Home / Investment Loans

We understand that buying a home is probably the most important, and expensive purchase you'll ever make. We have designed hassle-free home loans to make this venture even easier for you.

Basic Variable Home Loan

With our Variable Home Loan you won't pay for any additional features that you don't need! Our Basic Variable is a no fuss home loan option with a low ongoing variable rate, low monthly fee and you can make additional repayments at any time to help you pay off your loan sooner.

The Basic Variable loan can be used for the purchase or refinancing of an owner occupied or investment home. You can even borrow to build your dream home or make major home improvements.

Standard Variable Home Loan

Our Standard Variable Home Loan is a variable home loan for purchasing or refinancing a home or investment property. You can even borrow to build your dream home or make major home improvements.

If you borrow more than $250,000 for your Home Loan, you may qualify for the Credit Union's Reward Rate Home Loan which gives you a .55% discount for the life of your loan.

Reward Rate Home Loan

If you are looking to borrow more than $250,000 and have your pay deposited into the Credit Union, you may be eligible for our Reward Rate Variable Home Loan. This is a variable rate loan which gives you a .55% discount on the Standard Variable rate for the life of your loan.

Fixed Rate Home Loan

Our competitive Fixed Rate terms are available for 1, 2, 3 and 5 years and come with the flexibility of repayment options to suit your individual needs. Once the term expires, your loan will automatically revert to our standard variable rate, although we will contact you before this happens so you have the option to lock in your rate for a further period.

By locking in your interest rate with our fixed rate loan you get the certainty of knowing exactly what your interest rate and payments will be no matter what happens in the market!

All in One Home Loan

Our All in One Loan is a flexible loan option that gives you access to the equity in your property. You can borrow up to 80% of its value and access this equity any time using your linked Visa Debit Card. This means you can use the All in One to manage all your finances from the one account..

Flying Start Home Loan

If you are applying for a new loan, or you want to refinance your existing loan from another institution, this may be the loan for you. This loan is designed to get you off to a flying start, with the interest rate discounted from the standard variable rate for the first 12 months.

Useful Links and Tools

• Read our home loan FAQs
• Use our calculators to see how much you can borrow
• View our interest rates
• View our fees and charges
• More Information about Responsible Lending

_{**Fee Free relates to account keeping and transaction fees applied by the Western City Credit Union. Other fees and charges may apply. Normal lending criteria, terms and conditions, fees and charges apply. Please refer to the Credit, Fees and Charges schedule for current details on fees and charges applicable to our Standard Variable Home Loan. *Based on a loan for an amount of $150,000 secured over a term of 25 years. #The interest rate is 1.30% below the Standard Variable rate for a period of 12 months for new loans approved from 9 Nov 2011. For loans approved prior to 9 Nov 2011 the interest rate is 1.25% below the Standard Variable rate for a period of 12 months. After 12 months the rates revert back to the standard variable rate applying at that time. Warning: the comparison rate only applies to the example or examples given above. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Interest rates effective 20/02/2012 and are subject to change.}