Our Special Offer Owner Occupied Home Loans give you low interest rates with lots of flexibility, so you can pay off your home sooner.

Limited Time Offer
Plus, for a limited of time we’re letting you choose between a $2,500 cashback1 or a reduced rate2 when you take out an eligible home loan with us. Find out more.


Special Home Loan Offers

Owner Occupied Fixed Home Loan Packages

Enjoy the certainty of knowing your repayments each month, plus Visa Credit Card annual fee waivers, discounted Personal Loan rates and more.

Owner Occupied Variable Home Loan Package

Get unlimited fee-free additional repayments, 100% Home Loan Offset Accounts, Visa Credit Card annual fee waivers, discounted Personal Loan rates and more.

Owner Occupied Discounted Variable Rate Home Loan

Enjoy a competitive variable rate and the freedom to make extra repayments, so you can pay off your loan quicker.

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

Flexible home loan repayment options

Weekly, fortnightly or monthly

No loan application fees or monthly fees

Owner Occupied Special Offer Low Deposit Variable Home Loan Package

Product NameInterest RateLVRComparison rate
Low Deposit Variable Home Loan Package Special Offer - Principal & Interest - Owner Occupied☉︎§︎#^µ︎★︎2.59% p.a.0.00% - 97.00%3.02% p.a.

Special Offer Owner Occupied Fixed Home Loan Package

Product NameInterest RateComparison rate
Fixed Rate Package - 1 Year - Principal & Interest - Owner Occupied☉︎☆︎§︎µ︎★︎3.80% p.a.3.97% p.a.
Fixed Rate Package - 2 Year - Principal & Interest - Owner Occupied☉︎☆︎§︎µ︎★︎4.35% p.a.4.09% p.a.
Fixed Rate Package - 3 Year - Principal & Interest - Owner Occupied☉︎☆︎§︎µ︎★︎4.79% p.a.4.27% p.a.
Fixed Rate Package - 4 Year - Principal & Interest - Owner Occupied☉︎☆︎§︎µ︎★︎5.05% p.a.4.45% p.a.
Fixed Rate Package - 5 Year - Principal & Interest - Owner Occupied☉︎☆︎§︎µ︎★︎5.19% p.a.4.62% p.a.

Owner Occupied Special Offer Variable Home Loan Package

Product NameInterest RateComparison rate
Variable Home Loan Package LVR 85% Special offer - Principal & Interest - Owner Occupied☉︎☆︎µ︎♠︎2.35% p.a.2.79% p.a.
Variable Home Loan Package - where no cashback is taken - Principal & Interest - Owner Occupied☉︎☆︎§︎♙︎^µ︎★︎2.44% p.a.2.88% p.a.
Variable Home Loan Package - Special Offer - Principal & Interest - Owner Occupied☉︎☆︎§︎µ︎♇︎★︎2.69% p.a.3.12% p.a.

Owner Occupied Special Offer Discounted Variable Home Loan

Product NameInterest RateComparison rate
Discounted Variable Rate Home Loan LVR 85% Special offer - Principal & Interest - Owner Occupied☉︎µ︎♠︎2.45% p.a.2.47% p.a.
Discounted Variable Rate Home Loan - where no cashback is taken - Principal & Interest - Owner Occupied^☉︎☆︎♙︎µ︎★︎2.54% p.a.2.56% p.a.
Discounted Variable Rate Home Loan - Special offer - Principal & Interest - Owner Occupied☉︎☆︎♙︎µ︎♇︎★︎2.79% p.a.2.81% p.a.
Discounted Variable Rate Home Loan - Special offer - Interest Only - Owner Occupied☉︎☆︎♆︎♙︎µ︎★︎3.04% p.a.3.06% p.a.

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.

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.

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.

You can apply for a home loan through any of the following methods:

Apply online

Or,

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.

The cashback offer is available on all our home loans, provided you meet the eligibility criteria.

The reduced rate offer is only available on our Discounted Variable Rate Home Loan and our Variable Home Loan Package.

Great news! There are no monthly fees with any of our Home Loans. We have a home loan to suit just about any need you might have so the application fee will depend on the type of loan or loan package you select.

Find out more

Generate a Home Loans Key Facts Sheet (HLKFS) on our website.

A Home Loans Key Facts Sheet (HLKFS) will provide you with information about our standard home loans that you can compare with other financial institutions. To generate one you'll need to select the home loan product type and enter the loan amount and loan term.

INFORMATION YOU SHOULD KNOW

☉︎

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.

§︎

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

#

Requires minimum new borrowings of $150,000 or more where the loan to value ratio is 97% or less, including capitalised lenders mortgage insurance (LMI), for owner-occupied or investment loans. This offer is limited and may be withdrawn at any time.

^

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.

µ︎

Offers valid as at 29/06/2022 are limited and may be withdrawn or altered at any time without notice. Interest rates are subject to change.

★︎

Available for Family Home Guarantee (FHG) and First Home Guarantee (FHBG) participants who meet the scheme eligibility requirements of NHFIC Scheme Loans. Credit Union SA First Home Buyers Grant is not available on NHFIC Scheme loans. Interest Only only available for construction, after your construction period your loan will revert to principle and interest

☆︎

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

♠︎

Requires minimum new borrowings of $500,000 or more where the loan to value ratio is 85% or less for owner-occupied loans or investment loans.

♙︎

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

♇︎

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 your loan. Interest only are only available where the loan to value ratio is 80% or less. For construction loans, you will only be charged interest only rates if, after your construction period, your repayments will not be principal and interest repayments.

2

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