bcu Home Loans

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bcu is a provider of home loans, credit cards, personal loans, bank accounts, life insurance, home insurance, car insurance, travel insurance, superannuation, investment products, and business banking products.

Loan Options: What bcu home loans offer

Here’s a snapshot of bcu’s variable home loans currently on offer for a purchase value of $600,000 in NSW. Please note that this table is formulated based on paying both principal and interest and results are sorted by our comparison rate (lowest to highest). To compare other home loans, please click here.

 

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The inclusions below represent a selection of the features available with a standard variable rate home loan for an owner occupier. Canstar is not making any suggestion or recommendation to you about this product. Additional conditions may apply to different features. Please see our comparison tables for more detailed information about products on offer from this provider. Please ensure that you read the product disclosure statement (PDS) to determine all the current loan terms and conditions for the product you are considering.

Variable home loan features

  • Offset account available (100% offset account)
  • Redraw facility available
  • Additional repayments allowed
  • No annual ongoing fees (and no monthly ongoing fees for discounted rate, other fees may apply)
  • Home loan pre-approval available

What types of home loans does bcu offer?

At the time of writing, bcu offers the following types of home loans:

  • Variable rate home loan
  • Fixed rate home loan
  • Low doc home loan

Find out about how different types of home loans work here.

See our comparison tables for details of bcu home loans:

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bcu FAQs

Applying for a bcu home loan is as simple as clicking on a bcu product in the Canstar home loan comparison tables. If you need more help to apply, you can request a call back from bcu using the website to speak to a bcu consultant, apply on their website, or call bcu directly on 1300 653 555 (open Mon-Fri).

Follow our applying for a home loan checklist, and use the Canstar website to compare bcu home loans with other home loans before choosing a product that suits your needs:

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Yes, bcu allows extra repayments on their variable interest home loans. A penalty fee for early repayment before the end of the loan term may apply. Terms and conditions apply; contact your lender for details.

Yes, bcu’s variable rate home loans offer a redraw facility. Fees and charges may apply to use of a redraw facility; contact your lender for details.

If you’re in the market for a home loan, compare your home loan options with Canstar:

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bcu was established in 1970 by a group of banana growers in the Macksville district, as the Nambucca Banana Growers’ Federation Members Credit Union, to create an alternative to big banks in the region. The name they have today, bcu, stands for their heritage as the banana growers’ credit union.

In their first year, bcu had accumulated just $6,809 in assets under management, and today they manage over $1 billion. bcu has also expanded its physical presence, with branches and ATMs from Port Macquarie to south-east Queensland.

Thanks to its regional roots, bcu remains committed to providing jobs, economic diversity, and growth throughout their local region. Remote members of bcu who find they have to use other institutions’ ATMs are eligible for a number of free ATM transactions with their partner ATM network.

Certain bcu home loans received a 5-star rating from Canstar in our March 2017 star ratings; see our home loans comparison pages for details.

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OMG! Variable Rate

Canstar Research
Rating:
Award: Outstanding Value Home Loan 2017

Showing products in Canstar’s database with links to lenders’ websites. The display is sorted by the advertised interest rate (lowest to highest), then provider name (alphabetically).

 

Source: Canstar. Based on residential variable home loans available for a loan amount of $350,000 at 80% LVR, and available for Principal and Interest repayments. 
*Comparison rate based on loan amount of $150,000. Read the Comparison Rate Warning.

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Written by: Tim Smith | Last updated: