Fixed rate *

2.29

%

p.a.

Comparison rate *

3.61

%

p.a.

Application fee *

$0

Redraw fee *

$0

Fixed Rate Package - 1 Year - Special Offer - Principal & Interest - Owner Occupier☉︎§︎#^µ︎
*For more information on the rates, fees and charges that can apply please refer to our important information below. Comparison rates are based on a $150,000 secured loan for 25 years. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

The Credit Union SA Home Loan Package offers a fantastic collection of benefits across our Home Loans, Visa Credit Card, Personal Loans, Term Deposits and more.

You pay just one annual fee of $395 and in return you’ll save an absolute bundle.

Home loan savings

Savings on other products

Plus, as a Credit Union SA member you receive:

  • No transaction fees or monthly access fees on our Transaction Accounts
  • A Free Financial Planning consultation

Home Loan Offset Account

Home Loan Offset Accounts are available with selected Credit Union SA Variable Rate Home Loans. This offers all the convenient day-to-day banking features you need, but with the huge added advantage of also lowering the amount of interest you pay on your eligible variable rate home loan. It’s completely free from transaction fees+ and there are no monthly fees.

Here's how it works

Let’s say your variable rate home loan balance is $250,000. If you link your Home Loan Offset Account with a balance of $50,000 to your home loan, you will only be charged interest on your home loan based on a $200,000 balance. Over the life of the loan it could save you thousands. Home Loan Offset Accounts are available with selected Credit Union SA Variable Rate Home Loans.

Quick and easy application

Our paperless application makes it simple for you to apply online, over the phone or in person.

FREE CoreLogic RP Data property reports

To assist you in your search for the perfect property.

Flexible home loan repayment options

Weekly, fortnightly or monthly.

Redraw extra home loan repayments

Any time, and at no cost.

Choose between a $2,500 cashback or a reduced rate

Special Offer Owner Occupied Fixed Home Loan Package

Product NameInterest RateComparison rate
Fixed Rate Package - 1 Year - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#^2.29% p.a.3.61% p.a.
Fixed Rate Package - 2 Year - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#^2.34% p.a.3.54% p.a.
Fixed Rate Package - 3 Year - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#^2.59% p.a.3.53% p.a.
Fixed Rate Package - 4 Year - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#^3.19% p.a.3.67% p.a.
Fixed Rate Package - 5 Year - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#^3.39% p.a.3.74% p.a.

Special Offer Investment Fixed Home Loan Package

Product NameInterest RateComparison rate
Fixed Rate Package - 2 Year - Special Offer - Principal & Interest - Investment☉︎§︎#^2.64% p.a.3.95% p.a.
Fixed Rate Package - 3 Year - Special Offer - Principal & Interest - Investment☉︎§︎#^2.84% p.a.3.91% p.a.
Fixed Rate Package - 4 Year - Special Offer - Principal & Interest - Investment☉︎§︎#^3.19% p.a.3.96% p.a.
Fixed Rate Package - 5 Year - Special Offer - Principal & Interest - Investment☉︎§︎#^3.39% p.a.4.00% p.a.

Variable Special Offer Home Loan for Owner Occupied and Investment Home Loans

Product NameInterest RateComparison rate
Variable Home Loan Package - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#µ︎★︎^2.19% p.a.2.63% p.a.
Variable Home Loan Package - Special Offer - with cashback - Principal & Interest - Owner Occupied☉︎§︎#^☆︎2.44% p.a.2.88% p.a.
Variable Home Loan Package - Special Offer - with cashback - Interest Only - Owner Occupied☉︎§︎♠︎#^3.04% p.a.3.46% p.a.
Discounted Variable Rate Home Loan - Principal & Interest - Owner Occupied★︎☉︎§︎µ︎^2.19% p.a.2.21% p.a.
Discounted Variable Rate Home Loan - with cashback - Principal & Interest - Owner Occupied☉︎§︎µ︎^☆︎2.44% p.a.2.46% p.a.
Discounted Variable Rate Home Loan - Interest Only - Owner Occupied♠︎★︎☉︎§︎µ︎^3.04% p.a.3.06% p.a.

Special Offer Low Deposit Variable Home Loan Package

Product NameInterest RateLVRComparison rate
Low Deposit Variable Home Loan Package Special Offer - Principal & Interest - Owner Occupied☉︎#♙︎★︎^2.34% p.a.0.00% - 95.00%2.78% p.a.
Low Deposit Variable Home Loan Package Special Offer - Principal & Interest - Investment☉︎★︎^2.34% p.a.0.00% - 90.00%2.78% p.a.

Owner Occupied Variable Home Loan Package

Product NameInterest RateComparison rate
Variable Home Loan Package - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#µ︎^3.29% p.a.3.70% p.a.
Variable Home Loan Package - Special Offer - Interest Only - Owner Occupied☉︎§︎♠︎#µ︎^3.84% p.a.4.24% p.a.

Owner Occupied Fixed Home Loan Package

Product NameInterest RateComparison rate
Fixed Rate Package - 1 Year - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#^2.84% p.a.3.66% p.a.
Fixed Rate Package - 1 Year - Special Offer - Interest Only - Owner Occupied♠︎☉︎§︎#^3.89% p.a.4.24% p.a.
Fixed Rate Package - 2 Year - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#^2.84% p.a.3.62% p.a.
Fixed Rate Package - 2 Year - Special Offer - Interest Only - Owner Occupied♠︎☉︎§︎#^3.89% p.a.4.25% p.a.
Fixed Rate Package - 3 Year - Special Offer - Principal & Interest - Owner Occupied☉︎§︎#^3.04% p.a.3.64% p.a.
Fixed Rate Package - 3 Year - Special Offer - Interest Only - Owner Occupied♠︎☉︎§︎#^4.19% p.a.4.33% p.a.

Investment Variable Home Loan Package

Product NameInterest RateComparison rate
Variable Home Loan Package - Special Offer - Principal & Interest - Investment☉︎§︎#^3.74% p.a.4.14% p.a.
Variable Home Loan Package - Special Offer - Interest Only - Investment♠︎☉︎§︎#^3.94% p.a.4.34% p.a.

Investment Fixed Home Loan Package

Product NameInterest RateComparison rate
Fixed Rate Package - 1 Year - Principal & Interest - Investment☉︎^2.89% p.a.4.06% p.a.
Fixed Rate Package - 1 Year - Interest Only - Investment♠︎☉︎^3.09% p.a.4.26% p.a.
Fixed Rate Package - 2 Year - Special Offer - Principal & Interest - Investment☉︎§︎#^2.89% p.a.3.99% p.a.
Fixed Rate Package - 2 Year - Special Offer - Interest Only - Investment♠︎☉︎§︎#^☆︎2.79% p.a.4.13% p.a.
Fixed Rate Package - 3 Year - Special Offer - Principal & Interest - Investment☉︎§︎#^2.84% p.a.3.91% p.a.

Fees

Fee

Amount

Application Fee

$0

Redraw Fee

$0

Package Fee

$395

Other fees and charges may apply.

Start your application now

For a home loan that makes you feel at home – get in touch with us today.

Start your home loan application online anytime, anywhere.

Details you’ll need to have handy:

  • your income and living expense details
  • information about what you own and what you owe.

We’ll call you back within 48 hours to talk you through the next steps.

Apply now

Don’t have time to visit us?

No problem. We can come to you!

Simply book an appointment with one of our Mobile Lending Managers at a time and place that suits you.

Make an appointment

Home Loan Calculators

We’ve got you sorted with a number of handy calculators that will help you work out exactly what you’ll need to do to achieve your financial goals, whether that be borrowing money, making repayments, or creating a savings plan.

Calculate now

Our Award Winning Home Loans

2020 Mozo Expert Choice Awards

We’re excited to announce that we’ve taken out top honours in the Mozo Expert Choice Awards to be named Australia’s Best Small Credit Union for 2020.

Our Variable Home Loan Package Special Offer has also won Best Packaged Home Loan at Mozo’s 2020 Expert Choice Awards.

  • 2020 Mozo Expert Choice Awards - Best Small Credit Union
  • 2020 Mozo Expert Choice Awards - Best Packaged Home Loan
  • 2018 Canstar – a 5-Star Rating for Outstanding Value
  • 2018 Mozo Experts Choice
  • 2017 Mozo Experts Choice
  • 2016 Mozo Experts Choice

Read more

Australia’s Best Digital Bank 2020

We have been recognised as Australia’s ‘Best Digital Bank’ for non-major banks at the 2020 DBM Australian Financial Awards. This award acknowledges the hard work of our teams and vendors in delivering the best digital experience to our members.

Credit Union SA had the highest average satisfaction rating of mobile and online banking from their members over January 2019 through December 2019, which is why we were awarded Australia’s ‘Best Digital Bank’.

Read more

The credit union difference

At Credit Union SA, we offer all the same services as a bank but with one very important difference - our highest priorities are our members and our community.

Learn more about us

FREQUENTLY ASKED QUESTIONS
View all Loans FAQs

The Credit Union SA Home Loan Package is designed to help you save money. It offers a fantastic collection of bundled benefits across Home Loans, Visa credit cards, Personal Loans, Transaction Accounts, Term Deposits and more.

Refinancing is when you move your home loan from one lender to another. You might do this to get a better interest rate, better loan features, better service… any reason at all really! Be careful though, as there may be some fees involved in refinancing.

When you're buying or building a home or apartment you intend to live in, it's called an owner occupied property. This includes holiday homes that you don’t rent out and purchases of land on which you intend to build on, to live in. When you're applying for a home loan, you'll need to specify whether you're applying for an owner occupied loan or an investment loan. This distinction can change the interest rate options and loan features available to you.

Struggling to save up enough of a deposit to buy your first home or first investment property? Then our Family Guarantee could be just the thing to get you into a place you can call your own. Our Family Guarantee enables first home buyers with limited savings to enter the property market sooner*.

Here's how it works – If your parents or other family members have equity in their home, investment property or have a Term Deposit with Credit Union SA, you can use that equity or investment to guarantee a portion of your loan.

Which family members can provide a Family Guarantee?

  • Parents
  • Parents-in-law
  • Step-parents

Credit Union SA will consider the provision of guarantees by other immediate family members where a guarantee from the above-mentioned family members would not be appropriate.

When can a Family Guarantee be used?

Guarantees from family members can only be provided to assist first home buyers/investors to:

  • purchase a new property;
  • purchase an established property;
  • build a new home.

Where a borrower is entitled to a government grant, the entitlement will not be affected by the provision of a Family Guarantee. Family Guarantees will not usually be accepted by the Credit Union where offered to support borrowings for a second/subsequent property or for any other purpose.

To find out more about leveraging the equity in Mum and Dad's home so you can get into yours, have an obligation-free chat with one of our experienced staff, Mobile Managers or download our guide.

Download our Family Guarantee Guide

*Subject to responsible lending criteria.

Providing you redraw a minimum of $500 at a time, you can redraw excess funds at any time for no fees. To find out more visit the Compare Home Loans page.

You certainly can, and on Variable Rate Home Loans you can make an unlimited amount of extra payments without penalty. For Fixed Rate Home Loans, there are limits as to how much extra you can put in. To find out more visit the Compare Home Loans page.

We offer Home Loan Offset Accounts on our Standard Variable Rate Home Loans and variable loans under a Home Loan Package. To find out more visit the Compare Home Loans page.

To check the current Home Loan rates on the different loans available, visit our rates page.

The LVR is the loan amount as a percentage of the total value of the property. For example, if you are borrowing $280,000 to purchase a house valued at $350,000 then your LVR is 80%. The maximum LVR that you can borrow up to depends on several factors including the type of loan, the loan amount that you’re applying for and your capacity to make repayments.

Currently the South Australian Government’s First Home Owners Grant is only available for people who are buying or building a new residential property.

Credit Union SA’s $5,000 First Home Buyer’s Grant is available when you borrow at least $250,000 to purchase or build a first home with a loan to value ratio (LVR) over 80%.


Lending criteria, fees and conditions apply. Offer is current as at 23/04/2018 and is subject to change. Minimum loan $250,000 to purchase or build a first home with a loan to value ratio over 80%. All loans that are eligible for the First Home Buyers Grant will be subject to pay Lenders’ Mortgage Insurance. To be eligible, applicants must not have previously owned residential property in Australia. Available to natural persons only (i.e. not a trustee or a company).

INFORMATION YOU SHOULD KNOW

*We do not charge any fees when using ATMs within Australia. However, some ATM operators may charge a fee to process your transaction or balance enquiry. If withdrawing cash overseas a fee may be charged by the ATM operator and the details will be disclosed at the time of the transaction or enquiry. Other fees and charges may apply. This is general advice only and you should consider the terms and conditions before determining whether any of our products are suitable to your situation.

The target market for this product can be found within the product’s Target Market Determination (TMD), available at creditunionsa.com.au/legal/terms-and-conditions/target-market-determination

☉︎

Conditions, fees and lending criteria apply and are available on request. Comparison rates are based on a $150,000 secured loan for 25 years. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

§︎

You must hold, or be approved for, total Package borrowings of at least $150,000. Conditions and annual package fee of $395 applies.

#

This offer is available on new loans with minimum new borrowings of $150,000. Bridging and construction loans are not eligible for this offer.

^

Offers valid as at 07/01/2022 are limited and may be withdrawn or altered at any time without notice. Interest rates are subject to change.

µ︎

This offer is available on new loans with minimum new borrowings of $150,000. Bridging loans are not eligible for this offer.

★︎

Offer available on new loans with minimum new borrowings of $150,000 where the LVR is 80% or less and no cashback is taken. Not available on fixed rate special offers and bridging loans.

☆︎

Cashback offer available on any owner-occupied or investment loan with minimum new borrowings of $250,000 where the loan to value ratio is 80% or less. Funds available at settlement, except in the case of construction loans where cashback will be paid on confirmation that the foundation has been poured. Limit of one cashback per household. Not available on fixed rate special offers and bridging loans.

♠︎

Interest only interest rates apply when you request to only repay interest charges on you loan. For construction loans, you will only be charged interest only interest rates if, after your construction period, your repayments will not be principal & interest repayments.

♙︎

Requires minimum new borrowings of $150,000 or more where the loan to value ratio is 95% or less for owner-occupied loans and 90% or less for investment loans. This offer is available only to first home buyers, Education Community members and Workplace Banking Benefits members. This offer is limited and may be withdrawn at any time.