Central West Credit Union Home Loans

Central West Credit Union

Central West Credit Union is a provider of home loans, car loans, personal loans, business loans and savings accounts.

What types of home loans does Central West Credit Union offer? 

At the time of writing, Central West Credit Union offers the following types of home loans:

Mortgage Smart Home Loan

This home loan is designed for those looking to purchase a new home. Features include:

  • Standard variable interest rate
  • Free redraw facility
  • No penalty for early repayment
  • 100% offset account available
  • Fee free transaction account
  • Ability to split loan

Minimiser Home Loan

This home loan is designed for first home buyers. Features include:

  • Discounted variable interest rate
  • No monthly account keeping fee
  • No penalty for early repayment
  • Redraw facility available

The Fixed Rate Home Loan

This home loan is designed for borrowers refinancing their existing home loan. Features include:

  • Terms of one or two years
  • Fee free transaction account
  • Ability to split loan

Canstar does not currently compare Central West Credit Union home loans, but you can compare other home loan providers on Canstar’s database:

Compare Home Loans

The inclusions above represent a selection of the features that may be available with Central West Credit Union home loans. Canstar is not making any suggestion or recommendation to you about a particular product. Additional conditions may apply to different features. Check upfront with Central West Credit Union and ensure that you read the product disclosure statement (PDS) or other loan documentation to determine all the current loan terms and conditions for the product you are considering, and whether it meets your needs, before committing to it.

Central West Credit Union home loans FAQs

If you decide to apply for a Central West Credit Union home loan, you can do this through its website or if you are an existing member you can download the loan application form on its website and return it to Central West Credit Union via post or email.

But first you might like to take a look at our applying for a home loan checklist for some pointers, and use the Canstar website to compare other home loans before choosing a product that suits your needs:

Compare Home Loans

Central West Credit Union offers a redraw facility on its Mortgage Smart and Minimiser home loans. Fees and charges may apply to use of a redraw facility. Contact Central West Credit Union for details.

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

Compare Home Loans

Central West Credit Union was formed in October 1966 as the Central West County Council Employees Credit Union. In 1970, it adopted its current name and opened up its membership to all local government and hospital employees. Then, in 1981, Central West Credit Union opened its services to all members of the community. Since its creation, it says it has grown from 86 members to now servicing over 10,000 people.

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Written by: Tamika Seeto | Last updated: December 3, 2018