
Minimum amount	$10,000
Maximum amount	80% of property value; 95% of property value with mortgage insurance
Loan period	Up to 30 years
Discounted Interest Rates (Off Standard Variable home loan rate)¹⁰	0.10%pa _{$10,000 - $150,000} 0.50%pa _{$150,001 - $250,000} 0.60%pa _{$250,001 - $400,000} 0.90%pa _$400,001+
Annual fee	$400.00
Legal fees	At cost
Valuation Fees	At cost
Flexible repayments	Weekly/fortnightly/monthly
Application fee	Nil
Interest charges	Calculated daily, charged monthly
Free Online Redraw facility	Yes (Minimum $500)
Offset facility²	Yes – 100% linking to one variable rate loan
Top up facility Available	Min $10,000
Monthly account keeping/service fees	No
Annual fee on Visa Credit Card	No
Unlimited extra repayments allowed	Yes (Unrestricted on variable rate loans)
Interest rate discounts on Personal and Car loans⁴	Yes (2%pa off standard personal and car loan rates)
Bonus rate on term deposits⁵	Yes (0.25%pa above standard term deposit rates)
Time out option	Yes
Early repayment without penalty	Yes (Unrestricted on variable rate loans)
Discounts on home and landlord insurance⁶	Receive a 10% discount for the first year on one Home Insurance, Landlord’s Insurance, or Comprehensive Car Insurance policy premium
Terms and Conditions - Power Home Loan	Click here to view Terms and Conditions

SPECIAL Low Rate Home Loan

A great home loan if you are looking for a low rate for the life of your loan.

No Valuation fee
No Mortgage Prep fees
100% mortgage offset
Free Online Redraw
Low Monthly fee
Flexible repayment options
No penalty for early repayment

Use our calculators to work out your borrowing power, repayments and more

Request a Home Loan Key Fact Sheet

Owner Occupied

From
4.45%pa
variable interest rate

4.60%pa¹
comparison rate

Features

SPECIAL Rate Home Loan
Minimum Loan Amount	$150,000
Maximum Loan Amount	80% of property value, 95% of property value with mortgage insurance
Loan Period	Up to 30 years
Valuation Fee	Nil (one free residential valuation per loan application)
Mortgage Prep Fee	Nil (Free preparation of one set of mortgage documents per loan application)
Application Fee	Nil
Approval Fee	$200
Low Monthly Fee	$10 per month
Legal Fees	At cost
Flexible Repayments	Weekly/fortnightly/monthly
Interest Charges	Calculated daily, charged monthly
Free Redraw Facility	Yes online ($20 fee if processed manually)
Time out option	Yes
Top up facility	Yes
Variable & lump sum repayments	Yes
Early repayment without penalty	Yes

Home Equity Loan

Our Home Equity Loan allows you to borrow against the portion of your home that you own. This is the difference between the amount you owe on your home loan and the value of the property. You can use the funds for whatever you like. Take advantage of other investment opportunities, take that dream holiday, or use it to make improvements to your home.

Access the equity in your home
Free online redraw
Flexible repayment options
No penalty for early payout
Save interest on your home loan

Use our calculators to work out your borrowing power, repayments and more

Request a Home Loan Key Fact Sheet

Owner Occupied

From
5.99%pa
variable interest rate

6.03%pa¹
comparison rate

Investment

From
6.18%pa
variable interest rate

6.22%pa¹
comparison rate

Features

New Home Equity Loan
Minimum amount	$5,000
Maximum amount	80% of property value
Loan period	Up to 30 years
Valuation fee	At cost
Application fees	Nil
Approval Fees	Yes
Legal Fees	At cost
Flexible repayments	Weekly/fortnightly/monthly
Interest charges	Calculated daily, charged monthly
Free Redraw facility	Yes
Time out option	Yes
Top up facility	Yes (No minimum amount)
Variable and lump sum repayments	Yes
Early repayment without penalty	Yes

Standard Variable Home Loan

Our most popular home loan – everything you need and a low rate.

Options to split with variable and fixed rates
Optional low-rate VISA Credit Card with no annual fee, reliant on relationship with Credit Union of over $100,000.
Time out – repayment pause available
And much more

Use our calculators to work out your borrowing power, repayments and more

Request a Home Loan Key Fact Sheet

4.99% pa
variable interest rate

5.03% pa*
comparison rate

Features

Standard Variable Home Loan
Maximum amount	80% of property value; 95% of property value with mortgage insurance
Flexible repayments	Weekly, fortnightly or monthly
Redraw facility	Yes
Offset facility	Yes - 100%
Time out option	Yes
Top-up facility	Yes
Bridging finance	Yes
No application fee	Yes
Pre-approved $2000 credit card	Yes
FEE FREEDOM	Yes

First Home Buyer’s Home Loan

A loan specifically designed for those eligible for the First Home Owner’s Grant.

Discounted variable rate for the first 3 years, then reverts to Standard Variable
Family guarantee option
100% mortgage offset
We lodge the grant application for you and pay up to $600 of your valuation and legal costs.

Use our calculators to work out your borrowing power, repayments and more

Request a Home Loan Key Fact Sheet

4.49% pa
variable interest rate

4.89% pa*
comparison rate

Features

First Home Buyer’s Home Loan
Maximum amount	80% of property value; 95% of property value with mortgage insurance
Flexible repayments	Weekly, fortnightly or monthly
Redraw facility	Yes
Offset facility	Yes - 100%
Time out option	Yes
Top-up facility	Yes
Split with fixed and variable rates	No
No application fee	Yes
FEE FREEDOM	Yes

Refinance Home Loan

If you have your home loan elsewhere, switch to Macquarie Credit Union to save.

100% mortgage offset
Free online redraw
Optional low-rate VISA Credit Card with no annual fee, reliant on relationship with Credit Union of over $100,000.
We even help with the switching costs**

Use our calculators to work out your borrowing power, repayments and more

Request a Home Loan Key Fact Sheet

Owners Occupied

4.99% pa
variable interest rate

5.03% pa*
comparison rate

Investment

5.18% pa
variable interest rate

5.22% pa*
comparison rate

Features

Refinance Home Loan
Maximum amount	80% of property value; 95% of property value with mortgage insurance
Flexible repayments	Weekly, fortnightly or monthly
Redraw facility	Yes
Offset facility	Yes
Time out option	Yes
Top-up facility	Yes
Split with fixed and variable rates	Yes
No application fee	Yes
Optional $2000 credit card	Yes
FEE FREEDOM	Yes
Existing home loan elsewhere required?	Yes
Assist with switching costs**	Yes - valuation and legal costs up to $600 are paid for if the home loan is greater than $200,000

Basic Home Loan

A great home loan if you are looking for a low rate for the life of your home loan.

Discount on standard variable rate
Redraw available
Low application fee
No monthly account keeping fees

Use our calculators to work out your borrowing power, repayments and more

Request a Home Loan Key Fact Sheet

Owners Occupied

4.74% pa
variable interest rate

4.78% pa*
comparison rate

Investment

4.93% pa
variable interest rate

4.97% pa**
comparison rate

Features

Basic Home Loan
Minimum amount	$150,000
Maximum amount	80% of property value; 95% of property value with mortgage insurance
Flexible repayments	Weekly, fortnightly or monthly - allowed up to $5,000 per year
Redraw facility	Yes - $50 fee
Top-up facility	Yes - $100 fee
Low application fee	$150
FEE FREEDOM	Yes

Introductory Rate Home Loan

Make things easier with this low rate introductory offer for the first 12 months of your loan.

Discount on Standard Variable rate for first 12 months
No application fee
No monthly account keeping fees
Optional low-rate VISA Credit Card with no annual fee, reliant on relationship with Credit Union of over $100,000.

Use our calculators to work out your borrowing power, repayments and more

Request a Home Loan Key Fact Sheet

Owners Occupied

4.49% pa
variable interest rate

4.98% pa*
comparison rate

Investment

4.68% pa
variable interest rate

5.17% pa*
comparison rate

Features

Introductory Rate Home Loan
Maximum amount	80% of property value; 95% of property value with mortgage insurance
Flexible repayments	Weekly, fortnightly or monthly - no extra repayments in the first 12 months
Redraw facility	No
Offset facility	No
Time out option	No
Top-up facility	Yes
Split with fixed and variable rates	No
Bridging finance	Yes
No application fee	Yes
FEE FREEDOM	Yes

Investment Home Loan

Looking for an investment property? Save on your investment with us.

Borrow up to 100%
Options to split with variable and fixed rates
Optional low-rate VISA Credit Card with no annual fee, reliant on relationship with Credit Union of over $100,000.
100% mortgage offset

Use our calculators to work out your borrowing power, repayments and more

Request a Home Loan Key Fact Sheet

5.18% pa
variable interest rate

5.22% pa*
comparison rate

Features

Investment Home Loan
Maximum amount	80% of property value; 90% of property value with mortgage insurance
Flexible repayments	Weekly, fortnightly or monthly
Redraw facility	Yes
Offset facility	Yes - 100%
Time out option	Yes
Top-up facility	Yes
Split with fixed and variable rates	Yes
No application fee	Yes
Optional pre-approved $2000 credit card	Yes
FEE FREEDOM	Yes

More Information

Apply

Apply for a Home Loan

Questions?

If you have any questions, please contact us

_{*Comparison rate calculated on a loan amount of $150,000 over a term of 25 years with monthly repayments}