The Capricornian is a credit union that offers a range of home loans for Australian borrowers. Check out the full table of The Capricornian products below or read more about the lender.
Compare The Capricornian home loans for April 2024
{"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"SAMPLE_COMPARISON_V2_TEMPLATE","nicheCode":"AUFHL","fields":[{"name":"LOAN_AMOUNT","value":"150000","options":"","label":"Borrowing amount","suffix":"$","useSuffixAsPrefix":false,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"30","options":"","label":"Period","suffix":"years","useSuffixAsPrefix":false,"useDropDownOption":false,"tooltip":""}]}
The Capricornian key facts
- The Capricornian is a member-owned credit union in Central Queensland.
- The Capricornian offers home loan products for owner-occupiers and investors.
- This lender also offers other financial products such as bank accounts, insurance and personal loans.
Congratulations to The Capricornian!
The Capricornian's Premium Choice Home Loan - Fixed 3 Year LVR ≤ 90% (Owner Occupier) is the winner of Finder's 2024 Best Owner Occupier Fixed Home Loan - 3 year award. The Queensland-based lender's Premium Choice home loan has low fees, a 100% offset account and an interest rate that's been consistently low over the past 12 months.
Full list of 2024 winners
The Capricornian home loan features
Here are the key features and details you need to know about The Capricornian's mortgage products.
| Minimum deposit | It is possible to get a home loan from The Capricornian with a deposit as low as 5%. |
|---|
| Offset account? | You can get an offset account with several The Capricornian loans. |
|---|
| Repayment options | Several The Capricornian home loans allow you to make interest-only repayments for a limited period. The lender also offers the standard principal-and-interest repayments on its loans. |
|---|
How do I apply for a mortgage from The Capricornian?
When applying for any home loan, you will need
various documents to establish your identity, your financial situation, employment status and details about the property.
Eligibility
The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.
- 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 The Capricornian 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:
📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.
📄 Identification documents. You will need identification such as a driver's licence, 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).
How to apply for a home loan
More lenders to compare
Check out Finder's main home loans guide if you want to compare more home loans from a range of lenders. Or you could try one of the following lenders:
- ING. This online bank is part of the global, Dutch financial group of the same name.
- Commonwealth Bank. The nation's largest bank has a large selection of home loans and a convenient banking app.
- UBank. This online bank is actually owned by NAB.
- Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
- Tic:Toc. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
- Bank of Queensland. Outside of the Big Four this is one of Australia's larger banks. BOQ owns Virgin Money.
- HSBC. The local Australian banking arm of this international bank offers various home loans.
Looking for more mortgage options?
