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Home Loan Types
Guides & Help
On this page you can find information about bcu home loans. Skip ahead to the full table of products or read more about the lender.
Competitive bcu rates for...
- Home buyers. The bcu Fixed Rate Home Loan - 2 Years (Owner Occupier, P&I) has a 2.12% p.a. interest rate and lets you borrow up to 95%.
- Investors. The bcu Fixed Rate Home Loan - 1 Year (Investor, P&I)has a 2.98% p.a. interest rate and lets you borrow up to 89%.
Compare bcu home loans
Compare bcu home loan products below and hit "load more" to see a fuller selection of loans. You can also find more information on each individual product by clicking "more info".
bcu lender profile
- bcu was established in 1970 as the Nambucca Banana Growers' Federation Members Credit Union by a group of business owners on the NSW North Coast. bcu offers a full range of banking products and services and prides itself on its community focus. In 2019 bcu became a division of P&N Bank, but still operates in the NSW North Coast under the bcu brand.
- The bcu network stretches across the NSW North Coast, from Port Macquarie to the Sunshine Coast.
- bcu is a member-owned institution with 50,000 members and 23 branches.
How do I apply for a bcu mortgage?
If you'd like to apply for a home loan from bcu, please contact the lender directly.
Eligibility
Each bcu product has specific eligibility criteria but some will apply to all products. For example:
- Age. You must be over 18 years of age.
- Residency. You should be a resident of Australia.
- Employment. You should have a regular source of income.
Documents required
When you apply for a mortgage with bcu you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:
- Identification documents. You will need identification such as a driver's license, passport or birth certificate.
- Proof of income documents. Recent payslips can establish your income.
- Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).
Detailed guide to home loan applications and paperwork
Looking for more mortgage options?
- Online lenders. Compare more mortgages from online lenders.
- Big Four banks. Check out home loan rates from Australia's Big Four banks.
- Investors. Compare loans for property investors.
- Mortgage brokers. Find out how to get free, expert guidance from a mortgage broker.
Home Loan Offers
Important Information*
Ask an Expert
Shopping for a home loan.
Have read mixed reviews about BCU and RESI
not sure which will give the best service as well as interest rate. That being the case is it better to go with a broker and which brokers deal with Credit Unions?
What are the pitfalls with borrowing from a credit union?
What happens to my home loan if the Credit Union goes bankrupt or into Administration?
Thank you,
Gill
Hi Gill,
Thanks for your comment.
Using a mortgage broker can potentially save you a lot of time and money. Most mortgage brokers deal with a range of credit unions – please see this page for a comparison of mortgage brokers. You can see that Loan Market compares the highest number of lenders. Be mindful that mortgage brokers work on a commission basis.
A mortgage broker will be able to inform you about what happens if your credit union goes bankrupt and their security – if a financial institution does collapse then the receivers/liquidators generally look to sell the assets to another party.
Cheers,
Shirley