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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.

Discounted Variable Rate Home Loan

Get a head start with this low discounted rate for the first 2 years of your loan.

  • 1% discount off the Standard Variable rate for first 2 years
  • Free Online Redraw
  • No account keeping fees

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

Request a Home Loan Key Fact Sheet

Owner Occupied

3.77% pa
variable interest rate

4.63% pa*
comparison rate

Investment

3.96% pa
variable interest rate

4.82% pa*
comparison rate

apply
  Features
Discounted Variable Rate Home Loan
Minimum amount $150,000
Maximum amount 80% of property value
90% of property value with Mortgage Insurance (Investment)
95% of property value with Mortgage Insurance (Owner Occupied)
Maximum loan period Up to 30 years
Establishment fee $250
Legal fees At cost
Valuation fees At cost
Monthly fee Nil
Flexible Repayments Weekly/fortnightly/monthly
Interest charges Calculated daily, charged monthly
Free Online Redraw facility Yes (minimum $500)
Offset facility No
Top up facility available Yes
Unlimited extra repayments allowed Yes
Split with fixed and variable options No
Bridging Finance No
Time out option No

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 establishment 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
 3.87%pa

variable interest rate

4.29%pa*

comparison rate


Investment

From
4.06%pa

variable interest rate

4.47%pa*

comparison rate

apply

 

  Features
Power Home Loan Package
Minimum amount $10,000
Maximum amount 80% of property value;
90% of property value with mortgage insurance (Investment)
95% of property value with mortgage insurance (Owner Occupied)
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 only

From
 4.23%pa

variable interest rate

4.37%pa*

comparison rate

apply
  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)
Establishment Fee $250
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
 5.77%pa

variable interest rate

5.81%pa*

comparison rate


Investment

From
5.96%pa

variable interest rate

6.00%pa*

comparison rate

apply
  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
Establishment Fees $250
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

4.77% pa
variable interest rate

4.81% pa*
comparison rate

apply
  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
Establishment fee $250
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

4.27% pa
variable interest rate

4.68% pa*

comparison rate

 apply
  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
Establishment fee $250
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

4.77% pa
variable interest rate

4.81% pa*
comparison rate


Investment

4.96% pa
variable interest rate

5.00% pa*
comparison rate

 apply
  Features
Refinance Home Loan
Maximum amount 80% of property value;
90% of property value with mortgage insurance (Investment)
95% of property value with mortgage insurance (Owner Occupied)
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
Establishment fee $250
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
  • 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

4.52% pa
variable interest rate

4.56% pa*
comparison rate


Investment

4.71% pa
variable interest rate

4.75% pa*
comparison rate

 apply
  Features
Basic Home Loan
Minimum amount $150,000
Maximum amount 80% of property value;
90% of property value with mortgage insurance (Investment)
95% of property value with mortgage insurance (Owner Occupied)
Flexible repayments Weekly, fortnightly or monthly - allowed up to $5,000 per year
Redraw facility Yes - $50 fee
Top-up facility Yes 
Establishment fee $250
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

4.96% pa
variable interest rate

5.00% pa*
comparison rate

 apply
  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
Establishment fee $250
Optional pre-approved $2000 credit card Yes
FEE FREEDOM Yes

More Information

Apply

Apply for a Home Loan Apply Now

Questions?

If you have any questions, please contact us Contact Us

*Comparison rate calculated on a $150,000 loan amount over a term of 25 years with monthly repayments. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate. Lending criteria, terms and conditions, fees and charges apply.